Tesla's Semi and Roadster impress, but 'production hell' raises doubts about follow-through
Elon Musk’s reveal of Tesla Inc.’s electric Semi truck and Roadster sports car helped push Tesla’s stock up nearly 4%, but some analysts remained skeptical of the company’s ability to deliver on its promises. Heading into Thursday’s event, Cowen analyst Jeffrey Osborne said, many investors hoped to hear about the electric automaker’s ability to emerge from the “production hell” delays engulfing its Model 3 compact sedan. But Thursday’s event “offered no new nuggets of information to ease these investor concerns,” Osborne said. “In fact, [it] raised more questions than answers."
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