Tesla is acting like a meme stock right now, according to legendary bond investor Bill Gross.
AdvertisementTesla is acting like a meme stock right now, according to legendary bond manager Bill Gross.
In a post to X on Tuesday, Gross said of the electric vehicle company:Tesla acting like a meme stock — sagging fundamentals, straight up price action.
But then there seems to be a new meme stock every other day now.
— Bill Gross (@real_bill_gross) July 9, 2024The comments from Gross come amid an ongoing surge in Tesla stock.
Persons:
Tesla, Bill Gross, Gross, —, Zapp, — Bill Gross, Keith Gill
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Service, GameStop, Chewy