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Enter Symbol:
 
Tesla Motors Inc (TSLA) [hlAlert]

Rating:
Sell TSLA
down 9.97 %

Tesla Motors Inc (TSLA) downgraded to Sell with price target $28 by Wunderlich

Posted on: Wednesday,  Jul 18, 2012  8:25 AM ET by Wunderlich

Wunderlich rated Sell Tesla Motors Inc (NASDAQ: TSLA) on 07/18/2012. Previously Wunderlich rated Buy Tesla Motors Inc (NASDAQ: TSLA) on 03/26/2012.,
when the stock price was $35.39. Since then, Tesla Motors Inc has lost 9.97% as of 07/18/2012's recent price of $31.86.
If you would have followed the previous Wunderlich's recommendation on TSLA, you would have lost 9.97% of your investment in 114 days.

Tesla Motors, Inc. designs, develops, manufactures and sells electric vehicles and advanced electric vehicle powertrain components. The Company owns its sales and service network, and markets and sells its vehicles directly to consumers through the phone and Internet, in-person at its corporate events and through its network of Tesla stores. The Company commercially produces an electric vehicle, the Tesla Roadster. The Tesla Roadster offers acceleration and performance without producing any tailpipe emissions. In addition, it provides services for the development of electric powertrain components and sells electric powertrain components to other automotive manufacturers. On July 1, 2010, it introduced the Roadster 2.5, with new styling and an upgraded interior. As of December 31, 2010, it had delivered over 1,500 Tesla Roadsters to customers in 31 countries, almost all of which were sold in North America and Europe.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/18/2012 8:25 AM Sell
None
31.86 28.00
as of 12/31/2012
1 Week up  1.19 %
1 Month down  -0.14 %
3 Months down  -15.67 %
1 YTD down  -16.27 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/26/2012 8:25 AM Buy
None
35.39 49.00
1/17/2012 8:25 AM Buy
None
26.56 30.00
11/22/2011 8:25 AM Hold
None
31.73 30.00

(*) Stock Price at the time of the recommendation.
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