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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (21254)	8/24/2018 7:56:22 AM
From: John Pitera	Respond to of 33421

UBS not dazzled by Tesla teardown Aug. 23, 2018 10:53 AM ET\|By: Clark Schultz, SA News Editor UBS says the results of its teardown of a Tesla (NASDAQ: TSLA) Model 3 assembled in 2017 were disappointing for a $49K car. "Our teardown experts noted numerous Model 3 quality issues including *inconsistent gaps & flushness throughout the car, missing bolts, loose tolerances, and uneven & misaligned spot welds," writes analyst Colin Langan. The UBS warning follows a separate report from Business Insider on customer complaints of quality and service issues, which is a break from the high marks Tesla has been earning from Consumer Reports on the customer satisfaction end. While UBS has a Sell rating on Tesla, it has also highlighted the "next-gen, military-grade tech" that puts the company years ahead of its peers. The sticking point for UBS is the lower margins on the Model 3 than anticipated.* Shares of Tesla are up 0.94% on the day and are 6.0% higher for the week. seekingalpha.com