Vetr Inc. announced Tesla Motors Inc (NASDAQ:TSLA), bumping up its stock price target to $213.40 today
- Updated: October 3, 2016
Having a price of $204.03, Tesla Motors Inc (NASDAQ:TSLA) traded 4.74% higher on the day. With the last stock price down -3.92% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. TSLA has recorded a 50-day average of $209.48 and a two hundred day average of $222.41. Trade Volume was up over the average, with 5,999,892 shares of TSLA changing hands over the typical 3,243,280
In a report issued Monday October 03, 2016 Vetr Inc. raised the target price of Tesla Motors Inc (NASDAQ:TSLA) to $213.40 stating a potential upside of 0.05%.
On 9/27/2016, Vetr Inc. released a statement about Tesla Motors Inc (NASDAQ:TSLA) upped the target price from $0.00 to $216.13 that suggested an upside of 0.05%.
Recent Performance Chart
Tesla Motors Inc has with a one year low of $141.05 and a one year high of $269.34 and has a market capitalization of $0.
A total of 12 brokerages have issued a ratings update on Tesla Motors Inc. Four brokerages rating the company a strong buy, five brokerages rating the company a buy, five brokerages rating the company a hold, six brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $244.67.
General Company Details For 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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