A statement released earlier today by Vetr Inc. about Tesla Motors Inc (NASDAQ:TSLA) bumps the target price to $197.97
- Updated: November 29, 2016
Vetr Inc. bumped up the target of Tesla Motors Inc (NASDAQ:TSLA) to $197.97 stating a potential upside of 0.01%.
On 11/28/2016, Vetr Inc. released a statement for Tesla Motors Inc (NASDAQ:TSLA) bumped up the target price from $0.00 to $200.43 that suggested an upside of 0.02%.
Boasting a price of $196.12, Tesla Motors Inc (NASDAQ:TSLA) traded -3.34% lower on the day. With the last stock price close down -9.82% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Tesla Motors Inc has recorded a 50-day average of $194.21 and a two hundred day average of $210.21. Volume of trade was down over the average, with 0 shares of TSLA changing hands under the typical 4,114,590
With a total market value of $0, Tesla Motors Inc has with a one year low of $141.05 and a one year high of $269.34 .
A total of 12 equity analysts have released a ratings update on TSLA. Four equity analysts rating the company a strong buy, five equity analysts rating the company a buy, five equity analysts rating the company a hold, six equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $244.67.
Brief Synopsis About Tesla Motors Inc (NASDAQ:TSLA)
Tesla Motors, Inc. designs, develops, manufactures and sells electric vehicles and energy storage products. The Company produces and sells two electric vehicles: the Model S sedan and the Model X sport utility vehicle (SUV). The Company has delivered over 107,000 Model S vehicles across the world. In addition to developing its own vehicles, it sells energy storage products. Its energy storage products include the seven kilowatt-hour and 10 kilowatt-hour Powerwall for residential applications, and the 100 kilowatt-hour Powerpack for commercial and industrial applications. The Company delivers energy storage products under the Tesla Energy brand. It manufactures its products primarily at its facilities in Fremont, California, Lathrop, California, Tilburg, Netherlands and at its Gigafactory near Reno, Nevada. The Company uses battery packs manufactured at the Gigafactory for its energy storage products.
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