CNBC Stock Analyst's Brutal Rant On Elon Musk's Businesses

April 23, 2023

CNBC’s Fast Money discussed the fundamental’s of Elon Musk’s three major businesses on Thursday evening, focusing on the large dip Tesla’s stock has taken since late March. “I actually think it’s going probably break 100, which is where I was in January, and my price target is 69 to the downside. That might seem a little aggressive on 4/20 on a day that it was just Elon day here,” Nathan said. Tesla’s stock was at $207 a share at the end of March and at $165 a share by the close of the market Friday. “I think there’s a demand issue and I think there’s a competition issue in China.