Tesla's (TSLA) Model S Recall Seen as 'non-Event' by Global Equities
Get Alerts TSLA Hot Sheet
Price: $170.18 +4.97%
Rating Summary:
23 Buy, 27 Hold, 13 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
Rating Summary:
23 Buy, 27 Hold, 13 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
Join SI Premium – FREE
Global Equities Research sees the recent Model S recall by Tesla Motors (Nasdaq: TSLA) as a non-event.
Analyst Trip Chowdhry said his team observed four Tesla Service Centers over the last few days and noted the following:
- Not a single car has been affected so far
- It takes about a total of 15 minutes in total - Car entering the Service Station, getting it checked and leaving the Service Station
- Model S recall is a complete non-event and should not be a reason of concern
Global Equities Research rates Tesla at Overweight with a price target of $385.
For an analyst ratings summary and ratings history on Tesla Motors click here. For more ratings news on Tesla Motors click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Tesla (TSLA) pivoting back towards cheap EV cars 'raises more questions' - Deutsche Bank
- Active options: TSLA META NVDA MSFT AMZN GOOGL AAPL AMD SNAP
- Keurig Dr Pepper (KDP) PT Raised to $39 at Jefferies
Create E-mail Alert Related Categories
Analyst Comments, Trader TalkRelated Entities
Tesla, Trip ChowdhrySign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!