(Bloomberg) — The recent rally in Tesla Inc. shares after the company reported record quarterly deliveries shows that investors are growing more optimistic on the company as it proves it can walk the walk, according to analysts.The electric carmaker’s fourth quarter deliveries of 112,000 units topped Street expectations, defying skeptics by hitting its 2019 delivery guidance. Tesla delivered 367,500 vehicles total in 2019, beating the low end of its forecast for at least 360,000.Shares in Tesla rose as much as 5.5% on Friday. Still, the upbeat delivery numbers haven’t been enough to encourage some analysts to turn bullish on the …read more
Source:: Yahoo Finance
