Electric Car,Tesla Model S,Tesla Model X,Tesla Model 3,Supercharger,Analyst,Stock Prices,TSLA

On Friday last week, UBS analyst Colin Langam issued a note to his clients predicting that in order for California company Tesla to ensure its electric vehicles continued to sell (and that its electric vehicles were as easy to use as a gasoline vehicle) it would need to have as many Supercharger stations across the U.S. as there are gas stations.

That, he claimed, using UBS’s own in-house analytical tools, would equate to expanding the Tesla Supercharger network by 30,000 additional Superchargers, requiring Tesla to make an investment of more than $8 billion in Superchargers alone.

But while Langam may have made some astute predictions in the past on Tesla and the auto industry in general, here’s why we think he’s wrong this time.

 

 

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  • KIMS

    That’s an outrageous claim. I smell attempts to drive stocks down in order to place some heavy purchases on their part. So stupid.