Tesla (TSLA) Weaker as Morgan Stanley Slashes 2015 Numbers

Buy Tesla (TSLA) on Today's Weakness, Global Equities' Chowdhry Says

November 19, 2014 12:24 PM EST

Global Equities analyst Trip Chowdhry reiterated an Overweight rating and $385 price target on Tesla Motors (NASDAQ: TSLA), saying shares should be bought on today's weakness.

Chowdhry highlighted:

Maintaining Estimates, Overweight Rating and Price Target of $385We are comfortable with our FY2015 revenue estimates of $6.2 billion, and FY 2015 production estimates of 62K to 65K Auto UnitsProduct rationalization including - Model P85D and Model 85D will increase the Average Selling Price (ASP) by 2% to 5%Investors may want to buy TSLA stock on today's weakness

The analyst also... More

Is Tesla (TSLA) Going to Ditch the Model X Gull-Wing Doors?

November 18, 2014 10:10 AM EST

With its recent earnings report, Tesla Motors (NASDAQ: TSLA) announced, among other things, that the highly anticipated Model X SUV will be delayed further - from the second quarter to the third quarter. In light of this, Morgan Stanley analyst Adam Jonas commented today on rumors the futuristic gull-wing doors could be to blame for the delay.

"If Tesla is indeed having trouble with the doors, it is likely to be driven by the mechanism and form factor of the doors," Jonas comments. "Gull-wing doors are rare but have been done in the... More