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