Tesla (TSLA) is 500x Ahead of Competition - Global Equities' Chowdhry

April 3, 2018 10:30 AM EDT
Get Alerts TSLA Hot Sheet
Price: $358.04 -2.69%

Rating Summary:
    29 Buy, 26 Hold, 16 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 10 | Down: 6 | New: 33
Join SI Premium – FREE

Global Equities Research analyst Trip Chowdhry took a victory lap of sorts following Tesla's (NASDAQ: TSLA) Model 3 production numbers. Trip has been at the factory every weekend counting cars, and today's report validated their research that production is ramping up nicely.

Trip said Tesla is 500 times ahead of competition and they have "zero" chance to catch up.

  • Many in the investment community cheer management for jumping over easy hurdles and consider them geniuses
    • Instead of aiming at the stars, they just aim at the stones a few millimeters off the surface.
  • Tesla aims very, very, very, very high. Even if they achieve 50% of (their ambitions), they are still 500 times ahead of the competition.

The analyst also noted the Model 3 Dual Motor Option is coming in May'2018, ahead of previously planned October'2018 launch



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments

Related Entities

Tesla, Trip Chowdhry, Model 3