DOW JONES21,636.78-915.39 -4.06%
S&P 5002,541.47-88.60 -3.37%
NASDAQ7,502.38-295.16 -3.79%

UPDATE: B of A Securities Upgrades Tesla to Neutral, Raises PT to $500 Views Co. 'as a trailblazer in the electric vehicle market, and believe the company could be successful as demand for EVs increases over time' But Also Cites 4 Potential Risk Factors:

1) 'ongoing/future production challenges'  2) 'spike/ burnout pattern for new models' 3) 'continued losses/cash burn from low production/deliveries, elevated cost, & new facility

Benzinga · 03/18/2020 15:38

1) 'ongoing/future production challenges' 

2) 'spike/ burnout pattern for new models'

3) 'continued losses/cash burn from low production/deliveries, elevated cost, & new facility construction'

4) 'the prospect of new competition and technology/model obsolescence'