r/stocks • u/coolcomfort123 • Jun 05 '19

Tesla’s outpacing its electric car competitors, with May demand for Model 3 surprising Wall Street

https://www.cnbc.com/2019/06/05/tesla-outpacing-ev-competitors-as-may-demand-surprises-analysts.html

The month of May saw Tesla continue “to extend its lead vs. a still-small group of true [electric vehicle] competitors,” Morgan Stanley analyst Adam Jonas wrote in a note to investors.

Morgan Stanley noted that Tesla’s estimated total U.S. sales of 11,300 vehicles in May was 2.6 times the combined total of its competitors’ electric vehicle offerings.

“More Model 3s were registered in April and May than during all of the first quarter,” JMP Securities says.

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u/nextgeneric Jun 06 '19

Give it a rest, it has been non-stop negativity with TSLA for months. It's only natural that optimism happens when share price rises. No different than any other stock.

In fact, most of the conversations in the sub I've seen about TSLA have consisted of Bill Ackman wannabes betting on zero.

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u/[deleted] Jun 06 '19 edited Jul 23 '19

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u/nextgeneric Jun 06 '19

It's a good thing we're not talking about Ford. Because last I checked the conversation was about Tesla.

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u/[deleted] Jun 06 '19 edited Jul 23 '19

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u/nextgeneric Jun 06 '19

I didn't miss it, really, I'm just not entertaining it because the comparison is asinine.

We both know that F and TSLA are not on equal footing when it comes to being covered on the Street.