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RobertoMac

RobertoMac
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  • Tesla Motors (TSLA) gains 6.2% in premarket trading to reach $93.10 as its dizzying post-earnings victory lap continues. Morgan Stanley is out with what is largely a cautionary note before crunching the numbers for the "extreme" bull case. The firm says if Tesla achieves a 20% operating margin on 200K units per year, then a $300-plus price target could be justified. [View news story]
    I have one additional point to add, something that Tesla is certainly working on. I currently have a 4.7 kW SolarCity solar panel system on the roof of my house and it saved me over $700 in grid electricity bills last year (at 11 cents per kW hour). Next week I am adding a 3.6 kW SolarCity system to another part of my roof: total 8.3 kW. The installed cost to me for these systems is about 10% of the installed retail value (on a prepaid 20 year lease). If Tesla joins with SolarCity like they did with Honda to give new Tesla buyers a discount on a new SolarCity solar system, those new owners could drive their Model S forever with free electricity. A marriage made in heaven. That could open up an additional market for the Model S and a HUGE market later for the lower cost Tesla EV's. I am long TSLA and long SCTY.
    May 14 12:18 PM | 1 Like Like |Link to Comment
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