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News

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



The Bottom Line


Shares of TSLA are up 35% YTD.

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