A Wall Street analyst just toured the Tesla factory, and says the SEC’s settlement with Elon Musk is overshadowing beefed-up Model 3 production (TSLA)

Tesla FactoryBenjamin Zhang/Business Insider

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The US Securities and Exchange Commission’s lawsuit against and subsequent settlement with Elon Musk is overshadowing solid progress at Tesla’s California factory, according to one Wall Street analyst who recently toured the production plant.

Romit Shah, an analyst for Nomura Instinet, said his visit to the Fremont assembly lines — including the main building as well as the additional factory tent erected to meet Model 3 goals — was positive reinforcement that the company’s fundamentals were improving.

See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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