mo4ch:>Auto industry will never let Tesla drive at high speed, analyst tells RT’s Boom Bust | Mo4ch News

Tesla's stock has been under serious pressure over the past week, at times dropping below $200 per share. Even though shares have pared some of the losses so far, the stock is still down 3.11 percent to $205.08.The company has taken many attempts to remedy the tense situation. Earlier this week, Tesla said it would reduce the prices of its two most expensive models. Shortly after a weak first quarter report, the company announced plans to sell car insurance to Tesla owners.Lauren Fix, an automotive analyst known as “The Car Coach” has shed light on what to expect from the producer of the world’s first massively produced electric vehicle.Also on rt.comTesla stock continues to crash as Morgan Stanley adds fuel to the fire“I think we’re going to have a second-quarter loss with Tesla,” the expert told RT’s Boom Bust. “I mean it’s great to say that he’s got all these great ideas, but realize that this insurance idea that he has is great only as an idea.”The analyst stressed that gettin…