Wall Street is not impressed by Tesla's Model 3 milestone; stock falls again on negative notes

Wall Street is not impressed by Tesla's Model 3 milestone; stock falls again on negative notes

6 years ago
Anonymous $cyhBy-qkd5

https://www.cnbc.com/2018/07/03/wall-street-is-still-worried-over-tesla-model-3-demand.html

Several Wall Street firms are playing down Tesla's Model 3 production milestone, remaining skeptical over the carmaker's finances and demand trends.

Tesla said Monday it reached its one-week production goal of 5,000 Model 3 cars for the last week of the June quarter. But the company fell short on its second-quarter deliveries by posting 40,740 vehicles delivered versus the Wall Street consensus expectation of approximately 51,000.

Wall Street is not impressed by Tesla's Model 3 milestone; stock falls again on negative notes

Jul 3, 2018, 1:36pm UTC
https://www.cnbc.com/2018/07/03/wall-street-is-still-worried-over-tesla-model-3-demand.html > Several Wall Street firms are playing down Tesla's Model 3 production milestone, remaining skeptical over the carmaker's finances and demand trends. > Tesla said Monday it reached its one-week production goal of 5,000 Model 3 cars for the last week of the June quarter. But the company fell short on its second-quarter deliveries by posting 40,740 vehicles delivered versus the Wall Street consensus expectation of approximately 51,000.