Price Of Tesla

Oleh Timoty

Tesla Model X By 3.bp.blogspot.com
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Baird analyst Ben Kallo published a research note on Thursday in which he defended an optimistic future for Tesla and a price target of $275. That's $75 higher than where Tesla shares are currently trading and not too far off the Tesla peak of $291 It's time to check in on one of the most volatile stocks on the market, Tesla Motors Inc. (Nasdaq: TSLA). The Tesla Motors stock price in 2015 has ranged from a high of $223.40 to a low of $185. It's down 3.2% today (Monday, March 2) after Bank of America Stover isn’t the only investor skeptical of Tesla’s prospects -- and of its stock price, which at $199.6 on March 3 valued the company at $25.1 billion. (That’s almost 40 percent of the market capitalization of Ford, which last year sold 6.3 million Tesla has seen better days: Fourth-quarter results were full of bad surprises, the company’s prototype electric SUV has suffered multiple delays, and crashing oil prices weaken the case for electric vehicles. The stock has tumbled 30% since September. And the bad news for Tesla Motors Inc (NASDAQ:TSLA) continues rolling. Tesla Motors Inc (NASDAQ:TSLA) has been in a strong downtrend over the past couple of months and has corrected by more than 15 percent in the last 3 months itself, not the forget the Ben Kallo, analyst at sell-side firm Baird, maintained an Outperform rating on Tesla Motors, and reiterated a target price of $275. The investment bank said it would remain a Tesla bull, predicting a successful launch of Tesla mass market EV, Model X. .

Toyota and Tesla once had a close relationship. In Y 2010, Toyota sold Tesla its abandoned Fremont factory for $42-M. A new plant could have cost $1-B. Toyota then bought electric motors from Tesla for two years. Toyota says the companies are drifting As I pointed out however, Tesla is trading at a price that would imply that investors have complete faith in Tesla's ability to deliver on plans to sell 500,000 units per year by 2020 and over a million units per year about a decade from now. So This is pretty surprising given how low his price target for the company is. A teeny-weeny price target for Tesla Lovallo may be Tesla’s biggest bear on Wall Street, as he’s slashed his price target from the already-small $70 to an even smaller $65 per With Tesla Motors' (NASDAQ: TSLA ) fourth-quarter results released recently, investors can look back to see how the electric-car maker performed in 2014. It has undoubtedly been quite a ride. Given Tesla's fast pace in expanding its business, it's a good .