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Tesla Motors Earnings Preview For Wednesday

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Tesla Motors, Inc  (TSLA) 

Background: Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components. The company offers Tesla Roadster, an electric sports car. It markets and sells its vehicles through corporate events; and directly to consumers through the phone and Internet, as well as its network of Tesla stores.

Strong fourth-quarter earnings growth is expected by Wall Street after the market closes on February 19, 2014. The consensus mean is 19 cents a share, a gain of 84 cents (442.1%) from -65 cents during the corresponding quarter last year. Estimates from analysts range from a low of 11 cents per share, up to the highest estimate of 30 cents per share.

Analysts approve the direction Tesla is headed. 8 of the 14 analysts covering the company give a buy recommendation. 5 analysts rate it a hold, and 1 rate it as a sell.

4 out of 14 analysts now rate Tesla a strong buy up from 3 analysts a month ago. Analysts overall have called this one correctly. In the last 12 months, the shares have accelerated higher. The one year return is 372%. The average analyst current target price for Tesla is $165.25.

Wow, the short interest is altitudinous and is a strong warning that short sellers expect the share price to fall considerably. The short interest is 37.2%.

 

(TSLA)

(GM)

(TM)

Strong Buy

4

5

1

Moderate Buy

4

9

1

Hold

5

4

1

Strong Sell Ratings

1

1

0

Avg Analyst Price Target

$165.25

$46.94

$145.28

Revenue

$2.38 billion

$161.57 billion

$253.67 billion

Est Low EPS

0.11

0.42

2.44

Est High EPS

0.30

0.78

2.44

1 Year Stock Price Change

418.77%

22.24%

11.97%


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Stock Tickers: TSLA GM TM Author Disclosure: n/a
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