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 up 1.1%. By the end of trading, Tesla Motors rose $4.68 (3.2%) to $149.58 on light volume. Throughout the day, 6,357,652 shares of Tesla Motors exchanged hands as compared to its average daily volume of 10,746,600 shares. The stock ranged in a price between $147.00-$149.78 after having opened the day at $148.65 as compared to the previous trading day's close of $144.90. Other companies within the Automotive industry that increased today were: China Automotive Systems ( CAAS), up 4.5%, Marine Products Corporation ( MPX), up 4.2%, Federal-Mogul ( FDML), up 4.0% and Miller Industries ( MLR), up 3.6%.

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components. Tesla Motors has a market cap of $17.2 billion and is part of the consumer goods sector. Shares are up 319.3% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Tesla Motors a buy, 1 analyst rates it a sell, and 4 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 6.3%, Honda Motor ( HMC), down 2.2% and Strattec Security Corporation ( STRT), down 1.6% , were all laggards within the automotive industry with Toyota Motor ( TM) 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).

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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