Tesla is taking big investors for a joy ride in the Model 3
Tesla is inviting institutional investors to take a joy ride in the Model 3 this weekend.
An invitation, which was viewed by CNBC, was sent to clients and prospective clients of UBS. It says drivers at the closed-door event will be accompanied by Tesla representatives and barred from taking photos or videos.
The event will take place at Tesla's Red Hook showroom and service center on Saturday. A Tesla spokesperson didn't respond to a request for comment.
Earlier this week, Tesla also hosted Wall Street analysts at various events. Teams from RBC Capital Markets and Goldman Sachs, for example, were permitted to drive the Model 3 (at least for a few blocks) accompanied by representatives from Tesla investor relations...
https://www.cnbc.com/2017/11/10/tesla-i ... -ride.html
In "production" for over four months, and TSLA still couldn't find two screwed together right?
I shudder to think what the other ~400 model 3 prototypes must look like...
Bernstein analyst finds Tesla Model 3’s fit and finish ‘relatively poor’ after test drive
A real-life Model 3 demonstration did not alter one Wall Street analyst's skeptical view of Tesla.
"We had the opportunity to see and test drive the Model 3 at Tesla's showroom in Red Hook Brooklyn, NY … Fit and finish on the two demo cars we saw – perhaps not surprisingly – was relatively poor," Bernstein analyst Toni Sacconaghi wrote in a note to clients Friday...
"Our inspection revealed widespread shortcomings in fit and finish ... Tesla representatives acknowledged some of the fit issues, but stated that they believed that Model 3 was much further ahead than where Model X and S had been at this point in production," he wrote.
"We do find the statements credible, we can't help noting that Tesla likely chose to share with us its highest quality/best assembled units, so issues on other cars may be even more pronounced."...
https://www.cnbc.com/2017/11/10/bernste ... drive.html