3 Things Needed to Kill a Cult Stock

What does it take to stop a cult stock? What can reverse the price of Tesla (TSLA) or Netflix (NFLX) or Amazon.com (AMZN)?

First, it's harder than you think. These are stocks backed by products everyone loves. Last week I took a hard look at the new BMW electric car, the one that goes 100 miles on one tank, and I said it had none of the panache of the 180 miles-per-tank that the Tesla has. The fact that BMW's being branded as a city car leaves me cold, too. How many chargers are there in the city? The Tesla's a driving wonder. It is without a doubt the most sought-after car I have ever seen. Yet there are tons of nonbelievers everywhere.

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