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Tesla Says Picture Shared by Investor Isn't the New Model S

  • Citron Research founder Andrew Left published picture Friday
  • Photo was published online last year by a car designer
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Another Wild Week for Tesla's Elon Musk
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Tesla Inc. said a photograph published by Citron Research founder Andrew Left on Friday isn’t the new Model S sedan.

Left wrote in a report that he expects Tesla shares to rise back to $320, roughly where they finished at the end of February. The stock has slumped since then, closing at $284.14 on Friday, after Chief Executive Officer Elon Musk slashed the prices of Tesla cars and announced the company will close almost all its stores.