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Tesla Stock Price Up Again This Week as More Gigafactory News Released

By , Associate Editor, Money Morning • @KyleAndersonMM -

Tesla stock price

The Tesla stock price was up more than 1% this week, as details of the Tesla Gigafactory continued to dominate headlines.

This week, Nevada Governor Brian Sandoval signed $1.3 billion worth of tax breaks for Tesla.

Now, Money Morning’s Chief Investment Strategist Keith Fitz-Gerald sees TSLA stock going much higher from here, and the Gigafactory is a big reason why…

Tesla Stock Price Will Shrug Off Today’s 5% Dip and Continue Higher

By , Associate Editor, Money Morning • @KyleAndersonMM -

tesla stock price

The Tesla stock price was down nearly 5% today to $272.51, following yesterday's statement from CEO Elon Musk that Tesla Motors Inc. (Nasdaq: TSLA) shares are overvalued at the moment.

"I do think people sometimes get carried away with our stock," Musk said on CNBC yesterday.

But even if Elon Musk thinks the shares are overpriced now, this stock still has great long-term potential. Today’s drop is just a blip on the radar. In fact, TSLA stock could double in the next 12 months…

Tesla (Nasdaq: TSLA) Gigafactory Will Help Drive the Stock in 2015

By , Associate Editor, Money Morning • @KyleAndersonMM -

tsla stock price

Tesla Motors Inc. (Nasdaq: TSLA) has reportedly chosen a site in Nevada for the future home of the Tesla Gigafactory, a $5 billion project that is expected to revolutionize lithium-ion battery production.

But that's not only good news for the state of Nevada, it's also great news for investors. Because the TSLA Gigafactory is one catalyst that will be sending TSLA shares soaring the next year.

In fact, TSLA’s 2013 gain will look like a speed bump in comparison…

The Tesla Gigafactory Has a New Investor

By , Associate Editor, Money Morning • @KyleAndersonMM -

New details about the Tesla Gigafactory were released today (Thursday) when Panasonic Corp. announced that it will be investing in Tesla Motors Inc.'s (Nasdaq: TSLA) new production plant.

TSLA stock opened up slightly following the news.

The new factory is expected to revolutionize lithium-ion battery production and increase Tesla’s output dramatically. Here’s what that would mean for TSLA stock…

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