Gordon Johnson Tesla Q3
Glr research has a 19 post split price target for tsla stock the lowest on wall st.
Gordon johnson tesla q3. Gordon johnson has a sell rating on tesla with a 40 price target. Tesla the stock markets most valuable car company sold 139300 cars in the third quarter. Gordon is the guy who has consistently said that teslas going down and hes now saying its going to go down to 70 a share dobbs then asked why tesla stock was trading around 700 a share.
On the other hand tesla saw a document in both distributions and also manufacturing numbers in q3 with 139593 cars and trucks provided and also 145036 generated. Surprisingly johnson keeps that teslas sales are decreasing although they provided about 54000 a lot more cars and trucks in q3 than in q2. Tsla is set to witness a quarter over quarter drop in the volume of cars sold in the fourth quarter according to glj researchs gordon johnson.
Excluding one time taxpayer funded credit sales teslas gaap net income was negative for. Johnson an analyst from vertical research group and an outspoken tesla bear issued an apology to his companys clients on wednesday after he published a note containing inaccurate. Tsla is set to witness a quarter over quarter drop in the volume of cars sold in the fourth quarter according to glj researchs gordon johnsonjohnson on teslas european.
The stock rose about 3 after hours as the company beat expectations on eps and revenue and reported its fifth consecutive quarter. Johnson on teslas european. Meanwhile tesla saw a record in both deliveries and production figures in q3 with 139593 cars delivered and 145036 produced.
Interestingly johnson maintains that teslas sales are declining. Tesla is currently valued at 15 times sales said gordon johnson at the glj research. So i think the reason why tesla is there is because you have a lot of optimism in the chinese retail space.