Tesla Motors Inc (NASDAQ:TSLA) Hits “Sell” at UBS at “Ludicrous Speed”
Tesla Motors Inc shares were down strongly on Tuesday morning after a downgrade rocked the market’s confidence in Elon Musk’s firm. UBS reigned in its already bearish view on Tesla Motors in a report issued early on Tuesday morning. The analysts said that Tesla would not be able to spur demand in the years ahead….