Tesla, Inc.(NASDAQ:TSLA) shares may be relatively attractive, given their recent underperformance, but a portfolio manager said he is not too keen on owning the stock yet.
What Happened:Tesla could be stymied by its absence in the low-end segment, Hennessy Stance ESG ETF portfolio managerBill Davissaid in an interview with Yahoo Finance. The combination of high interest rates and expensive cars is not a great recipe for growth, he said, adding that Tesla's foundation is beginning to crumble.
"In an effort to become the leader that they weren't — I don't take anything...
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