NEW YORK (TheStreet) -- Shares of Tesla Motors (TSLA) - Get Report were falling on heavy trading volume late Friday afternoon amid concerns about the electric vehicle manufacturer's ability to pay for its proposed acquisition of solar energy company SolarCity (SCTY), but Baird claims that recent stock weaknesses is a buying opportunity.

Tesla's near-term liquidity constraints and need to raise capital aren't new developments, the firm wrote yesterday in a note cited by Barron's.

The company had previously mentioned that a capital raise could be needed in late 2016 or early 2017, and CEO Elon Musk noted that dilution from any new funding would be in the low- to mid-single digits, Baird pointed out.

"We believe that recent pressure is overblown and would be buyers on any weakness," Baird said.

The firm reiterated an "outperform" rating and $388 price target on the stock.

Separately, TheStreet Ratings team rates the stock as a "sell" with a ratings score of D+.

Tesla Motors's weaknesses include its deteriorating net income and feeble growth in its earnings per share.

You can view the full analysis from the report here: TSLA

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.