Drive Wire: More Bad News For Tesla Shareholders

Bad news for Tesla, the electric automaker’s stock has slipped back to early-2014 levels. The price hit a bump in the last few days after a prominent analyst dropped his outlook estimation based on lower volume sales for the new Model X and increasing competition. If you’re looking for advice on whether to buy Tesla stock, you’ve come to the wrong place. We at Drive Wire are not in any way financial advisors, and frankly, you’re better off getting investment tips from any of your cousins who wear nice shoes to their job. At any rate, Tesla will release its fourth-quarter earnings next Wednesday, so expect more news then.