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Oppenheimer Senior Research Analyst Colin Rusch told CNBC that the firm is impressed by Tesla's (TSLA) new Model S sedan and Model X SUV.
NYU Stern Business School Finance Professor Aswath Damodaran told CNBC that cash flow is not necessarily a bad thing for up-and-coming companies like Tesla (TSLA).
Earlier momentum deflated by the end of the day, though Wall Street did manage to close with slight gains.