JP Morgan is not optimistic about Tesla: BMW Audis competition is threatening.

category:Internet
 JP Morgan is not optimistic about Tesla: BMW Audis competition is threatening.


NetEase news April 21st news, according to CNBC website, Wall Street well-known investment bank Morgan chase (J.P.Morgan, the industry called small friction), because of the intensified competition from the German auto manufacturers, Teslas electric car sales will be affected. The company reiterated the Underweight rating for Teslas stock, on the grounds that Mercedes Benz (Mercedes-Benz), BMW (BMW) and Audi (Audi) are all planning to launch electric cars. So far, Tesla faces relatively little competition in the luxury electric car market, so we think consumers have been willing to make some concessions to the manufacturers in the aftermarket service and the quality of the car, Morgan, an analyst at J.P. Morgan, wrote in a clients study on Friday. . But when a well-known car brand, which has a high reputation for service and quality, has launched a similar high - range electric vehicle with similar prices, we believe that this is a major adverse wind for Tesla. In the regular trading on NASDAQ on Friday, Tesla shares closed at $290.24, down 3.3% from the previous trading day. The analyst said Mercedes, owner of Mercedes Benz (Daimler), has said that it will launch 10 battery powered electric cars by 2022. He also mentioned that Audi is also preparing to launch electric vehicles. We met with Audi executives, the most offensive auto maker, the first to launch a 500 kilometer (95 kwh battery pack) E-Tron electric car for the first time, between Q5 and Q7, with a price of 80 thousand euros (about 10), he wrote in his research report. Ten thousand dollars). This kind of mileage, size and price seems to be aimed at Tesla ModelX. Brinkmann reiterated that he gave Tesla shares a target price of US $185, which means the price of Tesla shares fell by 38% compared with Thursdays closing price. Tesla did not immediately respond to requests for comment. According to the news released by Tesla website, the company will announce its first quarter performance report in May 2nd. (Liu Chun) source: NetEase science and technology report editor: Zhang Zutao _NT5054 Brinkmann reiterated that he gave Tesla shares a target price of US $185, which means the price of Tesla shares fell by 38% compared with Thursdays closing price. According to the news released by Tesla website, the company will announce its first quarter performance report in May 2nd. (Liu Chun)