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Tesla will mark the beginning of the end for this bull market, warns Ralph Nader

Tesla will mark the beginning of the end for this bull market, warns Ralph Nader
Tesla will mark the beginning of the end for this bull market, warns Ralph Nader

Apparently so, according to consumer advocate and former presidential candidate Ralph Nader, who issued a stark warning this week, not only on the electric-car maker’s pricey stock, but on the stock market as a whole.

“Deep in debt, selling less than 400,000 vehicles last year and challenged by several competing electric car models in 2020, Tesla’s stock valuation stunningly exceeds VW which sold over 10 million vehicles last year,” Nader added in a follow-up tweet. Of course, his stance didn’t sit well with Tesla fans.

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