Significant Amount of White Tesla's (TSLA) Could Suggest Demand is Strong - Global Equities' Chowdhry

August 19, 2019 12:13 PM EDT
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Global Equities Research analyst Trip Chowdhry conducted his weekly checks at Tesla's (NASDAQ: TSLA) factory and concluded that the large number of white color Tesla vehicles suggests demand is strong.

Chowdhry said for the first time on Sunday, they saw a massive number of white color Tesla's in the holding area.

The analyst highlighted that at the start of the third quarter, Tesla made a change where the Pearl White Multi-Coat color, which used to previously cost $1,500 more, was made a Standard Option, and is now free. Previously, solid black was the standard option, but now black costs $750. From this, the analyst assumes Tesla customer perceive the value of Pearl White Multi-Coat Color to be greater than that of other colors. "Hence, More White Color TSLA Cars is a Validated Proxy for Strong Demand for TSLA Cars," the analyst proclaims.

The analyst provided this DropBox video showing the White Tesla's (LINK)

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Tesla, Trip Chowdhry