Why analysts lowered target prices of Tesla shares despite the release of a new car
Analysts Morgan Stanley, Baird and Barclays lowered target prices of Tesla shares, despite the release of a new car Model X SUV by the company. The crossover received a falcon wing door, three rows of seats and two 259-horsepower engines in the basic configuration, which accelerate the car to 97 km / h in 4.8 seconds. But Tesla often does not deliver purchased cars on time.
In 2014, Tesla planned to deliver thirty-five thousand cars, but in the end, some reached the buyers in early 2015. In 2015, Musk planned to deliver fifty-five thousand cars, but in the middle of the year he reduced this number to a range of fifty thousand to fifty-five thousand. To achieve this result, the company needs to deliver almost seventeen thousand of its cars by the end of this year.
The likelihood that Tesla again fails to fulfill promises, and other factors, including the high price of the first copies of the Model X, forces analysts to lower target stock prices.
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About Tesla cars they write a lot, they are praised by owners and journalists, but the whole history of the company consists of beautiful promises and delays in the release of new cars. Musk showed the Tesla Roadster in 2006, the cars went into production in 2008, but people who already paid in advance for the Roadster received them a few months later . There are no guarantees that this story will not happen again with Model 3, which the company promises to release in 2017.
Tesla's goal is not to produce cars on electricity, but to change the world . The company produces batteries not only for electric vehicles, but also for home use and for corporate customers. Musk is trying to make the world cleaner with a new approach to the use of electricity.
Ferrari always lives up to expectations. A company with almost seventy years of history promises to make seven thousand cars a year, and it makes them, selling each released copy. Tesla is a completely different story: you cannot change the world without ambition, without setting transcendental goals. The company is rarely able to fulfill them, but the Mask has to make promises.
The bottom line is the volatility of stocks within a hundred dollars and a decrease in target stock prices by analysts .
Small Tesla errors are preferable to a major failure, which can cause the company to disappear.
Imagine the world in twenty years. The world in which Tesla will produce five hundred thousand cars a year, and most of the personal transport will use electricity instead of fuel. Do you believe in this future? In such a world, it will not matter whether Tesla delivered fifty thousand cars in 2015 or a total of forty-eight thousand. Musk built a company around a big idea - and such ideas do not always come true on schedule.
Unkept promises
In 2014, Tesla planned to deliver thirty-five thousand cars, but in the end, some reached the buyers in early 2015. In 2015, Musk planned to deliver fifty-five thousand cars, but in the middle of the year he reduced this number to a range of fifty thousand to fifty-five thousand. To achieve this result, the company needs to deliver almost seventeen thousand of its cars by the end of this year.
The likelihood that Tesla again fails to fulfill promises, and other factors, including the high price of the first copies of the Model X, forces analysts to lower target stock prices.
')
About Tesla cars they write a lot, they are praised by owners and journalists, but the whole history of the company consists of beautiful promises and delays in the release of new cars. Musk showed the Tesla Roadster in 2006, the cars went into production in 2008, but people who already paid in advance for the Roadster received them a few months later . There are no guarantees that this story will not happen again with Model 3, which the company promises to release in 2017.
Brave new world
Tesla's goal is not to produce cars on electricity, but to change the world . The company produces batteries not only for electric vehicles, but also for home use and for corporate customers. Musk is trying to make the world cleaner with a new approach to the use of electricity.
Ferrari always lives up to expectations. A company with almost seventy years of history promises to make seven thousand cars a year, and it makes them, selling each released copy. Tesla is a completely different story: you cannot change the world without ambition, without setting transcendental goals. The company is rarely able to fulfill them, but the Mask has to make promises.
The bottom line is the volatility of stocks within a hundred dollars and a decrease in target stock prices by analysts .
No big mistake
Small Tesla errors are preferable to a major failure, which can cause the company to disappear.
Imagine the world in twenty years. The world in which Tesla will produce five hundred thousand cars a year, and most of the personal transport will use electricity instead of fuel. Do you believe in this future? In such a world, it will not matter whether Tesla delivered fifty thousand cars in 2015 or a total of forty-eight thousand. Musk built a company around a big idea - and such ideas do not always come true on schedule.
Source: https://habr.com/ru/post/295266/
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