Tesla Motors Inc Begins Sending Out Invites For Model 3 Event

Several analysts have stated their opinion on the company shares. Morgan Stanley reduced their price target on shares of Tesla Motors from $450.00 to $333.00 and set an “overweight” rating for the company in a report on Monday, February 1st. The mean price target is determined and based on coming up with go through the consensus of 4 brokerage companies.

Invitations are now being sent out for the eagerly awaited debut of the Tesla Model 3 electric vehicle at the end of this month. Tesla Motors Inc. was the topic in 38 analyst reports since July 21, 2015 according to Stockz Intelligence Inc. Global Equities Research reaffirmed a “buy” rating and set a $385.00 target price on shares of Tesla Motors in a research report on Monday, January 4th. Janus Capital Management raised its position in shares of Tesla Motors by 757.2% in the third quarter. The fund owned 683,140 shares of the electric vehicle producer’s stock after selling 27,140 shares during the period. They now have a Dollars 325 price target on the stock. American Century Companies Inc. now owns 591,908 shares of the electric vehicle producer’s stock worth $142,064,000 after buying an additional 289,298 shares during the last quarter. However, 0 analysts issued a “HOLD RATING” for the company.

Both programs encouraged Tesla owners to refer friends by offering cash bonuses to both referrer and referred, and prizes for owners that made the most referrals in a given region.

02/03/2016 – Tesla Motors, Inc. had its “buy” rating reiterated by analysts at Dougherty & Co. The stock is up 3.56% or $6.96 after the news, hitting $202.7 per share.

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The average forecast of earning per share (EPS) for the present fiscal quarter for Corporation remains at $-1.30 while the earning per share (EPS) estimate for the present year is fixed at $-2.18 by 4.00 analysts. The Company provides services for the development of electric powertrain components and sells electric powertrain components to other automotive manufacturers. Finally, Vanguard Group Inc. boosted its stake in shares of Tesla Motors by 3.9% in the fourth quarter. The shares were sold at an average price of $229.49, for a total value of $1,147,450.00.

Tesla Motors, Inc. (Tesla) designs, develops, manufactures and sells electric vehicles and advanced electric vehicle powertrain components. The Company sells and produces a vehicle under the name Model S, which is a fully electric, four-door, five-adult passenger sedan.

 

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