Large Inflow of Money Detected in Tesla Motors

Tesla Motors (TSLA) stock had a bullish inflow of $120.58 million worth of trades on uptick and an outflow of $114.3 million in downticks on Monday. The total uptick to downtick ratio stood at 1.05. The net money flow into the stock was $6.28 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $3.12 million. $3.12 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Tesla Motors (TSLA) stock traded down $0.02 , and reached $225.59, a drop of -0.01% over the previous day. On a weekly basis, the stock is -1.93%, over the previous weeks close.


Tesla Motors, Inc. has dropped 0.25% in the last five trading days, however, the shares have posted positive gains of 2.35% in the last 4 weeks. Tesla Motors, Inc. is up 8.31% in the last 3-month period. Year-to-Date the stock performance stands at -6.01%.

Tesla Motors (NASDAQ:TSLA): The stock opened at $226.02 on Monday but the bulls could not build on the opening and the stock topped out at $229.50 for the day. The stock traded down to $224.93 during the day, due to lack of any buying support eventually closed down at $225.59 with a loss of -0.01% for the day. The stock had closed at $225.61 on the previous day. The total traded volume was 2,034,328 shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Tesla Motors Inc, Musk Kimbal had sold 460 shares worth of $103,210 in a transaction dated June 13, 2016. In this transaction, 460 shares were sold at $224.37 per share.

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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