Tesla $TSLA has a high valuation, but I see other issues that raises my "red flag" eyebrows. * Monday March 19th, Goldman Sachs reiterates its Sell rating with a $205 price target. 'Stock currently at $315'. The usual suspect gets mentioned by Goldman: "deliveries will prove disappointing". Goldman says. "Further, while monthly Model 3 deliveries are showing sequential improvement, we estimate that they will fall well short of consensus expectations." * March 14th, CNBC reports that current Tesla engineers have said the automaker is having manufacturing issues. That the company has a high level of flawed parts, leading to rework and repairs. In the CNBC report, a current "Tesla engineer estimated that 40 percent of the parts made or received at its Fremont factory require rework." Another Tesla employee said the parts' defect rate is so high that it is hard to hit production targets and this is hurting employee morale. * March 14th, Tesla's Treasurer and VP of Finance is reported to be leaving for another company.* March 7th, Chief Accounting Officer Eric Branderiz leaves Tesla for "personal reasons." Tesla has analysts also defending it and downplaying the production issues at the company. But, concerns have been raised and it is important to watch out for them. News from employees (even if disgruntled) have told about what could be some serious issues. I do not like seeing high ranking people leave a company either. To me, the valuation of Tesla is way to high considering the risks and hints that things are not "right." $TSLA, Tesla, Inc. / H1 Disclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal. If you liked this article, please click the LIKE (thumbs up) button. Feel free to leave any comments, question, or opinions. Follow us and check back occasionally for additional articles or posts.