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USA: Tesla Motors Inc. (TSLA): Today’s Featured Automotive Winner

Tesla TSLA) pushed the Automotive industry higher today making it today’s featured automotive winner. The industry as a whole closed the day up 0.2%. By the end of trading, Tesla Motors rose 45 cents (1.3%) to $34.87 on average volume. Throughout the day, 948,410 shares of Tesla Motors exchanged hands as compared to its average daily volume of one million shares. The stock ranged in a price between $34.03-$34.98 after having opened the day at $34.20 as compared to the previous trading day’s close of $34.42. Other companies within the Automotive industry that increased today were: Enova Systems (ENA), up 25.6%, Federal Signal (FSS), up 3.5%, Swift Transportation (SWFT), up 3%, and Wabash National Corporation (WNC), up 2.2%.

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and advanced electric vehicle powertrain components. It offers Tesla Roadster, an electric sports car. Tesla Motors has a market cap of $3.41 billion and is part of the consumer goods sector. Shares are up 29.3% year to date as of the close of trading on Monday. Currently there are seven analysts that rate Tesla Motors a buy, one analyst rates it a sell, and one rates it a hold.


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