Tesla shares have surged 12 percent in the last week, but one equity strategist sees trouble on the horizon.
The stock has risen for three-straight sessions on a slew of news the market appeared to like: CEO Elon Musk said last week the electric car manufacturer was working toward custom artificial intelligence hardware and PepsiCo said Monday it had reserved a fleet of 100 Tesla Semi trucks.
Despite the rally, Matt Maley of Miller Tabak has reservations for the stock heading into 2018. Here are his reasons why.
