Rare downgrade for Tesla Motors

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

Tesla Motors (TSLA) is downgraded by Robert Baird to Neutral on a valuation call with the automaker's technology leadership fully priced in.

The investment firm sets a $187 price target on shares as it also cites "execution risk" as a factor.

TSLA -2.1% to $188.99