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Tesla Motors Inc (TSLA) [hlAlert]

Rating:
Buy TSLA
up 783.27 %

Tesla Motors Inc (TSLA) rated Buy with price target $38 by Needham

Posted on: Friday,  Dec 7, 2012  8:25 AM ET by Needham

Needham rated Buy Tesla Motors Inc (NASDAQ: TSLA) on 12/07/2012. Previously Needham rated Buy Tesla Motors Inc (NASDAQ: TSLA) on 01/24/2012.,
when the stock price was $27.51. Since then, Tesla Motors Inc has gained 783.28% as of 10/30/2015's recent price of $242.99.
If you would have followed the previous Needham's recommendation on TSLA, you would have gained 783.27% of your investment in 1375 days.

Tesla Motors, Inc. designs, develops, manufactures and sells electric vehicles and advanced electric vehicle powertrain components. The Company owns its sales and service network, and markets and sells its vehicles directly to consumers through the phone and Internet, in-person at its corporate events and through its network of Tesla stores. The Company commercially produces an electric vehicle, the Tesla Roadster. The Tesla Roadster offers acceleration and performance without producing any tailpipe emissions. In addition, it provides services for the development of electric powertrain components and sells electric powertrain components to other automotive manufacturers. On July 1, 2010, it introduced the Roadster 2.5, with new styling and an upgraded interior. As of December 31, 2010, it had delivered over 1,500 Tesla Roadsters to customers in 31 countries, almost all of which were sold in North America and Europe.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/7/2012 8:25 AM Buy
None
34.39 38.00
as of 12/31/2012
1 Week down  -1.19 %
1 Month up  0.14 %
3 Months up  15.67 %
1 YTD down  -1.51 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/5/2012 3:25 PM Buy
None
31.33 34.00
2/16/2012 8:25 AM Buy
None
33.53 40.00
1/24/2012 3:25 PM Buy
None
27.51 35.00

(*) Stock Price at the time of the recommendation.
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