Elon Musk’s reveal of Tesla Inc.’s electric Semi truck and Roadster sports car Thursday night helped push Tesla’s stock up nearly 4% early Friday, but some analysts remained skeptical of the company’s ability to deliver on its promises.

Heading into Thursday’s event, Cowen analyst Jeffrey Osborne said, many investors hoped to hear about the electric automaker’s ability to emerge from the “production hell” delays engulfing its Model 3 compact sedan.

But Thursday’s event “offered no new nuggets of information to ease these investor concerns,” Osborne said. “In fact, [it] raised more questions than answers.”

When Musk launched the Model 3 — Tesla’s first mass-market product — in July, the company was anticipating a production rate of 20,000 Model 3s a month by the end of December. In the three months through September, though, Tesla produced only 260 Model 3s — about three cars a day. That’s well behind a normal auto-industry production pace of about one car per minute.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>