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 up 1.8%. By the end of trading, Tesla Motors rose $4.85 (4.2%) to $120.09 on light volume. Throughout the day, 6,783,251 shares of Tesla Motors exchanged hands as compared to its average daily volume of 9,583,300 shares. The stock ranged in a price between $115.70-$120.28 after having opened the day at $118.32 as compared to the previous trading day's close of $115.24. Other companies within the Automotive industry that increased today were: Marine Products Corporation ( MPX), up 7.0%, Navistar International ( NAV), up 5.9%, Dana ( DAN), up 4.9% and Shiloh Industries ( SHLO), up 4.6%.

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components. Tesla Motors has a market cap of $13.6 billion and is part of the consumer goods sector. Shares are up 247.9% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Tesla Motors a buy, 1 analyst rates it a sell, and 3 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, solid stock price performance and increase in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins.

On the negative front, Quantum Fuel Systems Technologies Worldwide ( QTWW), down 5.0% and Westport Innovations ( WPRT), down 1.9%.

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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