Tesla (TSLA) Unlikely to Get EV Subsidies in China
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UPDATE: Morgan Stanley More than Doubles PT on Tesla (TSLA) to $320; Maintains at 'Overweight'
February 25, 2014 6:13 AM EST(Updated - February 25, 2014 11:14 AM EST)
Morgan Stanley maintains its Overweight rating on Tesla Motors (Nasdaq: TSLA) and raises its price target from $153 up to $320.
Analyst Adam Jonas commented, "Teslas quest to disrupt a trillion $ car industry offers an adjacent opportunity to disrupt a trillion $ electric utility industry. If it can be a leader in commercializing battery packs, investors may never look at Tesla the same way again ... Tesla says it will team up with partners to build the worlds largest Li-ion battery pack facility in the US. We reflect... More
Tesla (TSLA) May Not Be Able to Meet Initial Model S Demand in China
February 21, 2014 7:19 AM ESTTesla Motors (Nasdaq: TSLA) is going to bring its Model S sedan to China this spring. But, investors want to know: will there be enough initial demand to make the effort worthwhile?
Company CFO Deepak Ahuja said demand in... More
