Credit to Author: Zachary Shahan| Date: Tue, 12 Nov 2019 09:10:28 +0000
A few weeks ago, thanks to a friendly Tesla fan on Twitter, The Guardian, and Rainforest Action Network, I shared the news that the top 3 banks funding fossil fuel development also — through a different arm — are providing bearish forecasts for Tesla [TSLA] and recommending traders sell the stock rather than buy it. The update this week: despite a surprise profit in quarter 3 and much of the market swinging in the other direction, the Tesla analysts at these top 3 fossil fuel funders are holding steady on their bearish stance and recommendation to sell