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12 Catalysts To Move Tesla Higher

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12 Catalysts To Move Tesla Higher
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Trip Chowdhry of Global Equities Research listed 12 catalysts that could drive Tesla Motors Inc (NASDAQ: TSLA) shares higher during 2016.

Chowdhry categorized the catalysts across Tesla's five business units, counting Model S, X, 3 and E as catalysts for Tesla Motors. For Tesla Energy, the analyst named Gigafactory, PowerWall and PowerPack.

Tesla stores are expected to drive Tesla retail, with the Super Charging Network driving Tesla network, and Deep Learning, AutoPilot, Auto Apps, Tesla Cloud-based Supply¬Chain¬as¬a¬Service driving Tesla software.

During 1H2016, Chowdhry expects the stock to benefit from the production ramp of Model X to 1,000 auto units. The analyst also expects demand to outpace supply.

While the Model 3 reveal is expected on March 31, 2016, the inauguration of Gigafactory is likely in late April, with the production of both in¬motion and stationary batteries being launched.

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The year is also expected to be marked by more Tesla store and Super Chargers openings, while software updates are likely to focus on enhancing AutoPilot features.

During 2H2016, the company is likely to ramp PowerWall and PowerPack production, which Chowdhry expects to contribute $500–$600 million to the 2H revenues.

The crossover variant of Model 3, Model E, is scheduled to be revealed in October 2016. In addition, the company will provide a public preview of its cloud-based Supply¬Chain¬as¬a¬Service, its "next generation of cloud¬based Supply Chain Software, built with cloud¬native architecture."

The Gigafactory is also expected to add more lithium suppliers during 2H, while further software updates for AutoPilot, store opening and Super Chargers opening are also expected.

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Latest Ratings for TSLA

DateFirmActionFromTo
Jan 2017GuggenheimInitiates Coverage OnBuy
Oct 2016Goldman SachsMaintainsNeutral
Oct 2016Goldman SachsDowngradesBuyNeutral

View More Analyst Ratings for TSLA
View the Latest Analyst Ratings

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