Demand Question: Vehicles Week and Analysts

demand question: The Silicon Valley car maker appears to have abandoned the target of producing 10,000 vehicles a week at its Fremont, Calif., factory, the ISI Evercore analysts said, according to Market Watch. It guided instead to 7,000 vehicles a week by the end of the year and pushing the 10,000 goal sometime between fourth-quarter 2019 and second-quarter 2020 through a combined output from the Fremont plant and its Shanghai plant under construction, 7,000 units and 3,000 units respectively, they said. Tesla TSLA, 1.69% reported mixed quarterly results but showed it was leaving intensive care and as usual offering something for bulls and bears, analysts at ISI Evercore said in a note Thursday. Analysts at Goldman Sachs also focused on the demand question. At the low end, the guidance assumes no improvement from fourth quarter's delivery rate, as well as softer comments on Model S/X volumes heading into 2019, they said. The phasing-out of U.S. tax credits and the likely air pocket of demand beginning in the first quarter was apparent in the company's 2019 vehicle guidance, the Goldman analysts said. (news.financializer.com). As reported in the news.