Tesla (TSLA) Model 3 Production Appears Up 3-4x Over Past Two Weeks - Global Equities' Chowdhry

March 26, 2018 6:41 AM EDT
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Global Equities Research analyst Trip Chowdhry conducted his recent Tesla (NASDAQ: TSLA) factory checks on March 25th and notes solid production and solid delivery. In fact, he said between March 11 and March 25, the production of Model 3's has improved almost 3X to 4X.

Further, he notes:

  • Production and Deliveries of Model 3's continues to improve, and not deteriorate
  • There were more than 1,000 TSLA Vehicles in the Holding Area
  • The delivery truck activity was at least 5X of that what we saw on March 11th

Chowdhry proclaims "Betting against TSLA is not only insane but total Stupidity."

The analyst notes this is the first time they saw a convoy of 3 Delivery Trucks with 7 to 8 Tesla Model S, X and 3's on each delivery truck were leaving the holding area. Here is a link to a video he made showing multiple delivery trucks.

Pictures below from Trip of the delivery truck.

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