Tesla stock will crash to $22, warns Wall Street analyst

Tuesday witnessed further decline in Tesla’s (NASDAQ: TSLA) stock. The drop brought the company’s shares down by nearly 9% over the course of a week. There are many reasons for pessimism surrounding Elon Musk’s electric vehicle (EV) maker. Firstly, it was reported that Tesla wanted to lay off more than 10% of its employees on April 15. This news came shortly after two key executives, Drew Baglino and Rohan Patel, announced their departure from the company. These occurrences have rattled investor confidence ...