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Tesla's stock continues to crater

Video Credit: Rumble - Duration: 00:45s - Published < > Embed
Tesla's stock continues to crater

Tesla's stock continues to crater

On Thursday morning Tesla shares hit a 2 1/2-year low.

According to one Wall Street strategist, a &quot;wash out&quot; move in the stock could be coming before a &quot;decent sized bounce.&quot; However another Tesla watcher says there are no signs of exhaustion by the sellers and that shares could fall to $141.

Business Insider reports shares of the electric-car maker gained as much 3% Thursday morning after reports said CEO Elon Musk sent a letter to employees on Wednesday evening saying demand for its vehicles remained strong.

The email states, &quot;As of yesterday, we had over 50,000 net new orders for this quarter.&quot;

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