No Significant Tesla Model 3 Delivery Is Possible In 2017 Says Analyst

Posted: May 15 2017, 8:50am CDT | by , in News | Cars & Vehicles

 
No Significant Tesla Model 3 Delivery is Possible in 2017 Says Analyst
  • Analyst Sees almost No Model 3 Delivery in 2017

Tesla Motors stocks have undergone a 3% reduction with zilch Model 3 orders this year.

Despite the high value of Tesla stocks seven days ago, a 3% setback occurred this morning. This was after Adam Jonas from Morgan Stanley downgraded the stock.

After the stock passed the $305 target and reached $325, Jonas lightened the financial load. Also the analyst warned that the deliveries of Model 3 could be lower than the lowest amounts this year and the next.

Tesla has suffered an obvious loss. Model 3 deliveries which were supposed to save Tesla from this degradation too slumped leading to this ultimate stagnation in economic terms.

According to Electrek, the expectations for Tesla are not matching up with the reality. That is to be expected since reality is often a bitter and brutal thing to which we all must return in the end.

Tesla Motors revealed its plans earlier this year regarding its Model 3 manufacturing process. About 5,000 vehicles were to be churned out on the assembly lines by the time 2017 comes to an end.

Tesla’s latest ventures such as solar cells and durable trucks have not been accounted into this equation by Jonas. That is because they are still new plans which have been hatched and do not figure in the overall profit-making schemes of Tesla Motors.

Yet the trucks are a project that just might pay off in scads in the final analysis. This all will however only be possible much later on in the future. For now Tesla only has its electric cars to rely on.

Elon Musk of course is completely confident in his company’s capacity for reversing its fortunes. His genius mind spans the length and breadth of technological knowledge and understanding. This man will not take “no” for an answer which is the reason behind his company’s resilience.

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