Tesla could rally close to 40%, but it may not be a purchase: analyst

Analysts like or hate Tesla.

Gina Sanchez, CEO of Chantico Global, said Monday that the fundamentals of the company also allowed for a bumpy road.

"It's going to be a challenge," Sanchez told "Trading Nation". "You plan to reduce shipments estimates, delivery concerns, demand and margins – this $ 35,000 price for Model 3 is a concern that they can not reduce their costs enough to really produce a price margin ".

Similar to Sanchez's concerns, the downside expectations of RBC badysts were related to issues related to deliveries and the impact on revenues and margins.

"Those are doing nothing.Tesla is still being judged as to whether she can execute or not, and it is clear that the jury is still absent," Sanchez said.