Tesla: Elevated Re-Rating Risk (Archive)
Tesla’s energy arm now underpins upside, but auto margin risks still loom large.
This 5-Minute Pitch was originally published on Seeking Alpha before the launch of the Hunting Alphas website. It is shared here to showcase my previous work and track record. New 5-Minute Pitches published on this site will not be disseminated anywhere else.
Elevator Pitch
- My previous sell view on Tesla, Inc. has been playing out.
- Management's margin outlook is unreliable.
- Recent price hikes in the premium models don't offset continued price cuts overall.
- The energy business will grow exponentially.
- I believe materially visible traction in Tesla's energy business increases the chance of a re-rating; changing my stance from a "sell" to a "hold."
Read the full article here.
Disclosures and Disclaimers
Past performance ≠ future results. Not investment advice. See full Disclaimer.
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