Tesla Motors Inc (TSLA) Rises As Jefferies Say Electric Cars Are Safe

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HFA Staff
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In a show of support for Tesla Motors Inc (NASDAQ:TSLA), Jefferies analyst Elaine Kwei has boosted her price target on the company’s stock to $210. Kwei referenced the incredible safety of the company’s vehicles in the report and says that the video of the Model S on fire has not shaken Tesla customers as much as some investors seem to believe. Last week, a video of a Tesla Motors Inc (NASDAQ:TSLA) Model S on fire sparked fears that the company would lose business because of safety fears. The incident probably added to the company’s loss of value last week. Tesla…

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