Tesla Motors: Valuation, Profitability and Cost Concerns ‘Do Not Matter’

In upgrading Tesla Motors (TSLA) to Buy from Hold, Stifel’s James Albertine hasn’t put aside his concerns–they just don’t matter for the stock. He explains why: Reuters Having defended our more cautious stance for over a year, we find ourselves torn in upgrading as it is clear substantial risks remain. This is, in part, given [...]