Tesla (TSLA) Q1 Tracking to Be 'Massive' - Global Equities' Chowdhry

Global Equities Research analyst Trip Chowdhry weighed in on Tesla (NASDAQ: TSLA) following his latest round of checks, done on March 5th. Based on the checks, Trip expects Q1 will be "massive."

The analyst said Production, Shipping, and Delivery momentum continues to be Massive:

• Delivery activity in 1Q2022 continues to be much stronger than 4Q'2021
• Sequentially Model S Plaid ($130K Car) deliveries up about 15%
• Model S Plaid has High-Margins
• Today we also saw Model X Plaid on the Shipping Truck

The analyst reiterated an Overweight rating and $1,500.00 price target on TSLA.

For an analyst ratings summary and ratings history on Tesla click here. For more ratings news on Tesla click here.

Shares of Tesla closed at $838.29 yesterday.

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