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And Wunderlich's Theodore O'Neill said Friday's stock drop wasn't warranted, though he maintains some reservations about the company. "There are a lot of ways the launch of the Model S could go wrong: supplier issues, manufacturing glitches, a host of unknowns, but we wouldn't count the news on Friday as one of those items," O'Neill wrote in his note. "The Model S appears to be much further along than anything that the loss of these executives could impact." THE SHARES: By midday Tuesday, Tesla shares were up $4.28, or 19 percent, trading at $27.07, and had traded as high as $27.33, erasing most of Friday's drop. Over the past 52 weeks, they have traded between $21.11 and $32.49.
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