Tesla Model 3 Margins Will Double, Says Bull With $4,000 Stock Target

2019-8-14 21:01

By CCN Markets: The Tesla Model 3 accounted for 81% of Tesla’s overall vehicle sales during Q2. So it is not difficult to understand why the Elon Musk-led company’s gross margin fell 168 basis points annually during the second quarter as the production of Model 3 units increased.

But asset management firm ARK Investment forecasts that […]

The post Tesla Model 3 Margins Will Double, Says Bull With $4,000 Stock Target appeared first on CCN Markets

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