Tesla critic Citron Research makes U-turn ahead of results, says Model 3 sedan is "proven hit"

Chief Executive Elon Musk has promised a Model 3 ramp-up will help make Tesla profitable in the quarter, and has said the automaker should not have to sell more shares to raise cash. But a number of Wall Street analysts say the ramp-up, added to other production promises and debt obligations, make some sort of capital raise likely. 

Tesla critic Citron Research makes U-turn ahead of
Tesla announced record quarterly car production earlier this month but warned of major problems with selling cars in China due to new tariffs. Image source: Reuters

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