Thursday, October 3, 2013
Tesla Motors Gets A Downgrade
Oops. Tesla got downgraded the other day based upon it's high price. Pushing the $200 level one has to admit that the price is a bit out of whack with reality, although as a true believer in electric cars as the "wave of the future" I happen to feel that the company has the potential to be much greater than it is - ie. if you believe in Tesla's future, you should still be buying, if only just a little bit here and there, betting that Tesla will grow in to it's valuation. Anyway I slight pull back isn't necessarily a bad thing and considering it's rise this past year it's probably healthy.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment