Wharton professor Jeremy Siegel channels Warren Buffett in explaining the problem behind Tesla's epic stock price decline

Jan 3 2023 by Business Insider

 
Wharton professor Jeremy Siegel is a long-time market commentator.

REUTERS/Steve Marcus

Jeremy Siegel used a quote from Warren Buffett to explain the problem behind Tesla's epic stock price decline."It's far better to buy a wonderful company at a fair price, than a fair company at a wonderful price," Buffett once said."The problem with Tesla was always the price, and I think that's the bottom line," Siegel said.

Tesla's epic stock price decline has been jarring to many investors, but not...

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