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.