US EditionDavid Giroux, Well-Known Fund Manager: “Tesla Could Fall 90% Tomorrow and Still Not Buy a Share” - Hybrids and Electrics
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David Giroux, one of the most outstanding fund managers of today, has issued a harsh warning about the stock market and, in particular, about Tesla’s valuation. Giroux, head of the T. Rowe Price Capital Appreciation fund, which accumulates an annualized return of 11.9% and exceeds 99% of its competitors, assured that he would not invest in Tesla or even if his shares plummeted by 90%. During a round table organized by Barron’s, the manager point…
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