Tesla says it has not finalized 2017 Model 3 design
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Tesla (TSLA) PT Raised to $320 at Evercore ISI; 500K Unit Goal 'Ambitious' But Not 'Impossible'
May 12, 2016 6:52 AM EDTEvercore ISI analyst George Galliers reiterated a Buy rating and lifted his price target on Tesla Motors (NASDAQ: TSLA) to $320.00 (from $310.00). Galliers said while its 500k units target for 2018 is "ambitious" it should not be viewed as impossible or unachievable.
At c500k units p.a., Tesla would only be in the Top 25 OEMs globally. And Teslas production would account for c50bps of global light vehicle production, barely moving the needle.
Galliers said while Tesla has been criticized by some for an apparent lack of delivery, they view view... More
