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Thursday, May 9, 2013

Tesla Motors (TSLA) Stock Analysis 2013

Tesla Motors (TSLA) Stock Analysis 5/10/13 May 10, 2013 -

 
 

Tesla Motors (TSLA), the electric car company, turned it's first ever quarterly profit on Wednesday night.  TSLA stock popped over 30% at one point on Thursday.  So what is the outlook for Tesla (TSLA) going forward?

Tesla (TSLA) stock hit a high of $75.77 on Thursday but dropped back to $69 into the close.  Goldman Sachs downgraded TSLA with a $61 price target.  My advice is to only buy TSLA on a break through the high of the day or below $60.  A break above $75.77 would most likely net you with a 5% gain to $79-$80.


Also see - Top Stocks 2013 - Top Stock Gainers 2013




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