Is Tesla Stock Ahead Of Itself ?

The problem with Tesla is,it is so far out in the future,said Erin Gibbs of S&P Capital IQ.The price target is 267.00.When you look at volatility,you're not getting paid for that upside.All of this hopeful,wishful thinking-we're thinking about 2016 and beyond.Yes,they have new models coming on,but it's far out in the future.*
Deutsche Bank,however,has a buy rating on the stock,with a 245.00 price target.Tesla's entry into home batteries is not being fully appreciated,according to DB.It's leasing option for the batteries means they will have perpetual customers and a revenue stream.With these stationary storage units,you can take power from the grid when it's cheapest,from 12 am to 4 am.*
Basically,Tesla is repackaging its electric car batteries as home and business energy storage systems.With its SolarCity sister company,which,along with SpaceX and Tesla,was also founded by South African-born Elon Musk,there is now an integrated system for both generating solar power and storing it onsite.It is an energy system that stabilises the power grid,protecting users from the swings in solar energy availability because of variable weather and electricity pricing.The system starts at 3500.00 for a residential battery pack.It does need installation and an invertor to convert the battery's direct current into the home's alternating current,which it is believed will almost double the setup cost.
Tesla has competitors in the energy storage business,such as Samsung SDI Co Ltd and Saft Groupe SA,as well ss Coda Energy.Yet demand for energy storage is predicted to experience strong growth in the years ahead as governments set higher targets for energy efficiency.That,plus Elon Musk's personal notoriety and Tesla's reputation for high quality and innovative products could help its stock price to continue to rise in the long term,despite its likely overvalued status at the moment.*
Tesla Motors (TSLA),SolarCity (SCTY)