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Morgan Stanley lifts Tesla Motors (TSLA) two notches to Overweight after having the electric...

Morgan Stanley lifts Tesla Motors (TSLA) two notches to Overweight after having the electric vehicle maker slotted at Underweight. The key part of the comments out from the investment firm is that it thinks fears that Tesla is having a manufacturing slowdown are "overdone." TSLA +7.9% premarket.
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Comments (8)
  • Nicu Mihalache
    , contributor
    Comments (1081) | Send Message
    I wondered how long their illogical (to say the least) "underweight" with target $44 could last
    17 Sep 2012, 08:39 AM Reply Like
  • schererd
    , contributor
    Comments (42) | Send Message
    I was contacted by Tesla several weeks ago to finalize my cars spec's and sign the committment papers which I did. My car is between 3200 and 3300 to be built this year. I'd have to say they are ramping up production. It was funny to converse with the loan officer at my credit union and my insurance company. Neither of them had any idea what a Tesla was. One guy way in the back office heard Tesla and he came running up and said your kidding. I told him no. He so wants to see it when I get it.
    17 Sep 2012, 08:44 AM Reply Like
  • bubbrasil
    , contributor
    Comments (52) | Send Message
    Where are you getting these numbers from? This is from CNN Money today "Over the weekend, Musk said the luxury electric vehicle maker made 100 vehicle bodies for the first time in the company's history." You notice this say vehicle BODIES, not cars. Tesla recently announced they had make only 100 cars and 25 of them were test cars and demos. That's a far cry from over 3000. It may be a beautiful car, but there's no evidence yet that they can meet their goal of producing 5000 cars by year end. I think they are stalling for time.
    17 Sep 2012, 01:10 PM Reply Like
  • 123man
    , contributor
    Comments (1221) | Send Message
    schererd - I had the same experience, both with insurance and financing - the best I found for financing was a credit union here in SCal at around 3% - my insurance carrier said it would be the same as any high end car, but AAA didn't have any info on the car at all - if you have found anything better out there, please post it -
    17 Sep 2012, 08:59 AM Reply Like
  • RationalOne
    , contributor
    Comments (25) | Send Message
    My Tesla Model S will be delivered in about 2 weeks. The ramp up in production is real, deliveries are occurring every day in numbers, and new pre-orders are coming in at a very good rate. Once this car hits the streets in numbers across the USA and once people test drive it -- look out! TSLA is going to do VERY well long term.


    BTW, the nay-sayers on this stock have become very quiet as of late. They're the ones who have said Tesla would never build the car and that it was vaporware, then, would never achieve good range (EPA 265 miles), then, would never deliver the car (already happening), then, would never sell more than a few (current pre-orders top 12,000), then, would not achieve the margins they claimed (will happen by mid-2013), then, would never sell their self imposed quota of 20,000 vehicles per year (easily accomplished in 2013). Wrong on every count.
    17 Sep 2012, 09:09 AM Reply Like
  • Stephen Pace
    , contributor
    Comments (547) | Send Message
    @RationalOne So true. Next complaints: the car is too fast (heard that once already), too big, and too heavy. Nevermind that it drives like a dream. Mine shows up in two months. I can't wait!
    17 Sep 2012, 10:30 AM Reply Like
  • kayrjay
    , contributor
    Comments (4) | Send Message
    We took delivery last Friday. This car is by far the best car we have ever owned. It is absolutely terrific! Fast,comfortable, quiet, roomy, handles like a dream, and NO GAS! The factory is humming, building lots of cars. This car ... and stock ... is a WINNER!
    17 Sep 2012, 11:02 AM Reply Like
  • mulder1231
    , contributor
    Comments (17) | Send Message
    Same as schererd, I'm a reservation holder in the low 3000's and signed all the paperwork several weeks ago. Can't wait till mine gets delivered in November this year!
    17 Sep 2012, 03:27 PM Reply Like
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