As noted earlier today by Ben in this space, Tesla (TSLA) shares got a boost from founder Elon Musk having tweeted something mysterious about the letter “D.”
Global Equities Research‘s Trip Chowdhry, who Ben noted on Monday opined that a four-wheel drive model of the “Model S” sedan may be introduced within the next three months, today returns with more Tesla prognostications.
Writes Chowdhry, three new unveilings can be expected from Tesla on October 9th, next Thursday.
He contends a “mass market” car, the “Model 3,” will be unveiled, citing as reasons:
We also know, Franz, Tesla Chief Designer, spends almost 90% of his time in LA Design Center; Now we know that Tesla’s Oct’9 Event is being held at Tesla’s LA Design Center and “NOT” in Palo Alto or Fremont; There are still 3 potential investors in GigaFactory – LG Chem, Sanyo and Apple – and investment from these entities will be easier, if TSLA can show the mass market car Model 3, that will need the GigaFactory; All the above data points taken together, indicates that it is very likely that Tesla will unveil the Model 3, the mass market Tesla car.
In addition, Chowdhry anticipates the all-wheel drive Model S, noting “we have seen this car on HWY 92 and have also spoken to the Driver.”
And lastly, Model S will add what’s known as “semi-autonomous driver-assistance system,” or SADAS, which, he contends, will use cameras from sensor maker MobileEye (MBLY).
Tesla shares today rose $3.79, or 1.5%, to close at $255.21. MobileEye stock rose $2.70, almost 5%, today, to close at $57.70.
Update: In related news, Bloomberg‘s Ian King and Keith Naughton this evening write that the October 9th event will feature Tesla’s “first foray toward automated driving with a suite of new high-tech features,” citing an unnamed source.
No comments:
Post a Comment