Tesla (TSLA) May Start Limited Gigafactory Production in H116 - Global Equities
Get Alerts TSLA Hot Sheet
Price: $149.26 -0.45%
Rating Summary:
22 Buy, 28 Hold, 13 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
Rating Summary:
22 Buy, 28 Hold, 13 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
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Global Equities affirms its Overweight rating and $385 price target on Tesla (Nasdaq: TSLA) and offers commentary following earlier news that the company secured lithium suppliers.
Analyst Trip Chowdhry noted the following points:
- GigaFactory is the key strategic differentiator for TSLA, and this announcement indicates that in 1H'2016, some limited production of Batteries may commence at the GigaFactory
- TSLA is creating loosely coupled "eCosystems" with strongly coupled "sub-systems", and GigaFactory is only one of the many instantiations of it, and sadly the competition GM, AUDI, BMW, Mercedes Benz, Honda, Toyota etc are completely clueless
- None of the existing Auto manufacturers have the intellectual capacity to build their own GigaFactories or TeraFactories; and without a GigaFactory, none of the current auto manufacturers have any chance of winning against TSLA
- Current automobile manufacturers are making the classical incumbent error..."Assuming that the Past successes will guide them into future"
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