NEW YORK (TheStreet) -- Tesla Motors (TSLA) - Get Report stock is climbing by 0.61% to $231.53 in mid-morning trading on Wednesday, as Credit Suisse analysts anticipate "continued outperformance" in the near-term.
The firm doesn't expect much "incremental information" to be revealed at the Model 3 launch tomorrow, beyond what the electric vehicles manufacturer has already said, Barron's reports.
However, the "real catalyst" from the Model 3's unveiling will be initial demand for the car, which will likely be a "positive surprise," Credit Suisse contended.
Paired with other potential positive catalysts such as "continued evidence that Model X is ramping, a likely onslaught of positive Model X reviews, and our belief that Tesla will meet Q1 delivery guidance," Tesla's near-term risk/reward "remains positive," the firm added, Barron's notes.
Separately, TheStreet Ratings team rates the stock as a "sell" with a ratings score of D+.
Tesla Motors's weaknesses include its deteriorating net income, generally high debt management risk, disappointing return on equity, poor profit margins and feeble growth in its earnings per share.
You can view the full analysis from the report here: TSLA
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.