The Tesla “pain trade” continues, as yet another notable Tesla bull is capitulating. Following in the footsteps of Wedbush, Morgan Stanley and Citibank, all of whom offered dismal outlooks and price targets for Tesla in the past few days, Gene Munster of Loup Ventures, who has been defending the company non-stop over the last several years, has now issued a stern warning….. Munster cited shrinking sales in China and the ongoing trade war as the reason for his increasingly bearish commentary.
