Close

Tesla (TSLA) Could Unveil Model 3 Variation at October Event - Global Equities

October 10, 2016 10:03 AM EDT
Get Alerts TSLA Hot Sheet
Price: $149.93 --0%

Rating Summary:
    22 Buy, 28 Hold, 13 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 7 | Down: 10 | New: 6
Join SI Premium – FREE

Global Equities is out with commentary on Tesla (Nasdaq: TSLA) amid the company's plans for a product unveiling on October 17th and collaborative product announcement on the 28th.

Analyst Trip Chowdhry offered the following insight on Monday:

  • Tesla would be having an All-Solar roof for its premium cars (Model S and Model X), but that is expected in 2018; so we can rule this out...October 17'2016 is too early for this
  • It is very likely that TSLA will unveil the Cross-over version of Model 3 ([greater than] 50% probability).
    • It is widely believed that there are two variations of Model 3; one got unveiled on March 31' 2016 and the other version will very likely happen on October 17'2016
  • In the follow-up Tweet - Elon said "Does not expect to raise additional money, either in 4QFY2016 or 1QFY2017


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, Rumors

Related Entities

Tesla, Trip Chowdhry, Model 3