Tesla Motors Inc. (TSLA): Today's Featured Automotive Winner

Tesla Motors Inc (TSLA) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day down 2.2%. By the end of trading, Tesla Motors Inc rose $1.01 (3%) to $34.94 on heavy volume. Throughout the day, 1.8 million shares of Tesla Motors Inc exchanged hands as compared to its average daily volume of 971,300 shares. The stock ranged in a price between $33.40-$35 after having opened the day at $33.69 as compared to the previous trading day's close of $33.93. Other companies within the Automotive industry that increased today were: Strattec Security Corporation (STRT), up 4.3%, Supreme Industries Inc (STS), up 3.7%, and Visteon (VC), up 1.7%.

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and advanced electric vehicle powertrain components. It offers Tesla Roadster, an electric sports car. Tesla Motors Inc has a market cap of $3.5 billion and is part of the consumer goods sector. Shares are up 24.7% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Tesla as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share and deteriorating net income.

On the negative front, Marine Products Corporation (MPX), down 9.1%, Quantum Fuel Systems Technologies Worldwide (QTWW), down 5.8%, Wabco Holdings Incorporated (WBC), down 5.8%, and Meritor Inc (MTOR), down 5.2%, were all losers within the automotive industry with Honda Motor (HMC) being today's automotive industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the automotive industry could consider Consumer Discretionary Sel Sec SPDR (XLY) while those bearish on the automotive industry could consider ProShares Ultra Sht Consumer Goods (SZK).

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