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Stock impact report

Tesla needs 'seasoned' operator to take on execution hurdles: Analyst [CNBC]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: CNBC
show chapters Tesla needs to consider adding a really seasoned operator to manage the mass-market manufacturer, Consumer Edge Research's James Albertine told CNBC on Friday. They need to prove that there's true independent, sort of, checks and balances between the board and senior management, the senior analyst said on Power Lunch. Albertine, who is equal weight on the stock, commended CEO Elon Musk for making his mark in the automotive industry with his electric car company. But Tesla needs a different skill set to build 500,000 units a year and expand into China , he contended. There are significant execution hurdles ahead, Albertine added. Musk's leadership skills have come into question ever since he started acting erratically months ago. Most notably, he found himself in trouble with the SEC when he tweeted about taking the company private. He also appeared to smoke pot on a podcast. Albertine said Tesla has to continue to progress Show less Read more
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