Tesla downgraded to sell by CFRA, which predicts Model 3 production rate is not 'sustainable'

Tesla downgraded to sell by CFRA, which predicts Model 3 production rate is not 'sustainable'

6 years ago
Anonymous $cyhBy-qkd5

https://www.cnbc.com/2018/07/02/tesla-drops-after-analyst-says-its-production-rate-is-not-sustainable.html

CFRA Research does not believe Tesla will be able to maintain its Model 3 production rate over the short term.

The firm lowered its rating to sell from hold for Tesla shares, citing the stock’s valuation.