> Tesla Inc. will probably miss its 2019 delivery target range as the U.S. electric-car maker’s sales shrink in China amid a trade war between the two countries, according to Loup Ventures co-founder Gene Munster. > Munster cut his estimate for Tesla’s full-year global car sales by about 10% to 310,000 vehicles, versus the minimum 360,000-unit target the manufacturer set in March, the analyst wrote Thursday in a report. He also slashed his estimate for China’s share of the company’s deliveries by half. > “We are lowering our numbers as a precautionary measure related to two unknowns,” including China’s probable imposition of tariffs on Tesla car imports as well as other impediments such as new regulations on sales or a potential consumer boycott of U.S. goods, Munster said. Loup’s pessimism on the import fees is a “minority view,” discounting most investors’ view that Tesla will remain exempt because of its investment in a Chinese battery factory, he said.
> Morgan Stanley analyst Adam Jonas, who earlier this week said that Tesla stock could plunge to as low as $10 in a worst-case scenario, held a private call with investors Wednesday in which he said the company is “seen more as a distressed credit and restructuring story.”
>misses on rev by 0.47M >tanks hard Im gonna buy some.
Lucas Walker
Who /goldnsilver/ here?
Levi Evans
Got myself into a new position recently.
Let's talk about $VRUS
Someone tell me the obvious thing I'm missing that makes this a scam.
It trades at $0.01 but; >It has millions of dollars in revenue, audited by a seemingly legit company >It has received a non-dillutive loan from a bank for $600k >It has a million dollars from a private investor (Andrew Garnock, apparently famous for investing in $CRON before it mooned) >0 toxic financing
I don't get it, why is this fucking thing trading at $0.01?
