Tesla stock has more downside ahead and investors can expect a 25% drop in earnings in the coming quarter amid price cuts, Loup's Gene Munster says

Jan 10 2023 by Business Insider

 
Elon Musk in front of a Tesla

Getty

Tesla stock has more downside, and investors could see a 25% drop in future earnings, Loup's Gene Munster said. Munster is bullish long-term, and he believes shares are undervalued after a brutal 2022 sell-off.  "I remain positive on this company. I think ultimately there are a few good reasons to own this in 2023," he told CNBC.

Tesla stock has more downside ahead, and investors should brace for as much as a 25% drop in future earnings amid recent price...

Continue Reading Tesla stock has more downside ahead and investors can expect a 25% drop in earnings in the coming quarter amid price cuts, Loup's Gene Munster says