It's Been a Brutal Week for Tesla, Says Rakesh

Vijay Rakesh of Mizhuho Securities says it's been a brutal week for Tesla but he thinks the carmaker will have a decent second half of the year.
--------
More on Bloomberg Television and Markets


Connect with Bloomberg Television on:

Connect with Bloomberg Business on:

More from Bloomberg:


Watch more on YouTube:

[Nyhiak]

Xerox told employees not to sell when stock was at 65. At 12 per share there was a class action suit.

[davestr]

Whenever executives are selling their stock while telling their employees not to sell guess what happens 90 percent of the time after that.

[mattt]

Used car market for teslas is flooded... resale value is plummeting.

[BjorckBengt]

Resale value plummeting. Buy a Tesla and you will have to keep it forever.

[pinktfatrabbit]

Tesla has been overvalued for years, so a correction isn't really surprising.

[sukhdhillon]

employees should dump all their stock while it still is worth non-zero values...

[neutronalchemist]

What fundamentals?
Are you afraid to say that Tesla is pure speculative investment? It's like a cryptovalue. There's nothing behind.
The title is worth 20 times Ford Motor Company, or like all the rest of world's car manufacturers combined, when it sells less cars than BYD, and the only new model it presented in the last five years is a trash can already recalled eight times.

[derekcrockett]

FA with a Roman Salute,
FO like Caesar; 23x

[michaelWells-efbx]

~ Dump EVERYTHING MUSK like Richard Nixon .. this Toad is NEVER coming Back

[markdc]

Tesla is toast. Maybe Ford can take over the factories to build their Mexico cars there.

[tersamjes]

Trade in your Tesla for lucid air best for range

[ARMENASSATURIAN]

I read tesla board were sellingbtheir stocks

[hchalz]

I wouldn't worry much about it. Soon, president Trump will issue an order to make it mandatory to buy and own TSLA shares for all Americans.

[sukhdhillon]

Mizhuo doesn't own. Rakesh doesn't own. Rakesh's family doesn't own. Sell sell sell sell sell ....

[kevinduda]

Only the start of Tesla's pain, far more severe for everything musk had an involvement with, starlink, space x, forget cybercab or robot's its toast and great to know its demise is near.

Racist, facist and going down!

[lilmeers]

This is nuts. Ignore the elephant in the room because the new Model Y will drive sales. The company reputation and sales are collapsing and the brand will not return under MUSK (nor after him). He and Tesla are done.

[lunasearecords]

Someone who can print posters should print posters with Musk doing his Nazi salute with a Tesla auto behind him. Below the photo it should read, "Tesla: The Final Solution". Post the posters everywhere. I mean everywhere.

[Secondwind]

If sales continue to slow the stock will transition to a value company.

[haroldgorbett]

As an investment enthusiast, I often wonder how top-level investors are able to become millionaires through investing. I have a significant amount of capital to start with, but I'm unsure about the strategies and direct I should take to help me generate substantial profits like some people are this season.

[matthew.stevick]

been a brutal decade for lower on the food chain beta bloomberg. i don’t even own tsla, i just know who u r and so do u to ur misfortune. gg.