Tesla (TSLA) Stock Is All Hype and Grossly Overvalued: Former GM Chairman

Tesla Motors (TSLA), whose stock price has surged by more than 67 percent year-to-date, is all hype and CEO Elon Musk was right to say the electric car maker’s pps is “kind of high right now,” former General Motors (GM) Chairman Bob Lutz told CNBC on Wednesday. “Elon Musk is right. It’s grossly overvalued right […] View the full post at: Tesla (TSLA) Stock Is All Hype and Grossly Overvalued: Former GM Chairman Related posts: Stock Market Closes In Positive Territory Gold Stock Timing Indicator Says “Buy” Top Pre-Market Stock Upgrades/Downgrades April 7, 2010