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Tesla CEO Elon Musk and Shanghai’s Mayor Ying Yong attend the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019.
Aly Song | Reuters
(This story is for CNBC PRO subscribers only.)
Canaccord downgraded shares of Tesla, which have doubled this year, and said investors should wait for a better opportunity to buy after the hot stock’s “electrifying” run.
Tesla shares fell 4% in premarket trading Wednesday.
Harry Miller is a writer and editor based in Toronto who has Ten years of experience in the journalism industry. Before coming to Canada News Media as a National Online Journalist, Miller worked as a senior writer and a reporter-editor with the Canadian Press and a breaking news reporter with the Toronto Star. Miller currently holds two bachelor’s degrees, one in journalism from Ryerson University and another in communications and film studies from Carleton University.
