Tesla (TSLA) Sparks Demand Concerns With Unsold Inventory And Price Cuts - Cowen

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Needham & Company Reiterates Underperform on Tesla (TSLA) Following Miss

January 3, 2019 9:21 AM EST

Needham & Company analyst, Rajvindra Gill, reiterated an Underperform rating on Tesla (NASDAQ: TSLA) following the company's miss on overall deliveries. Overall deliveries slightly missed consensus: 90.7k vs 90.8.

Based on 4Q18 deliveries, deliveries for Model S and Model X will decline ~2% Y/Y... More