Tesla Has Reportedly Started Delivering Model X Signature Series Vehicles
Trip Chowdhry of Global Equities Research stated in an e-mail to customers that Tesla Motors Inc (NASDAQ: TSLA) has begun delivering its new Model X Signature SUV to customers.
Chowdhry noted that Tesla is also ramping up production of the Model X Signature SUV as production levels have reached more than 100 vehicles per week. The analyst added that the Model X's seats are "remarkably improved" when compared to the Model S sedan.
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Chowdhry also pointed out that Tesla began manufacturing its seats in-house after firing its seat supplier, Futuris.
Shares of Tesla were trading at $233.69 as of 11:00 a.m. ET, up 1.4 percent on the day.
Latest Ratings for TSLA
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Feb 2022 | Daiwa Capital | Upgrades | Neutral | Outperform |
| Feb 2022 | Piper Sandler | Maintains | Overweight | |
| Jan 2022 | Credit Suisse | Upgrades | Neutral | Outperform |
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