Bidness Etc - Tesla Stock Bears A Loss At 26%

Tesla Motors is expected to trade downwards in the upcoming financial weeks by analysts.

Tesla Motors has been experiencing a fluctuating pace on the stock market for quite some time now with the share price not trading anywhere around $200 which has been deemed as the target price for the company’s stock by the equity analysts. Analysts who have been covering the stock of the auto making company have high expectations from it as the firm has been producing cars of extraordinary quality since the time it was founded. The electric car makers have been trading towards a downfall which has left the investors and shareholders in anticipation of the upcoming stock activities of the auto giant.

The price target of $200 that has been set by the average analysts on Tesla Motor’s stock has been coming off as a pressure on the company in the stock market as it has been not performing well for the past two financial weeks. Among the equity firms that have been covering the stock of the company, FBR & Co is one of them which has granted the electric auto car giants a ‘market perform’ rating after analyzing the fact that currently the company is facing difficult time which might get elongated in the few upcoming weeks. The analysts expect that this time could even turn out to be one of the roughest times that the Model S Car producers face.

On the other hand, the FBR analysts have decided to present a target price of $150 to the shares of Tesla after taking a close look on the stock value. This target that has been set by the analysts shows that they have expectations for the company to trade in a downward manner in the upcoming weeks which is why the expected target is 26% less that the current trading value of the shares. Some analysts also believe that this price target is quite a neutral stance taken by the analysts who are analyzing the stock, as the hybrid car makers have a tendency to trade in quite an unexpected way. This means that it has been concluded that the company might trade either way and to give it such a target on the stock makes complete sense.

As for the sales in China that Tesla is expecting to improve at, the analysts have been noticing some positive changes which give out a signal to the auto makers that the company might as well succeed in making a mark in the Asian country. The failures faced by the company in the country have been taken a look at by the CEO of the firm as well.