Danny Moses Warns of Impending Tesla Stock Collapse

Wednesday, 15 May 2024, 08:34

Investor Danny Moses, famed for shorting the market before the housing crisis, predicts Tesla's (NASDAQ: TSLA) stock price plummeting to $50. Despite a 28.53% decline in 2024, Moses expresses concerns about Tesla's future due to layoffs, robotaxis, and DOJ investigations. He sees rival Wayve as a formidable competitor with significant progress in autonomous driving technology.
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Danny Moses Warns of Impending Tesla Stock Collapse

'Big Short' Investor Sets Tesla Stock Price Target

Danny Moses, an investor known for successfully betting against the housing market before its 2008 implosion alongside Michael Burry.

Concerns Over Tesla's Future

  • Warning of Tesla stock falling to $50
  • Expressing skepticism about Tesla's ventures
  • Questioning the long-term viability of the Robotaxi initiative

Investor Danny Moses highlights the need for tangible results from Tesla to sustain investor interest.

Wayve Emerges as a Challenger

  • Wayve seen as a significant challenger to Tesla
  • Noting Wayve's advancements in autonomous driving
  • Wayve secures over $1 billion in funding

Investor Moses draws attention to Wayve's progress in autonomy technology and major investments from Nvidia, Microsoft, and SoftBank.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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