tonyinc
Member
http://news.investors.com/technology/100615-774266-tesla-bull-trims-price-target-model-x.htm
This analyst has been the biggest Tesla Bull for years and he agrees with the OP. This combined with the seats (which I am confident will cause cancellations) is not good news.
No matter how much you support Tesla and their products (which I really do), you have to agree the X launch is a fail for the company. There are just not enough people to pay anything and accept anything out there. This is not a bad thing if Tesla learns from it.
Just because people pay a $5,000 deposit like I did, does not mean they will pay significantly more than they expected and/or accept a reduction in utility.
This guy still has a crazy high target for the stock, but the point is even he sees an issue here. Just growing pains for Tesla, as they appeal to a broader and broader market, they have to make the customers feel loved at some point.
This analyst has been the biggest Tesla Bull for years and he agrees with the OP. This combined with the seats (which I am confident will cause cancellations) is not good news.
No matter how much you support Tesla and their products (which I really do), you have to agree the X launch is a fail for the company. There are just not enough people to pay anything and accept anything out there. This is not a bad thing if Tesla learns from it.
Just because people pay a $5,000 deposit like I did, does not mean they will pay significantly more than they expected and/or accept a reduction in utility.
This guy still has a crazy high target for the stock, but the point is even he sees an issue here. Just growing pains for Tesla, as they appeal to a broader and broader market, they have to make the customers feel loved at some point.