In addition to removing the two colors, Tesla also made a decision to raise prices on two other paint options, Pearl White Multi-Coat and Red Multi-Coat.
Tesla has struggled to make the change from small-production luxury vehicle brand to a full-fledged mass-market automaker.
But Sacconaghi said the company remained on track to meet key auto manufacturing targets in the third quarter and predicted shares would return to their historic range as the aborted go-private campaign becomes a more distant memory.More news: How to Listen to Eminem's Diss Track Response to MGK - "Killshot"
A Tesla spokesperson further told the news outlet that this dropping of options happened occasionally and it could also include price adjustments. Tesla is even more conservative on its website, which says the base model will be available in four to seven months.
More than 400,000 people are on a waiting list to buy a Tesla; some have been waiting since March 2016, when the company first started taking orders.
The stock closed up 8.5 percent on Monday after two brokerages said the company could meet its production targets for the second half of the year.
Tesla shares bounced Monday following an upbeat analyst note that suggested worries about chief executive Elon Musk and his various controversies were exaggerated. The Tesla CEO has engaged in a public war of words with short-sellers, accused a British diver involved in the cave rescue of a Thai youth soccer team of being a "pedo" and appeared to smoke marijuana during an appearance on comedian Joe Rogan's podcast.More news: 150 people awaiting rescue in New Bern, NC
The latest tweet follows a chaotic week for the carmaker after Musk was filmed smoking marijuana and wielding a sword on a live show, and a tumultuous August during which he proposed and then abruptly pulled the plug on a go-private deal for the company.
Tesla has potential to grow revenue and post substantial profits because it is vertically integrated, making its own batteries and many of its parts, Shah wrote.
"While negative headlines around management turnover and executive leadership could be an overhang, we are labeling TSLA a "Fresh Pick" as we believe strong fundamentals should drive shares higher", the Baird analysts Ben Kallo and David Katter said.
Tesla did not immediately comment Tuesday on the Nomura note.More news: Trudeau disappointed with Ford's constitutional override, but won't intervene