Barron’s: Tesla becoming “Zombie Stock”
Musk’s crown gem is under fire.
It’s no secret Elon Musk is a visionary. The tech genius is currently the richest man in the world. Recently, everyone’s been focused on his infamous $44 billion Twitter acquisition. But not many people have their eyes on the real story.
WATCH: Analyst’s opinion
Market headwinds like inflation, rising interest rates and economic slowdowns have turned blue-chip growth stocks into zombie stocks. And Tesla is not alone. In fact, trillions have been wiped off balance sheets in 2022. This explains why everyone from Investment Bankers to Hedge Fund Managers are looking for ways to get off the sinking Titanic. If you’re interested in learning more about this opportunity, click here.