Finally some good news for Tesla Motors Inc TSLA. Shares surged today after analysts issue positive reports and German regulators find no fault with the Model S after the recent fires.
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.