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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Bear Spiegel sees Tesla falling to $30 a share

Tesla short seller, Mark Spiegel of Stanphyl Capital, spoke to IGTV’s Victoria Scholar about his bearish outlook on the stock. He thinks this week’s NHTFA investigation shows that the electric vehicle company has been ‘extremely deceptive’. Spiegel thinks Tesla could slump to $200 by the end of the year and ultimately to $30 a share. He thinks that not only Tesla, but also the wider stock market, is in a bubble that is already beginning to burst.

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Publication date : 2021-09-08T11:15:31+0100

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