The bigger issue for Tesla will be how smoothly the company handles ramping up production. It expects to sell 5,000 Model S editions this year and 20,000 next year. Anyone in the auto business will tell you that going from being a niche automaker (as Tesla was with the Roadster) to a mass market manufacturer is a quantum leap. Can Tesla make that jump without falling down? Wall street seems to think so.
In the last two weeks there have been several notes from analysts with bullish forecasts for Tesla. Goldman Sachs raised the near term price targetfor shares of TSLA for $50. No wonder shares of Tesla are up 9% this week.
The time for talk and forecasts is through. It’s time to see if Tesla and the Model S are ready to meet lofty expectations.
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