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Replies to post #20092 on Tesla Inc (TSLA)
trkyhntr
05/21/19 7:30 AM
#20093 RE: Nebuchadnezzar #20092
(Bloomberg) -- Tesla Inc. was delivered another blow Tuesday by Morgan Stanley analysts who slashed their worse-case scenario for the share price to just $10 over concerns the electric-car market is saturated. “Demand is at the heart of the problem,” analysts led by Adam Jonas said in a note. “Tesla has grown too big relative to near-term demand, putting great strain on the fundamentals.” Jonas lowered his “bear case” for Tesla shares from a previous estimate of $97, which assumes Tesla misses its current sales forecast in China by about half, and kept a price target of $230. The stock fell 2.6% to $200 a share in pre-market trading. Tesla has drawn criticism for weak deliveries. Tesla handed over just 63,000 cars in the first quarter, yet expects to deliver as many as 100,000 cars in the second and four times that for the year. Hitting the full-year target is going to be a “Herculean task,” Wedbush Securities analyst Dan Ives said on Sunday.
JohnCM
05/21/19 8:57 AM
#20104 RE: Nebuchadnezzar #20092
Called it months ago. People scoffed now I laugh laugh laugh laugh. No matter how you slice it, the company was already poorly run now the stock is just really catching up. I honestly believe this goes to $150 or lower. Musk is also underwater on huge open market buys around $300 $270 and $245-$255. Bonds are getting trashed and if they really want to survive they would have to raise another $20-$40 billion and that cuts the stock to $100 and yet is still poorly run. Just a big LOL at MUSK ELECTRIC CARS, AND AUTONOMY. I REALLY COULD nt be much happier watching such failure
05/21/19 8:58 AM
#20105 RE: Nebuchadnezzar #20092
CJAKE1
08/01/19 8:19 PM
#20941 RE: Nebuchadnezzar #20092
09/20/19 5:35 PM
#21197 RE: Nebuchadnezzar #20092
10/07/19 6:13 PM
#21244 RE: Nebuchadnezzar #20092