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APR 16, 2013 - Benzinga

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Morgan Stanley Reiterates Overweight Rating, $47 PT on Tesla Motors on 1Q13 Preview

In a report published Tuesday, Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and $47.00 price target on Tesla Motors (NASDAQ: TSLA). In the report, Jonas noted, “Following Tesla's pre-announcement, we adopted the guidance for net profitability on a GAAP and non-GAAP basis at over 4,750 units of Model S.

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