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 0.4%. By the end of trading, Tesla Motors fell $4.31 (-2.4%) to $174.42 on light volume. Throughout the day, 7,228,513 shares of Tesla Motors exchanged hands as compared to its average daily volume of 10,154,600 shares. The stock ranged in price between $169.36-$180.59 after having opened the day at $178.30 as compared to the previous trading day's close of $178.73. Other companies within the Automotive industry that declined today were: Fuel Systems Solutions ( FSYS), down 6.3%, Motorcar Parts of America ( MPAA), down 4.0%, Gentherm ( THRM), down 3.3% and Quantum Fuel Systems Technologies Worldwide ( QTWW), down 3.2%.

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components. Tesla Motors has a market cap of $21.7 billion and is part of the consumer goods sector. Shares are up 18.8% 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 3 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, SORL Auto Parts ( SORL), up 5.9%, Thor Industries ( THO), up 5.8%, PACCAR ( PCAR), up 3.3% and Supreme Industries ( STS), up 3.0%.

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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