Hyperdrive
Musk's Bullish Email Puts Battered Tesla on Roller-Coaster Ride
- CEO sees ‘good chance’ carmaker beats fourth-quarter record
- Loup’s Munster says Musk needs to set lower expectations
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Even for oft-volatile Tesla Inc., Thursday morning will go down as one of the more memorable roller-coaster rides.
Another bearish bit of analyst commentary about the Model 3 maker facing demand woes sent the stock tumbling as much as 5.6% in early trading. A little more than an hour later, shares were up 3.6% after a bullish email surfaced on a Chinese social media forum that Elon Musk had supposedly sent to employees.