Tesla has 37 percent downside, Jefferies sees losses until 2020
Tesla's production does not meet Wall Street's expectations, Jefferies analyst Philippe Houchois tells Bloomberg News. Read here for insight into the analyst's view on the Tesla share.
BY BETH MELLOR, BLOOMBERG
Tesla drops 1.4% pre-market after Jefferies analyst Philippe Houchois starts coverage with an underperform rating and USD 240
PT, implying 37% downside to Monday's close.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Vestas and Tesla to collaborate
For subscribers
A new bubble on the market? Tesla share defies reality
For subscribers
Upcoming Danish e-car to beat Tesla for battery strength
For subscribers
.jpg&w=384&q=75){kind=logo}