Buyers could face possible legal action and Tesla may also refuse to sell future EVs to that individual or entity.
Plug Power — Shares of the hydrogen developer added 1% after falling earlier in the session and plunging 40% Friday.
On Monday, Wolfe Research downgraded Plug Power to peer perform from outperform, citing execution risk for financing operations.
The downgrade came after Plug Power on Friday issued a going concern warning .
The firm noted that the company recently topped consensus earnings estimates and expressed optimism over Health Catalyst's strong product portfolio and tech-enabled managed services (TEMS).
Persons:
Tesla, Guggenheim, Wolfe, CrowdStrike, Henry Schein —, Henry Schein, Piper Sandler, GitLab, —, Sarah Min, Hakyung Kim, Alex Harring, Jesse Pound, Pia Singh, Tanaya Macheel
Organizations:
Warner Bros, Discovery, Boeing —, Dubai carrier Emirates, Boeing, Bloomberg, Nvidia —, Wolfe Research, StreetAccount, Tyson, Stifel, CrowdStrike
Locations:
China