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Tuesday, April 4, 2017

Tesla: You Say That Like It’s a Bad Thing?

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Tesla (TSLA) shares continue to soar today after the company--finally--managed to hit its delivery targets. And that's made it difficult for the Bears, who have to watch shares of Tesla trade a new all-time high. Oh, and its market capitalization is now almost equal to Ford Motor's (F). We heard from one analyst earlier, who stuck with his Sell rating based on valuation. And he's not the only one clinging to his valuation model. "We continue to see shares as overvalued," write Cowen's Jeffrey Osborne and team. "[Tesla] remains a concept stock." What exactly does that mean? We'll let them explain:

April 03, 2017 at 11:58PM

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from Ben Levisohn

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