Tesla Motors Inc. (NASDAQ:TSLA)’s share price was up 2.5% during trading on Monday . The company traded as high as $229.49 and last traded at $227.85, with a volume of 2,910,688 shares traded. The stock had previously closed at $222.27.

A number of equities analysts recently commented on TSLA shares. Goldman Sachs Group Inc. restated a “buy” rating on shares of Tesla Motors in a report on Thursday, March 31st. JPMorgan Chase & Co. restated an “underweight” rating and issued a $170.00 price objective (up previously from $155.00) on shares of Tesla Motors in a report on Tuesday, April 19th. RBC Capital Markets set a $210.00 price objective on Tesla Motors and gave the stock a “hold” rating in a report on Thursday, July 21st. Morgan Stanley restated an “equal weight” rating and issued a $245.00 price objective on shares of Tesla Motors in a report on Thursday, July 14th. Finally, Barclays PLC set a $165.00 price objective on Tesla Motors and gave the stock a “sell” rating in a report on Tuesday, July 19th. Five equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $258.74.

The firm has a 50-day moving average of $217.77 and a 200-day moving average of $213.59. The company’s market cap is $30.96 billion.

Tesla Motors (NASDAQ:TSLA) last issued its quarterly earnings results on Wednesday, May 4th. The electric vehicle producer reported ($0.57) earnings per share for the quarter, beating the consensus estimate of ($0.61) by $0.04. The company earned $1.60 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same period in the previous year, the company posted ($0.36) EPS. The company’s quarterly revenue was up 45.1% on a year-over-year basis. On average, equities research analysts forecast that Tesla Motors Inc. will post $0.34 earnings per share for the current fiscal year.

In other news, Director Brad W. Buss sold 15,333 shares of the stock in a transaction dated Friday, May 13th. The stock was sold at an average price of $207.75, for a total value of $3,185,430.75. Following the completion of the sale, the director now owns 9,215 shares of the company’s stock, valued at $1,914,416.25. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Kimbal Musk sold 460 shares of the stock in a transaction dated Monday, June 13th. The shares were sold at an average price of $224.37, for a total value of $103,210.20. Following the completion of the sale, the director now directly owns 151,865 shares of the company’s stock, valued at approximately $34,073,950.05. The disclosure for this sale can be found here.

Other large investors recently modified their holdings of the company. Gabelli Funds LLC bought a new stake in shares of Tesla Motors during the fourth quarter valued at $3,672,000. Vanguard Group Inc. raised its stake in shares of Tesla Motors by 3.9% in the fourth quarter. Vanguard Group Inc. now owns 4,128,703 shares of the electric vehicle producer’s stock valued at $990,930,000 after buying an additional 155,561 shares during the last quarter. Gulf International Bank UK Ltd raised its stake in shares of Tesla Motors by 6.9% in the fourth quarter. Gulf International Bank UK Ltd now owns 28,861 shares of the electric vehicle producer’s stock valued at $6,927,000 after buying an additional 1,870 shares during the last quarter. Tredje AP fonden raised its stake in shares of Tesla Motors by 2.0% in the fourth quarter. Tredje AP fonden now owns 6,235 shares of the electric vehicle producer’s stock valued at $1,496,000 after buying an additional 121 shares during the last quarter. Finally, Cornerstone Capital Management Holdings LLC. raised its stake in shares of Tesla Motors by 23.5% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 4,200 shares of the electric vehicle producer’s stock valued at $1,008,000 after buying an additional 800 shares during the last quarter.

Tesla Motors, Inc designs, develops, manufactures and sells electric vehicles and energy storage products. The Company produces and sells two electric vehicles: the Model S sedan and the Model X sport utility vehicle (SUV). The Company has delivered over 107,000 Model S vehicles across the world. In addition to developing its own vehicles, it sells energy storage products.

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