The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
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But how far is Tesla Motors Inc (NASDAQ:TSLA) away from a drag of 0.20? The Washington-based Zevenbergen Capital Investments Llc has invested 6.81% in the stock.
In other Tesla Motors news, insider Jeffrey B. Straubel sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th. S&P 500 has rallied 0.07% during the last 52-weeks. The company has a 50-day moving average price of $221.68 and a 200-day moving average price of $245.12.
Vetr downgraded shares of Tesla Motors (NASDAQ:TSLA) from a strong-buy rating to a buy rating in a research note released on Tuesday, MarketBeat Ratings reports.
Currently, Apple Inc. (NASDAQ:AAPL) moved in green zone with rise of 0.44% to $119.30. Tesla Motors has a 52 week low of $181.40 and a 52 week high of $286.65. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $95.84.
The Model S earned the maximum 5-star safety rating from NHTSA.
Brief Financial Summary: For the fiscal year ended 26 September 2015, Apple Inc. revenues raised 28% to $233.72B. Also, VP Gregory Reichow sold 12,709 shares of the company’s stock in a transaction that occurred on Friday, November 6th. The company’s market cap is $29.03 billion.
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Regulators in Hong Kong issued a warning to Model S owners: “Although vehicles may be equipped with advanced driver assistance systems, the roads in Hong Kong are extremely busy, and motorists should stay alert [and] maintain control of the vehicle.” as reported by The Wall Street Journal. Elon Musk, Tesla CEO, went to the social network to announce his company is ramping up its autonomous vehicle and is looking for new engineering talent on Thursday night. The Company is engaged in commercially producing a federally-compliant electric vehicle, the Tesla Roadster. addition to developing its Model S and future vehicle manufacturing capabilities at the Tesla Factory, the Company is designing, developing and manufacturing lithium-ion battery packs, electric motors, gearboxes and components both for its vehicles and for its original equipment manufacturer customers. These activities occur at its electric powertrain manufacturing facility in Palo Alto, California and at the Tesla Factory.
