Scalper1 News
Tesla Motors (TSLA) shares lost their charge early Wednesday after Morgan Stanley cut its forecast on Model X deliveries. Analyst Adam Jonas now sees Elon Musk’s luxury electric car company delivering 5,000 Model X vehicles next year, well below an earlier estimate for 15,000 vehicles. “Our forecasts apply what we believe to be reasonable execution risk on this important model to ensure uncompromising quality of initial units,” Jonas wrote in a Scalper1 News
Scalper1 News