3 Auto Stocks Going Places: Tesla Fights Fire, Toyota’s Test Results, GM Seeks Power

Tesla Motors (NASDAQ:TSLA): Tesla has continued to trade down in the wake of a report that a Model S caught fire outside of Seattle on Wednesday, though analysts such as Deutsche Bank do not think that a single car fire wrecks the bull thesis on Tesla, even if the story creates some “negative pressure” in the short-term. Deutsche further notes that the accident — caused by a piece of metal lying in the road — comes after 83 million miles of safe Model S driving.

TSLA 20131003