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The Woo Group Targets Long Position In Tesla Motors

09-24-2013 06:43 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Woo Group

Aug. 20, 2013 - HONG KONG -- Tesla Motors´ stock has spiked 340% this year, but many market analysts and institutional investors have denounced Tesla Motors as being a bubble. They argue that the stock is at least eight times overvalued, which may be true, if you value them as a car manufacturer. Tesla´s management surely realizes this, but instead of selling their stake for a massive profit, Elon Musk, Tesla´s CEO, purchased 1.08 million shares in May and has left them untouched.

Tesla Motors is not only a car company, their alternative revenue streams are left out of calculations by many Market Analysts. They have started serious competition in the electric vehicle market; competitors are hurrying to lower prices to capitalize on the demand Musk and his company has created. Tesla and Musk were able to create demand by making the car exclusive.

Their most lucrative future revenue stream will be their supercharging stations. They are being built across the United States and Canada and more slowly in Asia and Europe. Analyst at The Woo Group believe that Tesla will sign deals with other car manufacturers to allow them to be compatible with Tesla´s charging stations, which is much simpler than creating their own infrastructure of stations.

Contrary to what many believe, major car manufactures are not competing with Tesla but rather investing in and building partnerships with it. Both Mercedes and Toyota have built cars with Tesla engines. The world is ready for sustainable technologies and over the next few years the market for these technologies will grow exponentially. Tesla is spearheading this revolution.

The Woo Group has purchased a large position and plans to be in Tesla for the long run. Analysts at the company set the target share price for the next six months to rise to $160 and see massive growth potential over the next 5 years.

The Woo Group is privately owned and funded by the Woo family here in Hong Kong, we have no shareholders or investors.

The Woo Group was established in 2002 by the founding fathers Jon and Jason Woo, of the Hong Kong Woo family, whose enormous wealth and expertise in the financial industry ensured immediate success, which The Woo Group continues to enjoy today.

In its infancy The Woo Group employed only 15 members of staff, a number that has now grown to over 800 making The Woo Group the largest, not to mention most prestigious equity research house in Hong Kong.

Two International Finance Centre, 8 Finance Street, Hong Kong 999077
Tel: +852 5808 0780
Fax: +852 3006 291
Email: contactus@thewoogroup.com
Website: http://www.thewoogroup.com/

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