Tesla and Declining Oil Prices: What Mutual Fund Investors Need to Know (TSLA)
Shauna O'Brien Dec 17, 2014
Inside the Commentary
The analyst expects TSLA to sell just 300,000 vehicles in 2020, which is well below TSLA’s estimate of 500,000.
Morgan Stanley has lowered its price target on TSLA from $320 to $290. This new price target suggests a 44% increase from the stock’s current price.
Declining Oil Prices Remove Selling Point for Tesla
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Market Index||1.64%|
|PRGFX||T. Rowe Price Growth Stock||1.07%|
The Bottom Line
Shares of TSLA are up 35% YTD.
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