Tesla with ticker code (TSLA) have now 30 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 734 and 44.52 and has a mean target at 292.67. Now with the previous closing price of 352.7 this now indicates there is a potential downside of -17.0%. There is a 50 day moving average of 335.39 and the 200 day moving average is 257.28. The company has a market capitalisation of $64,831m. Company Website: http://www.tesla.com
Tesla designs, develops, manufactures, and sells electric vehicles, and energy generation and storage systems in the United States, China, Netherlands, Norway, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers sedans and sport utility vehicles. It also provides electric vehicle powertrain components and systems to other manufacturers; and services for electric vehicles through its company-owned service centers, Service Plus locations, and Tesla mobile technicians. This segment sells its products through a network of company-owned stores and galleries. The Energy Generation and Storage segment offers energy storage products, such as rechargeable lithium-ion battery systems for use in homes, commercial facilities, and utility grids; designs, manufactures, installs, maintains, leases, and sells solar energy systems to residential and commercial customers; and sell renewable energy to residential and commercial customers. The company was formerly known as Tesla Motors and changed its name to Tesla in February 2017. Tesla was founded in 2003 and is headquartered in Palo Alto, California.