Tesla Motors Inc (TSLA) Files Form 4 Insider Selling : John Douglas Field Sells 1,000 Shares

Tesla Motors Inc (TSLA): John Douglas Field , VP, Engineering of Tesla Motors Inc sold 1,000 shares on Jun 7, 2016. The Insider selling transaction was reported by the company on Jun 9, 2016 to the Securities and Exchange Commission. The shares were sold at $230.75 per share for a total value of $230,916.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 26, 2016, Elon Musk (CEO) sold 2,782,670 shares at $213.22 per share price.On May 16, 2016, Brad W Buss (director) sold 15,333 shares at $207.84 per share price.Also, On May 4, 2016, Kimbal Musk (director) sold 5,555 shares at $239.29 per share price.On Apr 28, 2016, John Douglas Field (VP, Engineering) sold 1,000 shares at $252.48 per share price.

Shares of Tesla Motors Inc (TSLA) ended Thursday, Jun 9, 2016 session in red amid volatile trading. The shares closed down -6.16 points or -2.62% at $229.36 with 44,92,075 shares getting traded. Post opening the session at $234.98, the shares hit an intraday low of $227.06 and an intraday high of $235.33 and the price vacillated in this range throughout the day. The company has a market cap of $30,722 M and the number of outstanding shares has been calculated to be 13,39,44,622 shares. The 52-week high of Tesla Motors Inc is $286.65 and the 52-week low is $141.05.

Tesla Motors Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Tesla Motors Inc is Initiated by Piper Jaffray to Neutral and the brokerage firm has set the Price Target at $223. The Rating was issued on Jun 10, 2016.Tesla Motors Inc is Initiated by Sterne Agee CRT to Buy and the brokerage firm has set the Price Target at $300. The Rating was issued on Jun 3, 2016.Tesla Motors Inc is Reiterated by RBC Capital Mkts to Sector Perform while Lowering the Price Target of the company shares to $ 242 from a previous price target of $252 . The Rating was issued on May 25, 2016.Tesla Motors Inc is Upgraded by Goldman to Buy and the brokerage firm has set the Price Target at $250. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on May 18, 2016.Tesla Motors Inc is Resumed by Dougherty & Company to Buy and the brokerage firm has set the Price Target at $500. The Rating was issued on May 9, 2016.

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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