Deutsche raises Tesla PT to $200 from $160, shares +1% AH

|About: Tesla Motors (TSLA)|By:, SA News Editor

Analyst Dan Galves: "Based on conversations with mgmt and monitoring information available on Tesla (TSLA) owners’ blogs, we believe that the company is on-track to modestly outperform Q3 margin expectations, that demand has continued to grow in the US and Europe."

Galves also thinks Model S demand continues to grow in spite of recent option price hikes, and points out 22% of the free float still remains shorted.

Morgan Stanley came out with a bullish note yesterday.