Market Overview

Options Expert Nic Chahine Comments On Morgan Stanley's Tesla Note: 'Anything Other Than Traditional Doors Will Intimidate Buyers'

Related TSLA
Fatalities Will Decline With Autonomous Vehicles, Gene Munster Says After Uber Incident
KeyBanc: The Tesla Model 3 Is Fast And Elegant, But Maybe Too Simple
Facebook, Uber, And Tesla (Seeking Alpha)

Speaking exclusively to Benzinga, Marketfy options expert Nic Chahine said he is bearish on Tesla (NASDAQ: TSLA), but not because of the falcon doors.

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

Feb 2018Citic SecuritiesInitiates Coverage OnBuy
Oct 2017Evercore ISI GroupDowngradesOutperformIn-Line
Oct 2017Morgan StanleyMaintainsEqual-WeightEqual-Weight

View More Analyst Ratings for TSLA
View the Latest Analyst Ratings

Posted-In: MarketfyAnalyst Color News Analyst Ratings


Related Articles (TSLA)

View Comments and Join the Discussion!