Most Expensive Tesla (TSLA) Model S Comes in at Over $200K
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March 17, 2014 6:29 AM EDT
Baird analyst Ben Kallo reiterated an Outperform rating and boosted his price target on Tesla Motors (NASDAQ: TSLA) from $245 to $275 after traveling with management.
Kallo said, "We left our meetings incrementally positive on TSLA's ability to meet guidance of 35,000 Model S deliveries in 2014, and have expanded our earnings multiple due... More
March 14, 2014 2:49 PM EDT
Tesla Motors (Nasdaq: TSLA) CEO Elon Musk issued the following statement today:
On Tuesday, under pressure from the New Jersey auto dealer lobby to protect its monopoly, the New Jersey Motor Vehicle Commission, composed of political appointees of the Governor, ended your right to purchase vehicles at a manufacturer store within the state. Governor Christie had promised that this would be put to a vote of the elected state legislature, which is the appropriate way to change the law. When it became apparent to the auto dealer lobby that this... More
