Hubert Burda Media
- Tesla's market value has fallen by more than 30% in recent months.
- NYU professor Scott Galloway, known for his famous Amazon Whole Foods call, says it's likely to be cut in half from here.
- That discount could make Elon Musk's company a prime takeover target for a technology firm.
In March, NYU professor Scott Galloway made a bold prediction at South by Southwest: this will be the year that Tesla begins to unravel.
Two months later, his claim is starting to look like it could come true. Shares of Elon Musk's electric automaker have plunged more than 35% to trade below $200, while Wall Street analysts worry that underlying demand for the vehicles may have disappeared.
See the rest of the story at Business Insider
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SEE ALSO: Tesla investors are demanding the biggest return in history to hold the company's debt
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