Why the Stock Market Punished Shares of Tesla Motors Inc (TSLA)

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In Goldman Sachs Group, Inc. (NYSE:GS)’s report today the analyst’s bull case had Tesla Motors Inc (NASDAQ:TSLA) selling 200,000 vehicles and taking 3.5% global market share at best. However, Musk sees a very different Tesla. As the company rolls out new and increasingly more affordable electric cars, Musk expects Tesla’s California-based plant to produce as many as 500,000 vehicles a year, according to Bloomberg. Moreover, if there’s one thing the Tesla CEO is good at, it’s living up to his promises.

This is just the beginning for Tesla Motors Inc (NASDAQ:TSLA), which is why shareholders with a time horizon of three to five years should stay in this name despite the recent volatility in the stock. However, if you’d rather invest in a more established automaker, a new report from the Fool’s top analysts uncovers two fresh opportunities for investors.

The article Why the Stock Market Punished Shares of Tesla originally appeared on Fool.com and is written by Tamara Rutter.

Fool contributor Tamara Rutter owns shares of Tesla Motors Inc (NASDAQ:TSLA). The Motley Fool recommends Tesla Motors. The Motley Fool owns shares of Tesla Motors Inc (NASDAQ:TSLA).

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