Tesla stock spikes 5%

[Omaha Steve]

Source: CNN Money

By Hibah Yousuf

Shares in Tesla spiked more than 5% Tuesday. Why? Because the company said federal officials have reaffirmed the five-star safety rating of the 2014 Model S.

But the news from the National Highway Traffic Safety Administration appears unrelated to the federal probe into Model S fires -- a safety issue that has dinged Tesla stock in recent months.

In fact, Tesla (TSLA) also said that it is still "awaiting feedback from NHTSA regarding their investigation of recent fire incidents."
Tesla remains one of the hottest stocks of the year, up more than 350%, but it had lost momentum during the past few months due to a series battery fires.

FULL story at link.


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[Jesus Malverde]

1. See model S's all over the bay.

To own a car that doesn't feed the petroleum industry, except for nat gas electric is pretty awesome.

They look good too.

[YOHABLO]

2. All over the ''bay"? SF bay? Figures .. they can afford them.

Maybe the end of car noise is upon us. (?) Oh .. and emissions.

[OmahaBlueDog]

3. Motley Fool: Why I'm Betting on Tesla Motors Stock in 2014

Complete article at: http://www.fool.com/investing/general/2013/12/22/why-im-betting-on-tesla-motors-stock-in-2014.aspx?source=iaasitlnk0000003#.Uro1msKA0iQ

I haven't always been bullish on Tesla stock. I debated that Tesla was overvalued when it reached levels around $190 per share. In fact I sold shares at about $165. Recently, however, I decided that selling was a mistake. I bought shares in the $130 range when three fires in five weeks drove the price down.

...

Though when I sold shares the first time I believed the stock was fairly valued if it could actually sell hundreds of thousands of its alleged more affordable Model E per year by 2016, I also believed this to be the best-case scenario for Tesla. And in any projection, it's important to give weight to the probability of all the potential outcomes -- even the worst-case scenarios. That led me to believe that a bet on Tesla Motors' stock at levels that clearly priced in mass-market adoption of its Model E was purely speculative.

So why did I change my mind about Tesla stock? Here are the two arguments most important to my bullish outlook for the stock

Lack of competition: There's clear demand for Tesla-style electric vehicles, and competition has yet to react. When I say Tesla-style, I'm referring to high-performance, long-range, purely electric vehicles.