Large Outflow of Money Witnessed in Tesla Motors

Tesla Motors (TSLA) : Mondays money flow analysis of Tesla Motors (TSLA) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $211.75 million. In comparison, the inflow of money on upticks was a meager $205.27 million. The dollar value of composite uptick trades minus the downtick trades was negative $6.49 million. The uptick to downtick ratio of 0.97 in the money flow shows weakness. The downtick transaction value was high at $22.36 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($22.36 million). Tesla Motors (TSLA) gained $5.85 at $226.25, a change of 2.65% over the previous days close.


Tesla Motors, Inc. has dropped 10.88% during the last 3-month period . Year-to-Date the stock performance stands at -5.73%. Shares of Tesla Motors, Inc. rose by 0.65% in the last five trading days and 3.82% for the last 4 weeks. 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 (NASDAQ:TSLA): stock turned positive on Monday. Though the stock opened at $219.64, the bulls momentum made the stock top out at $227.09 level for the day. The stock recorded a low of $218.3 and closed the trading day at $226.25, in the green by 2.65%. The total traded volume for the day was 3,412,055. The stock had closed at $220.4 in the previous days trading.

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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