By Ben Levisohn
Tesla Motors (TSLA) inexorable rise continues today, thanks to an expansion in Europe and some positive comments from Morgan Stanley. But the real beneficiaries have been
batteryfuel-cell makers like FuelCell Energy (FCEL), Plug Power (PLUG) and Ballard Power Systems (BLDP).
First up: Tesla’s European expansion. FromTesla’s press release:
Morgan Stanley’s Stephen Byrd and team believe Tesla’s big move in batteries could be bad news for utilities. They explain:
Shares of Tesla have gained 2.4% to $256.48 at 10:41 a.m., while SunEdison has jumped 11% to $20.79, FuelCell Energy has surged 23% to $2.66, Plug Power has spiked 19% to $6.90 and Ballard Power Systems is up a whopping 24% at $5.25.