Forget the stock. Tesla's bonds are imploding

Data sources GoodCarBadCar InsideEVs

The gains also came after Musk himself said in an email to employees late Friday that the company was on track for the "most unbelievable quarter in our history" and urged employees to ignore "fuss and noise" about the company in the media.

A Tesla spokesman said dropping the paint colors is not an indication of any production problems.

Facing significant pressure as Tesla ramps up production on its flagship Model 3 sedan to meet projections, Musk has been involved in a number of highly publicized incidents.

Despite rebounding 6% Monday, Tesla's share price has plunged 29% from the peak of 389.61 on the day Mr. Musk Tweeted the go-private plan.

Shares of Tesla are down 14% since the start of this year.

Investors should still buy Tesla's stock in spite of all the "drama" surrounding the electric auto maker and its management, an analyst at Baird said after touring the company's factory.

Florence becomes a hurricane, takes aim at US Southeast
Plenty of moisture in the atmosphere turned into daily storms that became pretty widespread both Saturday and Sunday . Monday, Florence had strengthened to a Category 3 hurricane , with maximum sustained winds of 115 miles per hour .

Sergio Ramos sends Luke Shaw 'get well soon' message after head injury
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In a recent note on Tuesday, Nomura Instinet analyst Romit Shah downgraded Tesla from "Buy" to "Neutral" in a note to clients titled No Longer Investable. They have fallen 29 percent from their August 7 intraday high of $387.46 when Musk tweeted about taking the company private. Shares slid 13% last week after CEO Elon Musk was filmed smoking marijuana during a live interview, and amid personnel changes that saw chief accountant Dave Morton resign. In the letter, Musk noted that Tesla is poised to have the "most awesome quarter" in its history, and it is about to build and deliver "more than twice as many cars" as it did in Q2 2018.

The only forecast Tesla had given previously for the third quarter was that it would produce 50,000 to 55,000 Model 3s.

The CEO, who wrote "funding has been secured", later indicated that Tesla would stay public, opening up a Securities and Exchange Commission (SEC) investigation, a lawsuit by short seller Andrew Left and numerous bearish reports doubting that details of a deal had ever been hashed out.

Tesla on Tuesday said it manufactured 2,020 Model 3 vehicles in the last week of its first quarter - but missed its target of 2,500.

This is the Obsidian Black Tesla Model S. So, Tesla stock is receiving contradictory opinions, to say the least. He views the drop off in Tesla shares following controversy over Musk's unapproved tweets regarding a take-private acquisition as overblown.

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