Silicon Valley News

Wednesday, March 28, 2012

Tesla Motors is climbing a steep hill

Tesla Motors stock price is near an all time high

The nascent electric car market has many naysayers. Many suspect Tesla Motors, the poster child of the electric vehicle movement, is running on fumes and will ultimately have to pull the EV plug.

But at the moment, Tesla is driving in the fast lane. Its stock price is near an all time high because of high expectations for its Model S sedan and Model X SUV. The Model S, which is scheduled for launch in July, is the subject of a feature article in the Wall Street Journal. The Model X, slated for production late next year, is touted in recent articles in both the San Francisco Chronicle and Chicago Tribune.