JPMorgan slashes its Tesla Model 3 fourth-quarter forecast in half

JPMorgan slashes its Tesla Model 3 fourth-quarter forecast in half

7 years ago
Anonymous $ZOEEBQ1zf0

https://www.cnbc.com/2017/10/20/jpmorgan-slashes-its-tesla-model-3-fourth-quarter-forecast-in-half.html

Tesla's recent failure to meet production targets for its Model 3 car is worrying a top Wall Street firm.

JPMorgan reaffirmed its underweight rating on the electric-car maker's shares and reduced its price target, predicting Tesla will continue to have issues producing its vehicles.