UPDATE: Tesla Motors; (TSLA) Musk: 'We're Production Limited, Not Demand Limited' - CNBC
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(Updated - November 13, 2012 12:13 PM EST)
Tesla Motors (NASDAQ: TSLA) shares are ticking higher as CEO Elon Musk speaks on CNBC. In part, Musk commented that Tesla is "production limited, not demand limited."
UPDATE - Musk also commented that he was "very confident" on FY13 targets and Motor Trend selected the Model S as its "Car of the Year."
The Motor Trend designation comes following a similar award from AUTOMOBILE Magazine earlier in November. Click here for more color.
Shares are up 2.5 percent Tuesday.
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Tesla Motors (NASDAQ: TSLA) shares are ticking higher as CEO Elon Musk speaks on CNBC. In part, Musk commented that Tesla is "production limited, not demand limited."
UPDATE - Musk also commented that he was "very confident" on FY13 targets and Motor Trend selected the Model S as its "Car of the Year."
The Motor Trend designation comes following a similar award from AUTOMOBILE Magazine earlier in November. Click here for more color.
Shares are up 2.5 percent Tuesday.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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