The Buzz
Tesla stock keeps zooming higher
June 4, 2013: 3:30 PM ETClick the chart to track shares of Tesla.
Shares of Tesla Motors drifted higher Tuesday ahead of the electric car company's annual shareholder meeting.
Tesla (TSLA) shares have surged more than 180% this year, although the stock has pulled back from a high above $110 last month.
Investors are keeping an eye on the meeting for any announcements that could drive the stock back up, but so far the news has been pretty dull.
Tesla executives apparently discussed the company's warranty and a plan to make the Model S available for rent.
One trader on StockTwits came up with an interesting twist on the conventional road side assistance.
abubnic
$TSLA car fails somewhere outside of CA and a SpaceX rocket picks it up, takes it back for repairs.
There was also some talk about Texas, where lawmakers reportedly rejected a law that would have allowed Tesla to operate its own dealerships in the state.
Mafayewe
$TSLA The TX story is now >2wks old. The only difference that it makes is no ability to talk price in the stores, and test drives scheduled
bbolan1
Is Texas that important to $TSLA right now, I mean it is a big oil state. Think they want electric cars? VA- different story. Law makers
Meanwhile, the bulls were reminiscing about last month's gains and some were betting the stock will eventually head higher.
DigDugTrader
$TSLA is it ok to cheer again?
financialtrader
$TSLA hanging around.. this one will be interesting if momo kicks in at the HOD
NikkeiDreams
My only trade I will make today are $TSLA weekly 100's on any early fade as I expect it to be bought back up - cheers
The bears, of course, were quick to throw cold water on that.
QuickCASH
$TSLA I believe TSLA will suffer a huge correction then go up to $150-200 range but before might go lower to $60-75 range Bearish
Texastrade
$TSLA Closing RED...
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Tesla zooms to new high, then pulls back
No cruise control for Tesla.
Shares of the electric car maker took off Tuesday, racing to a new high above $60 right out of the gate. But by late morning, the enthusiasm had chilled, and the stock was down about 3%.
The supercharged moves come one day before Tesla (TSLA) is set to report its first quarterly profit ever.
And it's all thanks to the all-electric Model S.
The full-size, four-door luxury sports sedan was MORE
Catherine Tymkiw - May 7, 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
Paul R. La Monica - Apr 23, 2013 1:09 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
Maureen Farrell - Feb 11, 2013 3:02 PM ETPosted in: auto, cars, electric car, electric cars, electric charging, Elon Musk, Model S, new york times, Tesla, vehicle
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