thecountrycaller : Tesla Motors Inc (TSLA) still a Growth Catalyst for Mobileye NV (MBLY)

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Tesla Motors Inc (TSLA) still a Growth Catalyst for Mobileye NV (MBLY)

Tesla Motors Inc (TSLA) still a Growth Catalyst for Mobileye NV (MBLY)

Published By: Eunice Gettys on October 20, 2016 01:19 pm ESTTesla Motors Inc (NASDAQ:TSLA) recently revealed that it intends on integrating several types of hardware to facilitate driverless technology in vehicles.Meanwhile, recently, one of its major component supplier Mobileye NV (NYSE:MBLY) announced that it was no longer working with Tesla.Investment firm Raymond James in an updated research note sent out to clients and investors today weighed in on Mobileye's prospects in regards to the aforementioned developments.

Tesla: Was This Fluff Or The Future? - Tesla Motors (NASDAQ:TSLA)

Tesla: Was This Fluff Or The Future? - Tesla Motors (NASDAQ:TSLA)

On Wednesday night, Tesla Motors (NASDAQ:TSLA) finally came out with the announcement we had been waiting for.After delaying the news for a few days, the company announced that all new vehicles will be loaded with self-driving hardware.While the news seemed to get mostly a yawn online, there is more to this story than the headline.

Tesla Motors Inc. (TSLA) PT Set at $338.00 by Robert W. Baird

Tesla Motors Inc. (TSLA) PT Set at $338.00 by Robert W. Baird

Tesla Motors Inc. (NASDAQ:TSLA) received a $338.00 price target from equities research analysts at Robert W. Baird in a research report issued to clients and investors on Thursday.The firm presently has a a "buy" rating on the electric vehicle producer's stock.Robert W. Baird's price objective suggests a potential upside of 68.92% from the company's current price.

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