Tesla Shares Charge on Upgrade, Disney Lacks Near-Term Catalysts, and 3 More Hot Stocks

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Tesla Motors (NASDAQ:TSLA): A bullish note from Deutsche Bank has set shares of Tesla racing nearly 8 percent in trading. The bank said, “based on conversations with [management] and monitoring information available on Tesla owners’ blogs, we believe that the company is on-track to modestly outperform Q3 margin expectations, that demand has continued to grow in the US and Europe.” Recent price hikes on options have also had little to no effect on Model S demand, while 22 percent of the company’s float remains shorted. The bank has a $200 price target on Tesla shares.

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