These are the 10 reasons to remain cautious on Tesla amid the stock's rapid rally, BofA says

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"In our view, the $1,500+ stock price is not supported by fundamentals, with valuation driven largely by momentum and low rates," said BofA analysts.

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July 23, 2020   |   View Online »   |   Learn about BI Prime »
 
These are the 10 reasons to remain cautious on Tesla amid the stock's rapid rally, BofA says

These are the 10 reasons to remain cautious on Tesla amid the stock's rapid rally, BofA says

"In our view, the $1,500+ stock price is not supported by fundamentals, with valuation driven largely by momentum and low rates," said BofA analysts.

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