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Elon Musk calls Tesla's stock overvalued; shares drop

m.knox

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Aug 20, 2003
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Will rumble take up his cause against Musk?

http://www.cnbc.com/2017/07/17/elon-musk-teslas-stock-price-is-higher-than-we-deserve-right-now.html

"I've gone on the record several times that the stock price is higher than we have the right to deserve and that's for sure true based on where we are today," Musk told Nevada Gov. Brian Sandoval at the National Governors Association summer meeting on Saturday.

Musk added the company's stock price reflects a "lot of optimism" and that he has tried to taper expectations, but has found that "quite tough" when euphoria is running this high.
 
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