Posted on 02 April, 2011 under Technology with Post a Comment
Tesla Motors is a Silicon Valley-based company that designs, manufactures and sells electric vehicles (EVs) and electric vehicle powertrain components. But just in-case you didn’t know it was founded by Elon Musk who happens to be one of the founding fathers of Paypal. Tesla was only founded in 2003 and Morgan Stanley’s latest valuation stated that Tesla’s is “America’s Fourth Automaker.” Which means the automaker is ranked behind companies such as Ford, GM, and Chrysler.

This is good stuff for the company, right now Tesla stock is priced at $28.51 but it is on a forward track, it is also projected that by year end, Tesla Stock will worth $70. This is very impressive especially to the fact that the company has not been around for ages like other companies in the industry.
Source: Geeky Gadgets