Tesla Motors may not meet its Model 3 production goals, but that probably won't impact its stock much, Oppenheimer senior analyst Colin Rusch told CNBC on Monday.
"There's always been a lot of enthusiasm around the stock," Rusch said on "Squawk Alley." "And I think the press management and the public discourse management has really been around showing progress, not necessarily hitting all of the benchmarks."
Rusch spoke after Tesla CEO Elon Musk said Monday on Twitter that the company's first mass-market car, the Model 3, will start production Friday, two weeks earlier than planned.
The electric vehicle is expected to be priced around $35,000 but with a federal electric car tax credit, it could cost less.