Cybercab floods the screens, Berlin factory output hits a new high! Behind the buzz around Tesla (TSLA.US), Phillip still sees 38% downside

Zhitong Finance APP has learned that Tesla (TSLA.US), after a series of events including the intensive appearance of the Cybercab at the Austin F1 track, a production milestone at its Berlin factory, and new details leaking about the Roadster, rose nearly 1% in pre-market trading on Monday. However, Phillip Securities remains pessimistic about its valuation. Tesla closed down 0.6% at $372.22 last Friday, but gained 5% for the full week, its strongest weekly performance since the end of August.