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Monday, April 3, 2017

Tesla runs higher after deliveries update

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Shares of Tesla Motors ($TSLA) could threaten to eclipse their 52-week high today after the company reported just over 25K deliveries in Q1. On Wall Street, Guggenheim is in early with a price target boost on Tesla to $320, while Baird's Ben Kallo says "25,000 units is the best we could have thought, and people are looking at Model 3 for growth." The company hasn't issued a full-year production estimate yet. Down the road, Tesla aims for 500K units produced in 2018. TSLA +2.92% premarket to $286.43 vs. a 52-week high of $287.39.

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April 03, 2017 at 05:19PM

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from /u/gambit270

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