Tesla Stock Forecast (NASDAQ: TSLA.O): Houston, We Have Problems!

Gleb ZInkovskii_photo       The article was written by Gleb Zinkovskii, a Financial Analyst at I Know First.

Tesla Stock Forecast

Summary
  • Model 3 weekly production rate target of 2,500 by 1Q end missed
  • Ratio analysis suggests “near red line” degree of leverage on Tesla’s balance sheet
  • Goldman Sachs does not believe the production plan will be met by the end of the year
  • The last autopilot accident (March 23, 2018. California, USA) does not seem to be Tesla’s vehicle issue

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