U.S. Markets closed

Tesla bull Dan Ives calls Q1 earnings one of the 'top debacles' and downgrades stock

Dan Ives, Wedbush Securities Managing Director of Equity Research, threw in the towel and calls Tesla's dismal quarter 1 earnings one of the 'top debacles'. He says he cannot look at investors in the eye anymore and keep his bullish stance, and subsequently downgraded the stock to neutral. He joins Yahoo Finance's Seana Smith with more.