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Tesla Sinks After Analysts Are Underwhelmed With The Model Y

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Tesla Sinks After Analysts Are Underwhelmed With The Model Y

Tesla Sinks After Analysts Are Underwhelmed With The Model Y

According to Business Insider, Tesla shares fell as much as 5% Friday as Wall Street analysts were underwhelmed by the electric-car maker's unveiling of its Model Y SUV.

Some analysts were concerned that the Model Y could claw demand away from the Model 3.

Emmanuel Rosner, an analyst at Deutsche Bank, said in a note to clients on Friday, “Overall, we found the event somewhat underwhelming with no major surprises.

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Tesla Sinks After Analysts Are Underwhelmed With The Model Y

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