Tesla Rises as Model S Sales Top ’13 Target to Finish Strong
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Tesla Motors Inc., the maker of high-end electric cars, rose to the highest price in more than two months after saying it delivered 6,900 Model S sedans in the fourth quarter, pushing full-year sales beyond a company target.
Tesla gained 5.8 percent to $170.60 at 9:43 a.m. in New York, after trading at $172.23, the highest level since Nov. 5. The automaker gave its forecast yesterday.