Economics
Tesla's Lack of ‘One More Thing’ Moment Underwhelms Wall Street
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The string of disappointments for Tesla Inc. investors continued after the much-anticipated Model Y unveil was largely found to be underwhelming.
Tesla did announce what it promised. A crossover vehicle that is largely similar to the Model 3, so it allows the company to keep a lid on the price. Production, as expected, will not begin until 2020, which some say might get pushed out to 2021. Yet, the market was expecting more - a “one more thing” moment - a la Apple Inc’s Steve Jobs.