One of Tesla's biggest bulls just turned around and trashed the company on a private call with Wall Street by lopezlinette
In a private call with clients, Morgan Stanley analyst and Tesla perma bull Adam Jonas painted a bleak picture for the company he's been touting for so long.He also sees the company's next moves — the new Model Y, the refresh of the Models S and X — as insufficient to bring it back to good.
But on private a call with Wall Street clients on Wednesday, Jonas sounded like there was little hope that the company would go back to being the growth story he loved any time soon. Business Insider obtained a copy of the call. That would send Tesla on a road to perdition, Jonas explained. And by 2020 the company would need a massive infusion of capital or"to be seeking strategic alternatives for the company."
Could Tesla advertise to save itself? Jonas responded that the company already had great brand recognition and that advertising would be"a disturbing development."
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