A Wild Week For This Auto Stock
The following video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Brendan Byrnes and technology editor/analyst Andrew Tonner discuss topics across the investing world.
Tesla has had a crazy week. First, the electric-car company announced on Friday afternoon that two senior engineers would be leaving. Its shares immediately tanked around 20%. Then, after a conference call Tuesday morning in which CEO Elon Musk reassured investors that this would not have a meaningful impact on their eagerly awaited Model S sedan, shares shot back up. What does this crazy week mean for long term investors?
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At the time this article was published Motley Fool newsletter services recommend Ford and Tesla Motors. Brendan Byrnes owns Ford. Andrew Tonner has no positions in the stocks mentioned above. The Motley Fool owns shares of Ford. Try any of ourFoolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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