Shares of Tesla Motors Inc. (NASDAQ:TSLA) traded down 1.6% on Monday . The company traded as low as $215.21 and last traded at $216.57, with a volume of 2,035,656 shares traded. The stock had previously closed at $219.99.

Several analysts recently commented on the stock. Deutsche Bank AG reissued a “hold” rating and set a $290.00 price objective (up from $280.00) on shares of Tesla Motors in a research report on Tuesday, May 3rd. Stifel Nicolaus reissued a “buy” rating and set a $325.00 price objective on shares of Tesla Motors in a research report on Tuesday, May 3rd. Vetr raised shares of Tesla Motors from a “sell” rating to a “hold” rating and set a $238.61 price objective on the stock in a research report on Monday, May 2nd. Robert W. Baird reissued a “buy” rating and set a $338.00 price objective on shares of Tesla Motors in a research report on Monday, August 1st. Finally, Zacks Investment Research downgraded shares of Tesla Motors from a “hold” rating to a “sell” rating in a research report on Wednesday, June 8th. Five equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $257.08.

The company has a 50-day moving average of $225.39 and a 200-day moving average of $218.79. The stock’s market capitalization is $32.00 billion.

Tesla Motors (NASDAQ:TSLA) last issued its earnings results on Wednesday, August 3rd. The electric vehicle producer reported ($1.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.51) by $0.55. The business earned $1.56 billion during the quarter, compared to analyst estimates of $1.67 billion. During the same period in the previous year, the business earned ($0.48) earnings per share. The firm’s revenue was up 30.5% on a year-over-year basis. On average, equities research analysts anticipate that Tesla Motors Inc. will post ($0.84) EPS for the current fiscal year.

In other Tesla Motors news, VP John Douglas Field sold 1,000 shares of the firm’s stock in a transaction on Tuesday, June 7th. The stock was sold at an average price of $230.92, for a total value of $230,920.00. Following the completion of the sale, the vice president now directly owns 12,292 shares of the company’s stock, valued at approximately $2,838,468.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kimbal Musk sold 460 shares of the firm’s stock in a transaction on Monday, June 13th. The stock was 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 $34,073,950.05. The disclosure for this sale can be found here.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.