Tesla Eyes Production Ramp, Lockheed Martin Program Gets a Price Check, and 3 More Hot Stocks

Tesla Motors (NASDAQ:TSLA): In an interview with CNBC, CEO Elon Musk projected that the automaker can reach an annual production of 40,000 units by the end of next year, about double the company’s current rate. Although Tesla has been flaunting the 40,000 units figure for some time, it appears that the EV maker is on track to meet its ambitious production goals and perhaps more importantly, reinforce the company’s colossal market valuation.

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