Tesla Motors Inc (TSLA) Overheat: Price Headed Toward $84 Says Goldman

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HFA Staff
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Tesla Motors Inc (NASDAQ:TSLA) is one of the most phenomenally successful companies of 2013. The firm’s stock price has risen by more than 250 percent since January 1, and the Tesla brand is quickly becoming a household name. All of that optimism hit the firm’s stock hard today after a report from Goldman Sachs Group, Inc. (NYSE:GS) burst the bubble of many investors. The report from Goldman Sachs Group, Inc. (NYSE:GS) was not a particularly negative one, though it did put the price targets for Tesla Motors Inc (NASDAQ:TSLA) well below those offered by most other analysts. At time of writing Tesla stock…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.