Sun, June 1, 2025
[ Yesterday Evening ] - Fortune
Big Tech is back in S&P 500 driver's seat as profit engines hum
[ Yesterday Afternoon ] - Fortune
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[ Yesterday Afternoon ] - Forbes
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[ Yesterday Afternoon ] - BBC
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[ Yesterday Afternoon ] - Fortune
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[ Yesterday Afternoon ] - Fortune
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[ Yesterday Afternoon ] - Fortune
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[ Yesterday Morning ] - Fortune
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[ Yesterday Morning ] - Fortune
'90 days of uncertainty': Macron presses Europe for swift response to Trump's tariff gambit
[ Yesterday Morning ] - ThePrint
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Tesla shares plunge below Lutnick's 'never this cheap' level


//travel-leisure.news-articles.net/content/2025/ .. unge-below-lutnick-s-never-this-cheap-level.html
Published in Travel and Leisure on Saturday, May 31st 2025 at 8:06 GMT by Fortune   Print publication without navigation

  • Tesla's stock extended losses Monday, dropping below a price at which Commerce Secretary Howard Lutnick predicted they'd never fall to again.

In an article published on April 7, 2025, by Fortune, Howard Lutnick, CEO of Cantor Fitzgerald, expressed his belief that Tesla's stock has never been as undervalued as it is currently, despite the company facing challenges such as declining demand and increased competition in the electric vehicle market. Lutnick's comments come at a time when Tesla's stock price has significantly dropped, making it an attractive investment opportunity in his view. Additionally, the article discusses the potential impact of former President Donald Trump's proposed tariffs on Chinese electric vehicles, which could benefit Tesla by protecting it from cheaper imports. The combination of these factors leads Lutnick to be optimistic about Tesla's future, suggesting that the current stock price represents a rare buying opportunity.

Read the Full Fortune Article at:
[ https://fortune.com/2025/04/07/tesla-stock-lutnick-never-this-cheap-level-trump-tariffs/ ]

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