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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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 0.4%. By the end of trading, Tesla Motors rose $5.23 (4.0%) to $134.62 on average volume. Throughout the day, 9,660,490 shares of Tesla Motors exchanged hands as compared to its average daily volume of 11,458,600 shares. The stock ranged in a price between $128.25-$135.37 after having opened the day at $129.32 as compared to the previous trading day's close of $129.39. Other companies within the Automotive industry that increased today were: Supreme Industries ( STS), up 7.2%, China Zenix Auto International ( ZX), up 2.4%, Harley-Davidson ( HOG), up 1.9% and Allison Transmission Holdings ( ALSN), up 1.5%.

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components. Tesla Motors has a market cap of $14.3 billion and is part of the consumer goods sector. Shares are up 266.3% year to date as of the close of trading on Friday. 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, China Automotive Systems ( CAAS), down 5.9%, Wabash National Corporation ( WNC), down 5.8%, Modine Manufacturing Company ( MOD), down 3.9% and Fuel Systems Solutions ( FSYS), down 3.6%.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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