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Why Tesla (TSLA) Stock Is Down Today

The Street - 15 Sep 2014 17:34
NEW YORK (TheStreet) -- Shares of Tesla Motors Inca are tanking 7.92% to $257.08 todayaafter the electric automaker received aanegative note from analysts at Morgan Stanleya this morningaand had its $320 price target removed. The firm gave a cautious view,abut maintained its "overweight" rating, and saidathe company's shares have run up a bit too aggressively in recent weeks. Morgan Stanley said Tesla enjoyed a solid run in the past month and a half, butait's possible that the stockadoes not des...
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