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Tesla tries for new highs

July 26, 2013: 12:14 PM ET

Click to see live quotes for Tesla.

Tesla shares (TSLA) made a run at record highs early Friday in a burst of optimism following an upgrade by Deutsche Bank.

But the stock struggled to hold the $130 level as the morning wore on, sparking a debate on StockTwits over how much the electric car maker is worth.

The sky's the limit, say the bulls.

  TeslaMan
$TSLA so the only question is... all time high before of after lunch? lol Unleash The Beast !

SwingJoy1
$TSLA all time closing high $129.9 lets see if we can get a close above there

Why stop there?

kmagic1
$TSLA heading to $150

Hold on a second, let's not get carried away.

49erFund
$TSLA Chill out people. We are grinding up into earnings. Expect some volatility along the way. $130 has dead bodies we need to get thru.

After a spectacular run this year, Tesla shares have been volatile as investors await the company's second-quarter report next month.

The 10-year old company, founded by tech entrepreneur Elon Musk, is expected to narrow its losses to 17 cents per share, which would be a marked improvement over the 89-cents-a-share loss in last year's second quarter.

scherf_com
$TSLA earnings on Aug. 7 will be a surprise. The stock should be already trading at at least $427 a share based on a $50 B market cap

That's typical of the kind of emotions investors have for Tesla. They seem to either love it unconditionally, or hate it with a passion.

stocktrader8000
$TSLA This stock is ready to drop like a rock. I'm no longer a bag holder, and won't be. Sell it. Only buyers are shorts covering.

jrgallaghr
$TSLA would be fun to see it go negative - just sayin- hey I can dream too like the longs

Wall Street analysts are also very divided.

Friday's upgrade from Deutsche Bank comes little more than a week after a bearish report from Goldman Sachs sent Tesla shares down 14% in one day.

49erFund
$TSLA This should shut the bears up after the GS debacle. Poor lemmings.

Of course, Tesla's stock bounced back the day after Goldman's report came out, as new buyers took the opportunity to get back in.

jmartz101
$TSLA i wouldn't buy at these up opens I am bullish on this stock and have been in it since it was 50 but many of these up opens end bad.

  • Is Elon Musk losing his touch?

    Investors can't seem to get enough of Elon Musk, but the Tesla CEO's announcement  failed to generate much excitement on Monday.

    Will publish Hyperloop alpha design by Aug 12. Critical feedback for improvements would be much appreciated.

    — Elon Musk (@elonmusk) July 15, 2013

    Musk has been talking about the hyperloop, an idea for a rapid transportation system, for about a year now, but details have thus far been limited.  At the recent D11 MORE

    - Jul 15, 2013 2:59 PM ET
  • Tesla shares reach new high

    Tesla's stock soared into record territory Monday after the electric car maker received another upgrade from Wall Street analysts.

    Tesla (TSLA) shares ended the day at a record $117.18, gaining more than 9%.

    The rally came after analysts at Jefferies raised their price target to $130, saying the company is likely to report stronger-than-expected sales of the new Model S this year.

    Tesla's stock price has exploded. It's gained a whopping 240% in the past MORE

    - Jul 1, 2013 4:45 PM ET
  • Investors electrified by Tesla

    Tesla is on a roll.

    Shares of the electric car maker rallied to a new high Tuesday, just days before the company is set to report its first profit ever.

    Tesla (TSLA) offered up a preview of that report earlier this month, saying sales of its all-electric Model S were exceeding expectations.

    The Model S is a full-size, four-door luxury sports sedan. While it was unveiled in 2009, it wasn't available until last MORE

    - Apr 30, 2013 11:12 AM ET
  • Can anything stop Tesla?

    The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any individual stocks.

    Tesla may be the Apple of the auto business. By that, I mean it's a company that's disrupting an entire industry ... not that it's a stock going nowhere fast.

    When you look at Tesla (TSLA) MORE

    - Apr 23, 2013 1:09 PM ET
  • Tesla shares get a jolt

    Talk about electrified.

    Shares of electric car maker Tesla spiked 6% Tuesday, nearly hitting a new high, on heavy trading volume.

    Tesla generated a lot of buzz last month after CEO Elon Musk tweeted about a game changing announcement.

    Really exciting @teslamotors announcement coming on Thursday. Am going to put my money where my mouth is in v major way.

    — Elon Musk (@elonmusk) March 25, 2013

    The news (which hit the airwaves last MORE

    - Apr 16, 2013 1:04 PM ET
  • Tesla stock dips on poor Model S review

    The idea of a driving an electric car has always intrigued me, but after reading a New York Times review of the Tesla (TSLA) Model S on I-95, it sounds like a total nightmare.

    According to the writer, the battery on the Model S drained much quicker than promised in cold weather during a recent trip up and down the East Coast. With only a few charging stations in the Northeast, the writer was forced MORE

    - Feb 11, 2013 3:02 PM ET
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