NEW YORK (TheStreet) -- Tesla Motors (TSLA) shares are up 1.7% to $243.25 on Monday after research firm Strategic Vision said the electric vehicle maker has the best "perceived quality" among vehicle owners based on its survey.
The firm said that the company scored highest on its latest 'Total Quality Index' survey.
The study involved 38,361 owners who ranked vehicles and car companies in numerous categories.
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TheStreet Ratings team rates TESLA MOTORS INC as a Hold with a ratings score of C-. TheStreet Ratings Team has this to say about their recommendation:
"We rate TESLA MOTORS INC (TSLA) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and poor profit margins."