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

Tesla Motors (TSLA) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day down 0.2%. By the end of trading, Tesla Motors rose $1.93 (6.5%) to $31.84 on average volume. Throughout the day, 1.3 million shares of Tesla Motors exchanged hands as compared to its average daily volume of 1.2 million shares. The stock ranged in a price between $29.50-$32.33 after having opened the day at $29.94 as compared to the previous trading day's close of $29.91. Other companies within the Automotive industry that increased today were: ATC Venture Group (ATC), up 25.2%, China Zenix Auto International Ltd ADR (ZX), up 6.1%, Fuel Systems Solutions (FSYS), up 3.8%, and Quantum Fuel Systems Technologies Worldwide (QTWW), up 3.5%.

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components. The company offers Tesla Roadster, an electric sports car. Tesla Motors has a market cap of $3.09 billion and is part of the consumer goods sector. Shares are up 2.9% year to date as of the close of trading on Friday. Currently there are seven analysts that rate Tesla Motors a buy, two analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Tesla Motors as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.

• You can view the full Tesla Ratings Report.

On the negative front, Enova Systems (ENA), down 26.1%, Amerigon (THRM), down 5.8%, Amerigon (ARGN), down 5.8%, and Federal Signal (FSS), down 4.6%, were all losers within the automotive industry with Wabco Holdings Incorporated (WBC) being today's automotive industry loser.

• Use our automotive section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

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).

• Find other investment ideas from our top rated ETFs lists.

 

For more information on Tesla Motors Inc. click any of the following:

• Tesla Motors Inc. Stock Price

• Tesla Motors Inc. Analyst Ratings

• Tesla Motors Inc. Key Stats & Profile

• Tesla Motors Inc. Earnings

• Tesla Motors Inc. Ratio Comparison

• Tesla Motors Inc. Growth Rates

• Tesla Motors Inc. Balance Sheet

• Tesla Motors Inc. Cash Flow

• Tesla Motors Inc. Income Statement