Breaking Finance News

BREAKING- Tesla Up 4 Percent in Early Trading (TSLA)

3503567616_d4b0c98235_oShares of Tesla (NASDAQ: TSLA) continue their climb higher Monday crossing the $168 mark and a more than $20 billion market cap. Friday, it was reported that Tesla’s Model S outsold Buick, Cadillac, Chrysler, Fiat, Jaguar, Land Rover, Lincoln, Mitsubishi, Porsche and Volvo in June.

Not everybody is convinced, however. Last week, Citron Research came out with a note saying that even Elon Musk himself believes that the stock is overvalued. (Read our coverage of the note here.)

[stock-tools exchange="NASDAQ" symbol="TSLA" image_height="230" image_width="350"]

Disclosure: At the time of this writing, the author had no position in the company mentioned.

New to Breaking Finance News? Read about our format here.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.