Tesla downgraded to sell by CFRA, which predicts Model 3 production rate is not 'sustainable'
https://www.cnbc.com/2018/07/02/tesla-drops-after-analyst-says-its-production-rate-is-not-sustainable.html
CFRA Research does not believe Tesla will be able to maintain its Model 3 production rate over the short term.
The firm lowered its rating to sell from hold for Tesla shares, citing the stock’s valuation.
Tesla downgraded to sell by CFRA, which predicts Model 3 production rate is not 'sustainable'
Jul 2, 2018, 5:42pm UTC
https://www.cnbc.com/2018/07/02/tesla-drops-after-analyst-says-its-production-rate-is-not-sustainable.html
> CFRA Research does not believe Tesla will be able to maintain its Model 3 production rate over the short term.
> The firm lowered its rating to sell from hold for Tesla shares, citing the stock’s valuation.