One of the biggest Tesla bears on Wall Street is sticking with his views as rising global recession risks place potential pressure on the EV maker's top and bottom lines.
You might be living under a rock if you haven't heard the word "recession" being thrown around in the media over the past few months. Thanks to inflation, the Federal Reserve's efforts to control inflation, and an overflow of global problems, a worldwide economic contraction is on the table (though not guaranteed) in the near future. The first step to prepare for a recession is to think about your financial goals and clarify them.
In this analysis, we will look at some of the aspects the market may have adapted when pricing Tesla, Inc. (NASDAQ:TSLA) and explore why the stock may retain current levels. Even though the fundamentals may not reflect the current valuation.