Tesla (TSLA) Factory Checks Suggest Model S and Model X May Have Reached 'End-of-Life', Focus to Be Model Y, 3 and Cybertruck - Chowdhry
Get Alerts TSLA Hot Sheet
Price: $173.80 +6.25%
Rating Summary:
24 Buy, 26 Hold, 13 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 20 | Down: 14 | New: 22
Rating Summary:
24 Buy, 26 Hold, 13 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 20 | Down: 14 | New: 22
Join SI Premium – FREE
Global Equities Research analyst Trip Chowdhry conducted his routine checks at Tesla's (NASDAQ: TSLA) Factory, Delivery Hub and Shipping Docks. His key takeaway was the Y Factory activity is off to a good start and the product mix is shifting.
Product Mix is Shifting. Model S and Model X may get discontinued, thereby paving way for CyberTruck or maybe CyberCar, 2 years from now
- On relative basis, we saw much more Model S and Model X coming from the Production Area to Holding Area
KEY TAKEAWAYS:
- We think, there is some burst in production of both Model S and Model X
- We have taken the Test Ride in CyberTruck.
- The technology of CyberTruck is exponentially over and beyond both Model S and Model X.
- CyberTruck is completely in a different Technology Orbit
- Model Y seems to be on plan, the outside construction is now complete
Based on the above, we think the following is happening:
- TSLA will very likely announce that Model S and Model X have reached their end-of-life, and if anyone wants to buy these cars, for whatever reason, have up until June-July'2020 to buy one
- TSLA focus for next 2 years will likely be the following:
- 70% Effort on Model Y
- 30% Effort on Model 3
- Our research is indicating that demand for Model Y will easily be 3x that of Model 3
- 2 Years from now, we think TSLA will Launch CyberTruck and maybe CyberCar
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Tesla (TSLA) PT Lowered to $190 at Goldman Sachs, 'Lowering Tesla estimates on production and market headwinds'
- US Energy Department Set To Unveil Final Rules On Tuesday That Will Soften Proposal To Slash Electric Vehicle Mileage Ratings To Meet Fuel Economy Rules - Reuters
- Nasdaq resolves technical glitch that impacted premarket trading
Create E-mail Alert Related Categories
Analyst Comments, RumorsRelated Entities
Tesla, Trip Chowdhry, Model 3Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!