Tesla Motors Inc (TSLA)’s Model X Could Surpass Model S’s Success


Ever since Tesla Motors Inc (NASDAQ:TSLA) came out with its bumper second quarter earnings report, Tesla Motors Inc (NASDAQ:TSLA)’s shares have witnessed a strong upside. Now, adding fuel to the fire is the recent hype surrounding the company’s much awaited SUV, Model X.

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StockTwits in an article on Yahoo! Finance mentioned how Tesla Motors Inc (NASDAQ:TSLA)’s stock is experiencing a continuous upside, after Morgan Stanley analyst Adam Jonas said in a note that the cool factor of Tesla Motors Inc (NASDAQ:TSLA)’s Model X   gives it the potential to exceed the Model S in value and success.

The Model is not supposed to go into production till 2015, but Tesla Motors Inc (NASDAQ:TSLA) expects to have operational Alpha prototypes of the Model X, ready this week, which will be followed by Beta Prototypes later in the year.

Tesla Motors Inc (NASDAQ:TSLA) also revealed recently that, Robyn Denholm, Executive Vice President and CFO of Juniper Networks, will be joining its board of directors.

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