Pinkspider
01-07 13:11

$TSLA investors finally starting to get that TSLA’s 4Q delivery report wasn’t so much a miss as it was an intentional inventory drawdown to make room for a refreshed Model Y. With 12 DIO at end of 4Q vs 18 DIO after 3Q, TSLA could easily have sold another 10-12K M-Ys to reach WS estimates. 4Q production was 459K vs 4Q deliveries of 495K (-36K inventory drawdown, nearly all M-3/Y).

Tesla Under Investigation: Will It Drop to 350 With More Trouble Ahead?
Bank of America analyst John Murphy downgraded Tesla to Neutral from Buy, claiming that most of the EV maker's upside has been recognized since the firm upgraded shares back in April of last year. Since then, Tesla shares are up over 60%, though most of that run-up has come after President Trump’s election win in November. On Tuesday, NHTSA announced that it has launched an investigation into nearly 2.6 million Tesla vehicles. ------------------- Are you still holding Tesla or waiting for a chance to buy in? What's your target price as Tesla is struggling at $400?
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