Musk's Twitter chaos brings 'no fear' for Tesla stock -wealth manager

STORY: Drew pointed out that Tesla employees are asking for stock buybacks. If the board agrees to that, "to me that says that the stock is undervalued, and I know they've been trying to get it undervalued - it's a very expensive stock. With that said, it's starting to approach a value stock, and once it's at a value stock you're going to see some of the larger asset managers start to buy it in droves."

Tesla shares jumped Wednesday, outperforming its peers, after Citigroup upgraded the electric-vehicle maker's stock to "neutral" from a "sell" rating.