Tesla (TSLA) Fan Base in China Already Growing
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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) Unlikely to Get EV Subsidies in China
February 24, 2014 10:09 AM ESTIs Tesla (Nasdaq: TSLA) unlikely to receive electric vehicle subsidies in China?
According to a recent piece in China's 21st Century Business Herald, the Chinese government is unlikely to subsidize Tesla automobile sales given that it is an imported product.... 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
