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Merrill Lynch's Steve Milunovich is starting coverage on Tesla Motors (TSLA -0.2%) with a Buy...

Merrill Lynch's Steve Milunovich is starting coverage on Tesla Motors (TSLA -0.2%) with a Buy rating and $34 PT, and is even comparing CEO Elon Musk to Steve Jobs. Milunovich is positive on the company's Model S sedan due to its range, and thinks Tesla can price the car competitively thanks to low-cost technology and an absence of "legacy costs."
Comments (1)
  • oui888
    , contributor
    Comment (1) | Send Message
     
    I agree with Mr. Milunovich's rating on Tesla. I disagree his comparing CEO Elon Musk to Steve Jobs. CEO Elon Musk is a very intelligent and compassionate person and not limited to an apple box. By the way, I don't know Mr. Musk and Mr. Jobs personally. But I read lots of articles about Mr. Musk and Mr. Jobs.
    8 Aug 2011, 11:54 AM Reply Like
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