Hyperdrive
Tesla’s $350 Billion First-Half Wipeout Opens Door for the Brave
- Investors say buy the dip after worst first six months ever
- ‘A very attractive entry point for long-term investors’
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Tesla Inc. fans are hard to shake.
The electric-vehicle maker’s stock is set to post its worst first half ever with a 35% plunge that eclipses the S&P 500 Index’s 20% decline. But rather than the selloff dimming Tesla’s allure to Wall Street, analysts and investors say wiping out $350 billion in market value presents a buying opportunity.