• All
  • Company Report

TSLA – Tesla Q3 FY18 – Time to Buy is NOW!!

We upgrade our rating to “Buy” and our TP to $393 (previously $347) for FY19 for Tesla. Our price target of $393 is based on EV/Sales multiple of ~2.3x for FY19. We expect TSLA to provide revenue growth of ~82% and ~51% for FY18 and FY19 respectively