We are leaving our U.S. autos coverage fair value estimates in place, because the tariff will face major pushback from lawmakers.
We are giving Tesla the benefit of the doubt and maintaining our fair value estimate.
Its autonomous vehicle plan has potential, but we're not changing our valuation yet.
The carmaker is closing all stores to sell the $35,000 Model 3.
We're not planning to change our fair value estimate for the no-moat firm.
Tesla's results were slightly ahead of expectations and we still see shares as overvalued.
Elon Musk's plan to slim the workforce to drive down the price of the Model 3 is sensible, and our fair value estimate is unchanged.