Large Outflow of Money Witnessed in Tesla Motors

Tesla Motors (TSLA) : The total money flow in Tesla Motors (TSLA) was negative ($6.34 million), which signals selling by the traders on Tuesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $219.15 million. In comparison, the inflow of money into the stock on upticks was $212.82 million. The uptick to downtick ratio was 0.97. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $12.96 million. The negative money flow of ($12.96 million) confirms the selling in Tesla Motors (TSLA) on strength. Tesla Motors (TSLA) gained $0.07 at $224.85, a gain of 0.03% over the previous days close. However, the stock registered 3.72% in the week.


The company Insiders own 27.7% of Tesla Motors shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -0.24% . Institutional Investors own 65.53% of Tesla Motors shares. During last six month period, the net percent change held by insiders has seen a change of -0.85%. In an insider trading activity, Musk Kimbal, director of Tesla Motors Inc, unloaded 460 shares at an average price of $224.37 on June 13, 2016. The total amount of the transaction was worth $103,210, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Shares of Tesla Motors, Inc. rose by 4.99% in the last five trading days and 2.68% for the last 4 weeks. Tesla Motors, Inc. has dropped 9.35% during the last 3-month period . Year-to-Date the stock performance stands at -6.4%.

Tesla Motors (NASDAQ:TSLA): On Tuesdays trading session , Opening price of the stock was $224.1 with an intraday high of $227.5. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $223.22. However, the stock managed to close at $224.65, a loss of 0.06% for the day. On the previous day, the stock had closed at $224.78. The total traded volume of the day was 4,576,165 shares.

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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