Gavekal Capital: Tesla Down a Cool 29% from Its Peak So Far

Thursday, November 7, 2013

Tesla Down a Cool 29% from Its Peak So Far

In what must win the award for this year's most speculative stock, Tesla finished the day today down 8.6% and is just shy of 30% off its all-time high. And this on a day when the speculators were fairly revved up, as is evidenced by Twitter's mere 73% pop from the IPO price.

About Gavekal Capital

Gavekal Capital is a US registered investment advisory firm that manages the Gavekal Knowledge Leaders Strategy. Knowledge Leaders are a group of the world’s leading innovators with deep reservoirs of intangible capital. These companies often possess competitive advantages such as strong brand, proprietary knowledge or a unique distribution mechanism. Knowledge Leaders are largely service-based and advanced manufacturing businesses, often operating globally. Gavekal Capital seeks to identify the world’s leading knowledge companies through a proprietary process that analyzes corporate knowledge investments.
We offer the Gavekal Knowledge Leaders Strategy in multiple products for global investors. For more information about our product offerings please visit http://www.gavekalcapital.com.
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