With the advent of the autonomous cars in our life, analysts are also in the race for predictions – which kind of reminds us of astrology and horoscopes.
The only thing is that some of them, like Morgan Stanley analyst Adam Jonas, are so powerful they can create stock collapses with just one note. This is what happened yesterday to Tesla’s shares, taking a dive of more than 9% to $253 a share at the close. That’s because Jonas said in his note that “human driving” is coming to an end and that Tesla could be out of the auto making game from that point on.
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