Options Expert Nic Chahine Comments On Morgan Stanley's Tesla Note: 'Anything Other Than Traditional Doors Will Intimidate Buyers'
He thinks Wall Street's perceived value for Tesla is too lofty for a car company.
“They price it like an innovative tech company, which it's not,” he told Benzinga. “A few words from [CEO] Elon [Musk] raised this flag for me a few weeks ago when he announced the location of the GIGA factory. He said that he chose the location even though there were better places that offered more financial incentives.”
Latest Ratings for TSLA
|Oct 2016||Goldman Sachs||Maintains||Neutral|
|Oct 2016||Goldman Sachs||Downgrades||Buy||Neutral|
|Sep 2016||Cowen & Co.||Initiates Coverage on||Underperform|
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