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Tuff-Stuff

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Re: Tuff-Stuff post# 562301

Tuesday, 03/31/2015 8:08:30 AM

Tuesday, March 31, 2015 8:08:30 AM

Post# of 648882
Tesla new product likely a stationary storage application, says BofA/Merrill


BofA/Merrill believes Tesla's new product offering is likely a stationary storage application, which was teased during the Q4 conference call. The firm believes the 3% move higher yesterday is overdone and the potential market for residential stationary storage is much further away than Tesla's 2020 profitability target.

BofA/Merrill rates Tesla an Underperform with a $65 price target

Pray for A Pain Free Day!

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