Shares of Tesla Motors (TSLA) Sees Large Inflow of Net Money Flow

Tesla Motors (TSLA): $8.09 million was the positive money flow into the stock on Friday and the up/down ratio of ticks was also in favor of the bulls at 1.18. The value of trades done on upticks was $53.32 million, whereas, trades done on downticks were valued at $45.23 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $6.87 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $6.87 million. Tesla Motors (TSLA) fell $0.02 traded at $220.48, a change of -0.01% over the previous day. The stock is 0.04% for the week.


Tesla Motors (TSLA) : 14 investment research analysts covering Tesla Motors (TSLA) have an average price target of $233.29 for the near short term. The highest target price given by the Brokerage Firm to the stock is $500 and the lowest target is $120 for the short term. Analysts expect the variance to be within $98.66 of the average price.

Tesla Motors (NASDAQ:TSLA): stock turned positive on Friday. Though the stock opened at $221.99, the bulls momentum made the stock top out at $224.5 level for the day. The stock recorded a low of $218.88 and closed the trading day at $222.27, in the green by 0.80%. The total traded volume for the day was 2,579,692. The stock had closed at $220.5 in the previous days trading.

In a related news,The director of Tesla Motors Inc, Musk Kimbal sold 460 shares at $224.37 on June 13, 2016. The Insider selling transaction had a total value worth of $103,210. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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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