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Tesla’s biggest bear on Wall Street says the stock will plunge 80% this year and explains what the bulls are missing

"When the snowball starts to roll down the hill, we think it's going to be very precipitous," Gordon Johnson said of his $45 price target on Tesla.

Tesla’s path to profitability looks shakier than ever. Here’s what Wall Street had to say about the company’s disastrous quarter.

The electric automaker suffered a double whammy of a profit miss and the departure of its chief technology officer — and analysts aren't impressed.
Tesla CTO JB Straubel.

JB Straubel, Tesla’s longest-tenured executive, is stepping down

JB Straubel, Tesla's chief technology officer, will step down from his position to become a senior advisor at the company.
People walk past a Tesla store in Washington, DC on March 4, 2019.

Tesla quietly opened 25 new stores and service centers last quarter after abandoning plans to shutter most of them

New locations include a showroom in London's posh Westfield shopping center; Warwick, Rhode Island, and others. The company is also opening new service centers.
The Tesla Model Y.

Tesla expects the Model Y to be more profitable than the Model 3

Tesla cited higher expected selling prices as one of the reasons why the Model Y could be more profitable than the best-selling Model 3.
Tesla CEO Elon Musk.

Tesla’s second-quarter earnings fall short of Wall Street expectations

The company's stock price fell more than 8% in after-hours trading following the earnings release on Wednesday.
Tesla CEO Elon Musk.

Tesla is about to report its 2nd-quarter earnings. Here’s what to expect from Elon Musk’s electric-car company.

This may not be the quarter that Tesla returns to profitability, analysts say. Here are their biggest questions ahead of the quarterly report.
Tesla CEO Elon Musk.

Tesla is about to report 2nd-quarter earnings — here are 3 things to look for

Analysts expect Tesla to post a loss for Q2. Analysts also expect Tesla's revenue to rebound on improved Q2 vehicle deliveries.
Tesla CEO Elon Musk has expressed his desire to take the company private.

Elon Musk said now is ‘probably’ around the right time to raise capital

Tesla CEO Elon Musk said on Wednesday that there is "merit" to the idea of raising new funds.
Tesla CEO Elon Musk.

Elon Musk says Tesla will begin offering its own insurance to customers next month

Tesla CEO Elon Musk said on Wednesday that the electric-car maker will begin offering a new insurance product to its customers in around a month.