Tesla Shares Jump After Morgan Stanley Labels It With Disruptor Status

Tesla Motors Inc. shares jumped after Morgan Stanley more than doubled its projected price for the stock to $320, saying the electric-car company's bid to disrupt the auto industry may also affect electric utilities.

The shares advanced nearly 14 percent to a record $247.06 at 10:22 a.m. Shares in Tesla, which last week forecast a more than 55 percent increase in deliveries of its Model S sedans this year, have risen almost sevenfold in the past 12 months.

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HughJass - 2/26/2014 10:52:02 AM

+1 Boost

Please, we know here at Autospies that only Hyundai/KIA disrupt the auto industry. Everybody else (including Bentley) is a has ran.

w222 - 2/26/2014 1:26:24 PM

+1 Boost

I preorder the model X last year...they pushed the production date 2 years back... finally fed out with the wait and cancelled it.
I drove the model S and I can understand why critics rave about Tesla