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

August 20, 2018 7:47 AM EDT

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

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.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Rumors, Trader Talk

Related Entities

JPMorgan, Twitter, Tesla