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🔵TESLA: SPECULATIVE STOCK AMONG RETAIL INVESTORS

🔵TESLA: SPECULATIVE STOCK AMONG RETAIL INVESTORS

Day: 10 | Time: 14:12:23 Bill Gross, former investment fund manager, has stated that Tesla is behaving like a speculative stock among retail investors. He compared the company to Chewy, Zapp, and GameStop, calling many of these stocks "pump and dump." Despite Tesla's recent rally, Gross believes that the weak fundamentals do not justify such a significant surge. Tesla's shares are up 6%, lagging behind the S&P 500, which has gained 17%.

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Source: Yahoo, Bloomberg , Reuters, Trading Economics,