NEW YORK ( TheStreet) -- The biggest headline of Tuesday was the selloff in Telsa Motors (TSLA) because of a report issued by Goldman Sachs. Although the firm did raise its price target, it cited best, worst and in-between cases for Tesla's auto sales, none of which were even close to supporting the current stock price.Guy Adami said on CNBC's "Fast Money" TV show that Tesla likely still has more pain ahead. With over 32 million shares traded Wednesday, the action wasn't pretty and it proves that there were a lot of weak hands holding the stock. He added that it's typical for stocks to go down much faster than they go up.
'Fast Money' Recap: Hitting the Brakes on Tesla
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