Tesla’s Stock, Not Model S, May Be What’s Ludicrous

By | July 21, 2015

Scalper1 News

Tesla Motors (TSLA) shares fell from a 10-month high on Tuesday as analysts worry that the electric automaker will fall short of growth expectations. UBS downgraded Tesla to sell from neutral and cut the price target on the stock to 210 from 220. Analyst Colin Langan’s note said that the stock is priced for deliveries of 1.5 million cars in the next decade. But he thinks the target its out of reach as Tesla starts building the Model X in Q3, Scalper1 News

Scalper1 News