A few years back, GameStop (GME) grabbed headlines during the meme stock frenzy. However, one Wall Street analyst argues that Tesla (TSLA) currently holds the title of the original meme stock.
Elon Musk has long enjoyed a loyal band of Tesla shareholders, who have helped boost the company to stock market stardom over the past five years. However, according to Bill Gross—also dubbed the ...
Shares of Elon Musk’s Tesla (NASDAQ:TSLA) have rallied by nearly 48% over the past month despite the company reporting a drop in its Q2 vehicle production and deliveries. This prompted Bill Gross, the ...
Tesla is acting like a meme stock right now, according to legendary bond investor Bill Gross. Tesla stock has soared more than 40% amid a 10-day winning streak. Gross said Tesla had "sagging ...
As one of the more volatile names in the stock market, Tesla (TSLA) is no stranger to wild swings. In just the last month, its shares have surged by 38%. “Tesla acting like a meme stock — sagging ...
Yale’s Jeff Sonnenfeld argued that Tesla deserves the “meme stock” label, citing its extreme valuation despite Musk rejecting the characterization. Tesla’s valuation far exceeds both auto and tech ...