29 Aug '13, 11pm

And now Tesla is apparently worth $20 billion

The stock is high now but I can see it going up another $100 pretty easily simply because I think TSLA has become a darling of Wall Street, similar to Google and Apple a few years ago. Tesla may not grow into a behemoth car company like GM, but traders like Elon's moxie and that can go a long way when it comes to pushing up a company's stock price (plus he's delivered on sales so far). I own stock in them and I'm no financial analyst, but I think they're going to have big 3rd and 4th quarter sales numbers, especially with the holiday season coming up and the fact that rich people will want to buy the newest, most expensive play toys for Christmas (ie: the Model S).

Full article: http://green.autoblog.com/2013/08/29/tesla-is-apparently-...

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