Tesla Motors (TSLA) Shares are Down -10.1%

Tesla Motors (TSLA) : During the past 4 weeks, traders have been relatively bearish on Tesla Motors (TSLA), hence the stock is down -13.91% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -10.55% relative to the S&P 500. The 4-week change in the price of the stock is -14.02% and the stock has fallen -10.1% in the past 1 week.

The stock has recorded a 20-day Moving Average of 10.77% and the 50-Day Moving Average is 10.32%.The 200 Day SMA reached 8.99%. Tesla Motors, Inc. has dropped 10.38% during the last 3-month period . Year-to-Date the stock performance stands at -17.6%.


Tesla Motors (NASDAQ:TSLA): The stock opened in the green at $202.33 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $203.2 and a low of $196.2 for the day. The stock did not find buyers even at the lows and closed at $197.78 recording a loss of -1.49%. 5,977,413 shares exchanged hands during the trading day. The stock had closed at $200.77 in the previous days trading.

Tesla Motors, Inc. is a United States-based company, which designs, develops, manufactures and sells electric vehicles, electric vehicle powertrain components and stationary energy storage systems. The Company sells and produces a vehicle under the name Model S, which is a fully electric, four-door, five-adult passenger sedan. In addition to developing its own vehicles, it develops, sells, and services full electric powertrain systems and components to other automobile manufacturers. It also produces and sells stationary energy storage products for use in homes, commercial sites and utilities. The applications for these battery systems include backup power, peak demand reduction, demand response and wholesale electric market services. It sells its vehicles through its own sales and service network. The Company also offers the Model X electric car, Supercharger charging stations and Powerwall, a home battery.

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