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Nelson: Seeing "Same Red Flags" in TSLA, Signals Pending Pullback
Youtube· 2025-09-22 23:30
Joining us now very pleased to say is Garrett Nelson, vice president and senior equity analyst, CFRA research, who actually downgraded Tesla to sell last week with a $300 price target. Uh Garrett, let's just get over to you and I'm just wondering exactly what was behind that call. >> Yeah, thanks for having me.In our view, earnings expectations are too high surrounding the name. Um and so it's a mix of expectations being too high and then valuation. uh the stock is now trading well north of 200 times our EP ...