One of Tesla's biggest bulls just turned around and trashed the company on a private call with Wall Street

In a private call with clients, Morgan Stanley analyst and Tesla perma bull Adam Jonas painted a bleak picture for the company he's been touting for so long.He also sees the company's next moves — the new Model Y, the refresh of the Models S and X — as insufficient to bring it back to good.

But on private a call with Wall Street clients on Wednesday, Jonas sounded like there was little hope that the company would go back to being the growth story he loved any time soon. Business Insider obtained a copy of the call. That would send Tesla on a road to perdition, Jonas explained. And by 2020 the company would need a massive infusion of capital or"to be seeking strategic alternatives for the company."

Could Tesla advertise to save itself? Jonas responded that the company already had great brand recognition and that advertising would be"a disturbing development."

lopezlinette Actually he called Tesla 'awesome' on the call and said that all other car companies are chasing them. $TSLA

lopezlinette Telsa is 'Smoke & Mirrors' if you think that...u crazy!!!

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

‘Godfather’ of chart analysis says Wall Street shouldn’t bet on stock-market records anytime soonProminent market technician Ralph Acampora says Wall Street needs new highs for him to be confidently bullish about the outlook for the stock markets, after...
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »

Cisco stock rises as earnings, revenue forecast top Street estimates amid tariffsCisco Systems Inc.’s stock rises in the extended session Wednesday after the networking company reports quarterly results that top Wall Street estimates and...
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »

U.S. stocks drop late in session on trade uncertaintyWall Street shares extended losses in late trade on Friday after CNBC reported t... 25,700 dow; it's all good folks. ahha time to buy.
Fonte: Reuters - 🏆 2. / 97 Leggi di più »