Tesla's earnings shocker is is set to wipe $5.6 billion off the stock — and 'things could unravel quickly' for Elon Musk

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Tesla's earnings shocker is is set to wipe $5.6 billion off the stock — and 'things could unravel quickly' for Elon Musk
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'There's only so long that investors will tolerate it,' said an analyst. 'Investors need to be very patient or I feel things could unravel quickly for Musk.'

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Tesla's shares crashed in premarket trading — falling as much as 12% in premarket trading after its Q2 earnings report. Earnings per share and total revenue missed analysts expectations. "There's only so long that investors will tolerate it," said one analyst."Investors need to be very patient or I feel things could unravel quickly for Musk." Visit Markets Insider for more stories.

Tesla's shares crashed in premarket trading — falling as much as 12% in premarket trading after its Q2 earnings report. Earnings per share and total revenue missed analysts expectations. "There's only so long that investors will tolerate it," said one analyst."Investors need to be very patient or I feel things could unravel quickly for Musk." Visit Markets Insider for more stories.

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Like any raising company in a very competitive market there will be challenges. My only question is does Elon Musk knows when to cut his loses? But in my opinion Tesla is a very innovative & sexy car to me! 🤷🏽‍♂️🤷🏽‍♂️🤷🏽‍♂️🤷🏽‍♂️🤷🏽‍♂️

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