Tesla stock had been on a tear through the first half of 2017, at one point threatening $400 per share. The last few weeks have witnessed a pullback from those heights, with the stock now trading at around $330 — still up over 50% since January, a massive rally after shares slid at the end of 2016.
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There's a simple reason why Elon Musk always talks down the price of Tesla stock (TSLA)
There's a method to his apparent madness. And it's critical to Tesla's survival.
What numbers?
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If you were the CEO of Tesla, you might look at these numbers and decide that you're a genius. But Tesla CEO Elon Musk is in the estimation of many already a genius, and his decision has been to talk the stock price down.
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