Tesla Motors Inc Stock Could Go Even Higher

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Tesla Motors Inc Stock Could Go Even Higher

Tesla Motors Inc (NASDAQ:TSLA)’s growth this year and next depends on deliveries to Asia and, more specifically, China, according to Barclays analysts. They have estimated a breakdown of the automaker’s second quarter deliveries by region and say Tesla could have a challenge in hitting its implied fourth quarter delivery target of 13,000 Model S sedans.

Nonetheless, they think it’s possible that Tesla stock could go higher, carried by news reports that support bullish theses.