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Tesla must stop overpromising, could need more finance: analysts

November 2, 2017

Reuters -------- Tesla Inc (TSLA.O) was set to open more than 6 percent below the previous close on Thursday after it spooked investors with its biggest quarterly loss yet and a delay in production targets for its Model 3 vehicle by about three months. After a year which has seen shares in Silicon Valley star Elon Musk’s venture rise 50 percent on faith in its positioning as a major future carmaker and manufacturer, analysts expressed doubt over Musk’s communication with markets and one - Nomura’s Romit Shah - said the company could need more financing. To learn more click on the picture below to read the article.

 

 

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