Tesla Motors Inc. (TSLA): Today's Highlighted Performer In Automotive

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

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 0.1%. By the end of trading, Tesla Motors rose 91 cents (2.5%) to $37.53 on average volume. Throughout the day, 2.4 million shares of Tesla Motors exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in a price between $36.77-$38.52 after having opened the day at $37.10 as compared to the previous trading day's close of $36.62. Other companies within the Automotive industry that increased today were: SORL Auto Parts ( SORL), up 4.2%, Federal-Mogul ( FDML), up 3.2%, Strattec Security Corporation ( STRT), up 3.2%, and Supreme Industries ( STS), up 2.1%.
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Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components. Tesla Motors has a market cap of $4.12 billion and is part of the consumer goods sector. Currently there are six analysts that rate Tesla Motors a buy, one analyst rates it a sell, and three 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 robust revenue growth and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and poor profit margins.

On the negative front, China Zenix Auto International Ltd ADR ( ZX), down 3.2%, Quantum Fuel Systems Technologies Worldwide ( QTWW), down 3.1%, China Automotive Systems ( CAAS), down 3.1%, and Gentherm ( THRM), down 2.5%, were all laggards within the automotive industry with PACCAR ( PCAR) being today's automotive industry laggard.

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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