- Apr 10, 2010
Very curious about the sudden sharp jump of Tesla price from 250 to 330$. It was a 1.5 billion dollar loss for the shorts. Even Zacks was recommending Tesla on their short sell list? Some analysts are calling for a 3500$ price target. Well with an accommodative fed and basically a government giving unlimited hand outs to select few car makers, their 3550 Tesla price may be achievable. Why not give away one Tesla per family to all Americans. That way Tesla will be forever in business and the feds will have 100% employment.
The tax credits for Tesla have all but run out. Other makers of electric cars can still qualify, until they hit a certain number of sales.
Doesn't matter, Tesla is crushing the competition on value, not on price.