Company Of The Day: Tesla

by Trefis Team
-32.91%
Downside
910
Market
610
Trefis
TSLA
Tesla Motors
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What?

Tesla (NASDAQ:TSLA) is reportedly accelerating its delivery plans for its upcoming high-performance Model S Plaid vehicles, per a report from Electrek. While Tesla was previously looking at an August to September delivery timeline, the company is now looking at a June timeline.

So What?

Tesla intends to hold a Model S Plaid event on June 3 to promote the vehicle. The model is likely to be a high-margin product for Tesla, and if it is well received, this might prove positive for Tesla stock, which remains down by 30% from its January highs.

See Our Complete Analysis For Tesla

While we think Tesla stock looks overvalued, it is helpful to know how its peers stack up. Tesla Stock Comparison With Peers summarizes how TSLA compares against peers on metrics that matter. You can find more useful comparisons on Peer Comparisons.

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