- Tesla is in uncharted territory now that it appears to have shed its aura of invincibility. Punters find themselves in the dark about the stock's outlook, with Morgan Stanley telling clients the price could just as easily triple to $800 in the coming months as it could drop to $200.
Late last month, Simon Hale landed in hot water with his compliance department at Wellington Altus Private Wealth. Due to the sharp rally in Tesla, his holdings of the EV giant had become too valuable relative to the portfolio managed by the Montreal-based institutional investor, and it needed trimming to diversify risk.
