Tesla (TSLA) Unveils New Battery-Swapping System
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June 25, 2013 11:39 AM EDT
Is a Tesla Motors, Inc. (Nasdaq: TSLA) takeover even possible?
Bloomberg speculated that that might be the case recently. With Tesla paying off its $452 U.S. Department of Energy loan, a barrier to a deal has been lifted.
Valuation on the company, which recently reported its first quarterly profit after being around for over a decade, is a little steep; shares currently go for about 816 times fiscal 2013 earnings estimates. Should Tesla be able to ramp-up production, it might grab the attention of larger players in the auto segment, like... More
June 21, 2013 7:58 AM EDT
Global Equities Research analyst Trip Chowdhry reiterated his Overweight rating and $150 price target on Tesla Motors (NASDAQ: TSLA) Friday following the unveiling of its new 90... More
