Publish date:

Tesla Is Incredibly Risky, Says One Well-Known Former Hedge Fund Manager

Tesla shares have been under pressure of late for several reasons. One former hedge fund manager thinks more downside is likely.

Former hedge fund manager Whitney Tilson got caught on the wrong side of the trade in shorting cult stock Tesla  (TSLA) - Get Report a few years back. 

But he warns that the time for Tesla's stock to go down a good bit is fast-approaching. Tilson reveals several concerns to TheStreet that Tesla fanboys should keep in mind. The warning arrives before Tesla's likely contentious annual shareholder meeting on Tuesday. Proposals are in the mix to oust Elon Musk as chairman and sever ties with three board members. 

TST Recommends