Tesla cuts number of stock colors to streamline production

: 'No longer investable': One of Tesla's biggest former bulls just slashed his price target, and the stock is tumbling (TSLA)

: 'No longer investable': One of Tesla's biggest former bulls just slashed his price target, and the stock is tumbling (TSLA)

"Elon Musk's email to employees indicated Q3 would be 'the most unbelievable quarter in our history, ' VIN registrations and the Bloomberg Model 3 tracker seem to imply production is on track, and insideEVs reported the company sold approximately 23k vehicles in August".

Facing significant pressure as Tesla ramps up production on its flagship Model 3 sedan to meet projections, Musk has been involved in a number of highly publicized incidents. A profitable quarter and massive increase in production could re-focus the Tesla narrative around the company's rapid production growth and improving financial prospects.

Sacconaghi, who has been a vocal critic of Tesla in the past (he is also one of the two analysts that caught Elon Musk's ire during the now-infamous Q1 2018 earnings call), stated that whenever the company's shares dipped below $300, it became an "attractive" entry point for investors.

Daniel Sparks owns shares of Tesla.

Investors should still buy Tesla's stock in spite of all the "drama" surrounding the electric vehicle maker and its management, an analyst at Baird said after touring the company's factory.

Idlib residents urge Turkey to stave off regime attack
More than 60 air raids have taken place in southern Idlib, according to the Syrian Observatory for Human Rights. The Syrian government has been repeatedly accused of using chemical weapons in the long conflict.

Musk's recent "erratic behavior", including the online appearance and comments to the press and analysts, prompted analysts at Nomura Instinet on Tuesday to lower their recommendation to neutral from buy until they see what happens with management.

There is a waiting list of more than 400,000 people who want to buy a Tesla, and some have been waiting since March 2016, when the company first started taking orders.

On Monday, however, Tesla's stock bounced back after two positive analyst reports. He also detailed seven new management changes, which come after Tesla's chief accounting officer quit last week after just a month on the job.

Last week, Left filed a class action lawsuit that accuses Musk of securities fraud after he tweeted in August that he had "funding secured" for a plan to take Tesla private at $420 a share.

Shares of the company were down 3.5 percent at $275.56 on Tuesday. Analysts say Tesla may struggle to raise cash until the dark cloud of an SEC investigation is lifted. That strategy paid off as Tesla built a huge lead in the electric vehicle race, although that position is under assault from intense competition by rival manufacturers such as Mercedes-Benz and Ford.

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