Analysis: Tesla at $200 is coming, just not today

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

Deutsche Bank doesn't think a single car fire wrecks the bull thesis on Tesla Motors (TSLA) even if the story creates some "negative pressure" in the short-term.

The investment firm notes the accident comes after 83M miles of safe Model S driving and didn't occur spontaneously like the incidents with Chevrolet Volts.

More grounded traders are looking at the +50% run shares have been on in the last three months and are willing to let a little steam get blown off.

TSLA -3.3% premarket