20 August 2014

Bright outlook for Tesla

Why Tesla Stock (Nasdaq: TSLA) Will Double in the Next 12 Months
By Chief Investment StrategistMoney Map Report  ·   August 19, 2014

I believe Tesla Motors Inc. (Nasdaq: TSLA) stock will double within the next 12 months.

Bold? You bet. I know it's not a popular opinion. In fact, I'd go so far as to say that the disdain for TSLA's bull run is only surpassed by the herd's disdain for the overall bull market itself.

For every quarter since at least Q1/2013, any sign of strength by this company has been met with jeers from some pretty powerful detractors.
From the headquarters of GM to the front page of the MIT Technology Review, the chorus has been pretty consistent: Tesla is a hopelessly inflated stock, a flash in the pan and nothing more.
Nonsense...
This company is on track to see a stock explosion that will make its surge back in the spring of 2013 look like a speed bump. I want you to know today that I believe we are on the cusp of a few key developments that will make electric cars in general and Tesla in particular the wave of the future.
Let me explain why....