09.06.2016 - The growth of Tesla Motors’ quotations is likely to continue in the near future

Tesla Motors share price showed an increase after CEO Elon Musk declared that Tesla Motors is working exclusively with Panasonic on the issue of production of batteries for electric cars. According to our estimates, stable demand and steady increase in the company's production is the basis for inclusion of Tesla Motors in the long-term portfolio with the potential for growth is 25-30% per annum in the medium term.

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