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."

From other sites
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
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs