As recently as May, shares of Tesla Motors were trading under the $200 mark -- but according to one analyst at Stifel Nicolaus, the stock could easily hit $400 in the foreseeable future, thanks largely to what the firm sees as Tesla's "defensible niche in the global market for luxury electric vehicles."
As recently as May, shares of Tesla Motors were trading under the $200 mark -- but according to one analyst at Stifel Nicolaus, the stock could easily hit $400 in the foreseeable future, thanks largely to what the firm sees as Tesla's "defensible niche in the global market for luxury electric vehicles."
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