Editor’s Note: Related tickers: Tesla Motors Inc (NASDAQ:TSLA)
Will Danoff’s Contrafund is Sweet on Tesla, Sour on Apple (WallStCheatSheet)
If you’re going to take a page out of any investor’s playbook, it may as well be William Danoff. Danoff has managed the $94 billion Fidelity Contrafund since 1990 and has earned an annual return of 7.35 percent, beating the S&P 500 by 3.11 percentage points each year. …Danoff lauded Tesla Motors Inc (NASDAQ:TSLA) as a company with “disruptive technology and [a] superior business model compared to industry peers,” and suggested that it could grow at a fast pace for several years. Shares of Tesla Motors Inc (NASDAQ:TSLA) have increased more than 272 percent this year to date. The Contrafund added to its position in Tesla Motors Inc (NASDAQ:TSLA) recently, and owned $447 million worth of stock at the end of the second quarter.
BMW’s i3 Could Steal Some of Tesla’s Buzz (HollywoodReporter)
BMW, that bastion of the high-horsepower internal combustion engine, has thrown its hat into the electric car wars with the unveiling of its i3 electric car this week, part of a concerted effort by the Bavarian brand to field an entire electric car platform, of which the i3 is the first. It is scheduled to arrive in showrooms in 2014. …With a price tag of $41,350–less than half the price of Hollywood’s dominant electric vehicle, the Tesla Motors Inc (NASDAQ:TSLA) S — the i3 has a chance to win over Nissan Leaf, Fiat 500e and Chevrolet Volt owners with its mix of low price and outré design.
Tesla Motors’ Incredible Run Puts These ETFs in Focus – ETF News And Commentary (Nasdaq)
The automotive industry has rebounded strongly from the hard hit performance during the recession. The biggest winner this year is of course the newcomer electric car manufacturer, Tesla Motors Inc (NASDAQ:TSLA). The shares of Tesla Motors Inc (NASDAQ:TSLA) surged about 8% over the past four trading sessions and are up about 250% since the start of the year, making the company one of the hottest stocks in the market, and a favorite pick among growth investors. …Given these factors, it looks like Tesla Motors Inc (NASDAQ:TSLA), even at its current levels, may still be a great candidate for a portfolio.
Road trip proves (again) that the Tesla Model S is unlike other electric cars (ConsumerReports)
We have been itching to take our Tesla Motors Inc (NASDAQ:TSLA) Model S on a long trip, and the opportunity finally arrived when it became our Washington, D.C., office’s turn to experience the car. Last time we brought a car down for the Consumer’s Union advocates to experience green-car living, we had to trailer our Nissan Leaf. This time was much different: we simply drove. (Read about our experience with the Leaf in Washington, D.C.) The Tesla Motors Inc (NASDAQ:TSLA), with its 200-plus mile range and (so-far small) network of Supercharger DC fast-charge stations along highways is the first electric capable of making such a trip.
Tesla Motors Aiming For Performance Over Luxury (Gas2)
How does one define a performance car versus a luxury car? Surely one would not call the $110,000 Corvette ZR1 a “luxury” car despite its six-figure price tag. So it is that given a choice between the distinctions, a Tesla Motors Inc (NASDAQ:TSLA) exec said that the EV maker is “competing base don performance”, aiming to build not just a great electric car, but a great car in general. The comments come from Tesla Motors Inc (NASDAQ:TSLA)’s VP of business development, Diarmuid O’Connell during a conference call with the Electrification Coalition. So despite the fact that the Tesla Motors Inc (NASDAQ:TSLA) Model S is outselling many luxury competitors, Tesla Motors Inc (NASDAQ:TSLA) seems more interested in the 4.2 second 0-60 mph sprint than establishing itself as a luxury automaker.