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7 Reasons the Tesla Model Y Disappoints Investors

Published by Yahoo on Wed, 20 Mar 2019


Tesla (ticker: TSLA) investors didn't get the reaction they wanted from the market following the highly anticipated unveiling of the Model Y, Tesla's new SUV starting at $39,000. Tesla stock finished Monday's session under $270, its lowest closing price this year. The stock is down 22.3 percent in the past three months, and it seems Wall Street isn't expecting much help from TSLA's Model Y. Several analysts and experts, including former Kase Capital Management hedge fund manager Whitney Tilson, say the Model Y event wasn't good for Tesla.
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