Oh-kay. I'll be the first to admit I didn't think that Tesla's Model S would explode out of the gate the way it did. I don't mind eating crow now and then.
Now, the BIG question is whether or not the Model X will do as well.
According to one of the bulge bracket investment banks, there's no question the X will do well. In fact, Morgan Stanley has gone on the record and is claiming that the X is "ready to feast," and that it will blow away even Model S sales.
As of now there is absolutely no significant evidence that this product will be a great one unless, of course, you as a HUGE believer in Elon Musk and think that his leadership will birth yet another landmark vehicle.
So, who's side are YOU on? Will the all-new Tesla Model X be a sport-utility vehicle HIT or MISS?
Tesla's Model X crossover electric car is going to outsell the company's Model S sedan, and is "ready to feast" upon an unsuspecting premium SUV marketplace, says the financial firm Morgan Stanley.A report this week stated that the much-anticipated, much-delayed X -- not due to be in Tesla stores until the middle of next year -- will be a better car and will deliver better sales to the Palo Alto-based automaker.
The value of Tesla stock, thus, should be about $320, well above its current $250, making Tesla "our top pick in US autos."
Read Article