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

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 lower today making it today's featured Automotive laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Tesla Motors fell $5.75 (-4.0%) to $138.95 on average volume. Throughout the day, 13,068,483 shares of Tesla Motors exchanged hands as compared to its average daily volume of 11,782,600 shares. The stock ranged in price between $137.13-$144.43 after having opened the day at $144.32 as compared to the previous trading day's close of $144.70. Other companies within the Automotive industry that declined today were: Marine Products Corporation ( MPX), down 5.0%, Fuel Systems Solutions ( FSYS), down 4.1%, China Automotive Systems ( CAAS), down 2.6% and Superior Industries International ( SUP), down 1.9%.

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components. Tesla Motors has a market cap of $15.2 billion and is part of the consumer goods sector. Shares are up 266.6% year to date as of the close of trading on Tuesday. 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 sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and poor profit margins.

On the positive front, Quantum Fuel Systems Technologies Worldwide ( QTWW), up 7.6%, Icahn ( IEP), up 3.9%, Meritor ( MTOR), up 2.8% and American Axle & Mfg Holdings ( AXL), up 1.9% , were all gainers within the automotive industry with General Motors ( GM) being today's featured automotive industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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