Remember way back when we mentioned that Tesla's Gigafactory for batteries might prove to be a good investment opportunity, with its potential to bring cell prices down to a level that could make the forthcoming Tesla Model E affordable, not to mention attractive for massive amounts of renewable energy storage? Well, today the automaker's share price popped – we'd say exploded, but it's not as alliterative – up over 15 percent to hit an all-time $259.20 high. It seems market analysts at Morgan Stanley were way ahead of us, and they have now released a report outlining their decidedly optimistic expectations.

Authored by analyst Adam Jonas, the document looks forward to a Utopian future (around 2026, for those anxious for such a thing) where it is predicted that Tesla will enjoy a commanding share of both the battery and autonomous automobile market, and its revenues will be sixty times that of today. Sixty times. That's a pretty sunny outlook. Not incidentally, the financial services company also has doubled its target price for TSLA, from $153 to a nice, round $320.

Consumer Reports named the Tesla Model S its best overall top pick for 2014.

That rosy outlook report is not necessarily the only thing filling the sails of the California automaker today. Consumer Reports has also also added to the momentum, naming the Tesla Model S its best overall top pick for 2014. And now we hear that Panasonic and some partners are interested in investing almost a billion dollars into Tesla's new gigafactory. Of course, we here at AutoblogGreen are simply scribes, not investment professionals, so this is not an encouragement to buy, sell or hold. We can recommend, though, that you scroll below and check out CR's brief video containing all 10 of its 2014 top picks.



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  • 137 Comments
      404 not found
      • 1 Year Ago
      Today was absolutely glorious.
      Sorten Borten
      • 1 Year Ago
      Good new AutoBlog(/Green): you can drop the regular posting of Hennessey ads and instead keep the lights on by posting about TSLA stock price movement every couple of days.
      Morgan Reale
      • 1 Year Ago
      Pay for Play -- nothing like paying for a good reviews --- No one believes this statement "Consumer Reports named the Tesla Model S its best overall top pick for 2014." they haven't even sold enough cars to even compete with their competitors.. - He stresses the fire - hahah -- can anyone say Fisker Fisker Fisker Karma 3 times ...
        stevejust
        • 1 Year Ago
        @Morgan Reale
        Umm...I had to log in just to address this stupid post because it is not tethered to reality. 1st quarter sales, 2013: Mercedes S-Class: 3,077 BMW 7 Series: 2,338 Audi A8: 1,462 Tesla Model S: 4,750 So... not only are they selling enough cars to compete with their competitors, they're selling more cars in their class than their competitors. Granted, this is just one quarter, but I don't have the time nor inclination to do the yearly totals. I think through June of 2013 MB sold 6, 211 S-Classes, BMW sold 5,075 7 Series and Auid sold 3,099 A8s and Lexus sold 5, 247 LSes and Porsche sold 2,532 Panameras. Tesla sold 10,000 cars. This is coming from forbes.com http://www.forbes.com/sites/markrogowsky/2013/08/24/numbers-dont-lie-tesla-is-beginning-to-put-the-hurt-on-the-competition/
          360_AD
          • 1 Year Ago
          @stevejust
          Facts: an inconvenience to the ignorant.
          theflew
          • 1 Year Ago
          @stevejust
          I see what you're saying, but her point isn't without merit as well. Your numbers ignore the fact they have several models that are in Tesla's price range and that they have proven their value over time. Also you have to factore in Tesla is being sold to the enthusiast crowd at this point that is going to praise the car. I think the Model S should win awards because it's a great car, but best overall pick at $80k ? Way to ignore 98% of the car buying public.
          markrogo
          • 1 Year Ago
          @stevejust
          My goodness, that article you linked is brilliant! (I kid, I kid...)
          Joeviocoe
          • 1 Year Ago
          @stevejust
          25,000 vehicles per year is WAY BEYOND "enthusiasts".
        eric.sales
        • 1 Year Ago
        @Morgan Reale
        Why are people like you so against an American car company to fail? They employ many people in Cali and built a good car.
        Domenick
        • 1 Year Ago
        @Morgan Reale
        Contrary to the "Pay for Play" scenario you might believe exists, Consumer Reports actually buys the cars the review to avoid that accusation. Their recommendation is born of experience with the car, which is what gives it so much weight.
        jeff
        • 1 Year Ago
        @Morgan Reale
        Awwwww....
        CoolWaters
        • 1 Year Ago
        @Morgan Reale
        Teenager who's never driven the car, makes stupid comment: SHOCK.
        m_2012
        • 1 Year Ago
        @Morgan Reale
        Many of their customer traded in competitor vehicles or have both and they still agree with CR. Many professional reviews like C&D, MT, and the like agree. Tesla has the highest customer satisfaction ratings. Tesla has the highest CR score even given. Tesla has the highest crash test score ever given. Tesla has the fastest large sedan on the market. Tesla outsold their 3 main competitors COMBINED! What competitors do they have really? Their "competitors" are at the gas stations right now, freezing their a$$es off, paying more money for foreign fuel with a side of government funded corn.
          onewayroll
          • 1 Year Ago
          @m_2012
          Let's not get carried away here. The Model S is not the fastest larger sedan on the market (M5, S8?) and as strong a seller it is, it did not out sell it's 3 main competitors combined.
      Gator
      • 1 Year Ago
      This is not a bubble since this car company is saying **** the traditional way of making and selling cars. They are going about it like Apple, Microsoft, Facebook, and ETC. I bet you will keep hearing about them in a positive way and the stock will continue to go up.
        Joeviocoe
        • 1 Year Ago
        @Gator
        Stocks can be well overvalued... and still not be a bubble... TSLA has so much growing left to do. New markets, a whole new industry really... and the stock can stay in the stratosphere while the company's growth rises to meet its valuation over the next decade.
        paulwesterberg
        • 1 Year Ago
        @Gator
        They don't event have to pay for advertising or salesmen because their customers love the car and it sells itself. They build the cars and deliver them to the people on the waiting list who have put down deposits. How much is that worth!?
        EvilTollMan
        • 1 Year Ago
        @Gator
        Dont forget Google
      CoolWaters
      • 1 Year Ago
      Interesting: 1 BILLION Dollar Investment by Panasonic. Now we're talking about Real Money and Rapid Economic Change. And since Elon is looking at battery energy storage, that factory capacity can be used up every single year it's in production.
        Rotation
        • 1 Year Ago
        @CoolWaters
        In Japan right now, the interest rate at the discount window is 0%. A Japanese company can borrow money interest free from the government (who is currently printing it right now). Given this, Tesla would be insane to use their own capital to build the factory when they can use free, Japanese government money to do it.
          Rotation
          • 1 Year Ago
          @Rotation
          Joeeviocoe: Any borrowing to do that would be restricted. Not prohibited, but restricted. But it's really easy to launder the money through the system. Similar things happened in the US and Europe too. Auto companies borrowed money at the discount windows (US Fed and ECB) through their finance arms at interest rates below 1% through programs designed to increase liquidity in loan markets and used the money to finance expansion and capital expenditures in their automotive arms.
          Joeviocoe
          • 1 Year Ago
          @Rotation
          Can a Japanese company borrow from their government to build on U.S. soil and employ American labor??
      Spec
      • 1 Year Ago
      I'm a fan of Tesla . . . . but man, this Morgan Stanley report is over the top. Grid storage, self-driving cars, Utopia, etc. Let's remember that Morgan Stanley was one of the underwriters of the Tesla IPO and may still be exiting shares.
        Sorten Borten
        • 1 Year Ago
        @Spec
        Exactly. Investment banks will issue strong buy ratings until the morning the company files for bankruptcy. This report just moved the stock $13/share and added several billion to its market cap. This guy will probably end up with enough of a bonus to buy everyone in his family a Model S.
        purrpullberra
        • 1 Year Ago
        @Spec
        Grid storage = Important business. The grid will get smarter and MANY companies and families will want privately owned electric backup systems. It's hardly pie-in-the-sky stuff. Self-driving cars: Apparently coming soon. There are too many positives for this idea to not become mainstream. It's just a matter of time. Utopia: Doesn't exist. WTF? I suspect this guy will not live that goof down. You aren't doubting the need for grid storage are you? I think autonomous cars are smart too. I'm just surprised you lumped those three things together yourself even knowing that it comes from the article. I doubt any nefarious motives are behind the silliness. He got carried away.
          Spec
          • 1 Year Ago
          @purrpullberra
          Grid storage is definitely a growing business . . . . but who in their right mind would do grid storage with very expensive high-energy density lithium-ion batteries?
      404 not found
      • 1 Year Ago
      Up over 4% in after hours. If the stock keeps going like this I'll be able to buy a Model S with my shares.
        Mike
        • 1 Year Ago
        @404 not found
        I wish I had the money to be a fat cat too. Still paying bills.
        m_2012
        • 1 Year Ago
        @404 not found
        That's my plan. For the price of a Focus, I can get a Model S, and people are saying they are expensive cars?!
      axiomatik
      • 1 Year Ago
      That chart is absolutely ridiculous. One area where Tesla is definitely weak (relative to other automakers) is in autonomous driving aids. The Model S lacks the lane-departure warnings, blind-spot monitoring, adaptive cruise control, collision avoidance, and parking assist systems that have been developed and introduced by other automakers for years now. For this analyst to assume that Tesla is just going to suddenly lead us into an autonomous driving utopia is simply pie-in-the-sky. Tesla has a lot of catching up to do in this area. I am sure Tesla is working on these features, but the other automakers have a significant head start in that respect.
      malgu
      • 1 Year Ago
      Maybe by the time I graduate, I can sell my shares and pay off all my loans
      James Hoyt
      • 1 Year Ago
      At 4,741 Lbs the TESLA S is THE ELECTRIC PIG! Who would spend $89,500 for a car that could not win a race from NY to Pittsburgh against a 1971 Chevy Vega?
        Joeviocoe
        • 1 Year Ago
        @James Hoyt
        who races like that?? who gives a flying f&ck about Pittsburgh? Tesla has been winning the races that matter... with 0-60 acceleration that is phenomenal in its class and price range. And it does it because it carries the weight extremely low, (very little pitch).
        StaceyS
        • 1 Year Ago
        @James Hoyt
        A 1971 Chevy Vega has a practical driving range of 269 miles on its 11 gallon fuel tank at normal highway speeds (less if you're "racing"). A Tesla Model S has a practical driving range of 285 miles on an 85 kwh battery (again, less if you're "racing"). There are superchargers between New York and Pittsburg, allowing for fast recharging. I'd say it would be a pretty interesting race, and I'd put money on the Tesla winning it. And that's assuming you could actually drive a Chevy Vega from New York to Pittsburg without it rusting to pieces before you got there.
          Grendal
          • 1 Year Ago
          @StaceyS
          Someone here actually calculated that the Tesla would win by 10 minutes.
        jeff
        • 1 Year Ago
        @James Hoyt
        The quality of the Tesla trolls are really low these days... Their posts are funny though...
          360_AD
          • 1 Year Ago
          @jeff
          The really stupid ones are the ones that completely ignore facts and shoot from the hip (butt?). The less stupid ones cherry-pick data to support their false opinions. What's even more humorous about Hoyt's comment is the Model S beats the C7 Corvette in the quarter mile drag strip 2 times out of 3. If the Tesla is a pig, then I'm Donald Trump.
        Grendal
        • 1 Year Ago
        @James Hoyt
        Look! Another cut and paste troll! James has posted this exact same post 20 times here on ABG and I've seen the same post on a number of other sites. He never engages in conversation either. Another Jim543210.
        2 wheeled menace
        • 1 Year Ago
        @James Hoyt
        You'd prefer some rusted out car that gets under 20mpg, is slow, uncomfortable, and generally falling apart? How's living in a trailer park these days?
        CoolWaters
        • 1 Year Ago
        @James Hoyt
        With a 250 mile range, no one cares what you thing james. Why don't you troll Fox News with your vast intellect.
        360_AD
        • 1 Year Ago
        @James Hoyt
        $ spent to charge a Model S from NY to Pittsburgh? Zero. $ spent to gas up a 71 Vega from NY to Pittsburgh? what about the tow truck? The humor of your stupid comment? Priceless.
      Avinash Machado
      • 1 Year Ago
      Tesla continues to impress.
      • 1 Year Ago
      Look for a pull back at 270. This stock is amazing though but over that range, we should get a 20% pull back, be careful all
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