Tesla is in the midst of a chaotic time ahead of its Model Y unveiling.
. Currently, there is no backlog for Model 3 delivery in the US, with an estimated delivery time for the $35,000 vehicle ranging from six to eight weeks, according to Tesla's website.
To be clear, Johnson is the biggest Tesla bear on Wall Street, according to analysts surveyed by Bloomberg, with a $72 price target on the stock that implies around a 75% drop from current levels. "At a high level, a number of recent events at the company are raising questions in the minds of investors … including statements by Elon Musk and changes in key senior management … now the decision to close stores and moves to continue to reduce headcount," a team of analysts led by Adam Jonas wrote in a note to investors., set for release on Thursday, could"further weigh on Model 3 demand as consumers decide to wait a little longer to purchase a Tesla crossover vehicle.
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