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Here's What Kelley Blue Book Has To Say About Tesla's Earnings Report

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Speaking to Benzinga, Kelley Blue Book Senior Analyst Karl Brauer said that he believes Tesla Motors Inc's (NASDAQ: TSLA) CEO Elon Musk will be under greater pressure to deliver results in 2015 to achieve a delivery target of 55,000 vehicles.

"That number could theoretically happen, if Tesla can solve all of its challenges in China and fully leverage that market while simultaneously experiencing a perfect launch of the Model X," Brauer told Benzinga. "This also assumes the Model X doesn't negatively impact Model S demand, which is inevitable to some degree and could be substantial given the current popularity of SUVs versus sedans."

Brauer also notes that Tesla' performance has been within the "margin of error" over the past few quarters and that 2015 will be a "defining year" for the automaker with a new model launch and an increasing reliance on international markets.

Latest Ratings for TSLA

DateFirmActionFromTo
Dec 2019MaintainsBuy
Dec 2019MaintainsEqual-Weight
Dec 2019MaintainsSell

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