Tesla Battery Day: Look Out for the Devil in the Details, Suggests Analyst

Tesla’s (TSLA) highly anticipated Battery Day is finally upon us and the excitement is palpable on Wall Street. After market close today, Tesla will host the long-delayed event and looking ahead to the shenanigans, Canaccord analyst Jed Dorsheimer expects there will be “a plenty for everyone.”Expounding on this, the analyst said, “Bulls are likely to highlight a 1-million-mile battery or perhaps the CO2 light supply deals. Bears will highlight that TSLA promotions typically fail to materialize, a valid concern, and a shift towards more difficult milestones (SEMI, CyberTruck, and competition). Our take? We think the day will be a trove …read more

Source:: Yahoo Finance

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