Will Model X Send Tesla's Stock Price Even Higher?
The Tesla stock price has been rising rapidly lately, with TSLA currently standing right around $170, which means it’s up almost four percent for the day.
As previously reported by The Inquisitr, a Tesla Model S recall threatened the Tesla stock price but Elon Musk managed to shoot down any rumblings over those issues.
Fourth quarter sales of the Tesla Model S beat expectations by 20 percent, selling 6,900 vehicles which was a 25 percent improvement over even the last quarter. Robert W. Baird analyst Ben Kallo upgraded the stock to “Outperform,” saying the target price for the Tesla stock is $187.
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