Tesla (TSLA) Bulls Find Ray of Hope as Musk Unfollows Girlfriend Grimes

Tesla (NASDAQ: TSLA) shares are under pressure again amid concerns about the 'go-private' deal and potential enforcement action following Elon Musk's tweet. JPMorgan slashed its price target on the stock 37% to $195 today, saying funding does not appear secure. Meanwhile, Tesla bulls are finding some solace in the fact that Musk unfollowed girlfriend Grimes on Instagram and Twitter - suggesting they may no longer be an item. This, bulls say, could allow Musk to get back on track mentally.

You May Also Be Interested In

• Nio (NIO) and Xpeng (XPEV) Report June and 2Q Delivery Numbers; Tesla (TSLA) Report Expected to be 'Ugly'
• DocuSign Inc. (DOCU) Gains on Chatter
• General Motors' (GM) Hummer Production Trails Similar Offerings From Ford, Rivian -- WSJ