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Tesla Motors Inc (NASDAQ:TSLA) stock price target increased to $216.16, issued a research note today by Vetr Inc.

Yesterday Tesla Motors Inc (NASDAQ:TSLA) traded 0.74% higher at $208.95. The company’s 50-day moving average is $212.37 and its 200-day moving average is $222.84. The last stock close price is down -6.22% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 2,394,358 shares of the stock were exchanged, down from an average trading volume of 3,444,740

In a report released on 09/26/2016 Vetr Inc. increased the stock price target of Tesla Motors Inc (NASDAQ:TSLA) to $216.16 indicating a possible upside of 0.03%.

Previously on 9/14/2016, Vetr Inc. reported about Tesla Motors Inc (NASDAQ:TSLA) raised the target price from $0.00 to $220.16. At the time, this indicated a possible upside of 0.12%.

See Chart Below

Tesla Motors Inc (NASDAQ:TSLA)

Tesla Motors Inc has a 52 week low of $141.05 and a 52 week high of $269.34 The company’s market cap is currently $0.

In addition to Vetr Inc. reporting its target price, a total of 12 firms have reported on the stock. The consensus target price is $244.67 with 4 firms rating the stock a strong buy, 5 firms rating the stock a buy, 5 firms rating the stock a hold, 6 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

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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