Yesterday, 18/12/2019 Tesla stock hit a new all-time high. This time, shares appear to be at all time high because:
- Mercedes-Benz, are stumbling to bring out competing EV products: Daimler (ticker: DIA.Germany) is delaying deliveries of its first EV for the U.S. market—a sport-utility vehicle called the Mercedes-Benz EQC 400. The vehicle was first delayed back in February. “Now the vehicle is not expected to be delivered to U.S. customers until 2021,” wrote Deutsche Bank analyst Emmanuel Rosner in a Tuesday research report. He also points out that high-end EVs such as the Jaguar I-Pace and the Audi e-tron have “severely underperformed expectations” in 2019, selling only 2,418 and 4,623 units, respectively, year to date through November.
- Suisse analyst “Dan Levy” goes tiny bit bullish
- Tesla To Cut Made-In-China Price By Over 20%
- Among other wonderful news…