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Tesla Recalls Model S Worldwide

Tesla Motors Incorporated’s graph of NASDAQ:TSLA performance. The target price could deviate by a maximum of $95.84 from the forecast price. (NASDAQ:TSLA) which led to swings in the share price. The disclosure for this sale can be found here.

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The company spokesman reported that the cost of the worldwide recall will be “immaterial”.

The overall rating for the company is 3.

We’ve also learned that Tesla Motors Incorporated will report its next earnings on February 10, 2016. Now the company Insiders own 28% of Tesla Motors, Inc. shares according to the proxy statements. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $400.00 price target on shares of Tesla Motors in a research note on Saturday, August 15th. It will take the company around 6 minutes to fix the issue.

Tesla Motors (NASDAQ:TSLA) remained flat at $231.60 during trading on Thursday. S&P 500 has rallied 1.79% during the last 52-weeks. The stock’s market capitalization is $30.33 billion. The 50-day moving average is $218.21 and the 200 day moving average is recorded at $244.63.

Among these analysts, the highest expected EPS was $-0.16. The company earned $963.80 million during the quarter, compared to the consensus estimate of $1.26 billion. In the past week, the shares have outperformed the S&P 500 by 5.23% and the outperformance increases to 11.35% for the last 4 weeks.

Recently, we surveyed 2 analysts were expecting an average of $-0.34 earnings per share for Tesla Motors Incorporated, for the 4 quarter of the fiscal year ending in 2015.

Tesla Motors, Inc. (Tesla) designs, develops, manufactures and sells electric vehicles and advanced electric vehicle powertrain components. The Company sells and produces a vehicle under the name Model S, which is a fully electric, four-door, five-adult passenger sedan. Tesla owns its sales and service network.

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US-based startup Faraday Future seems to be the only other manufacturer to offer something new, exciting and green on the automotive market and which could pose a threat to Tesla Motors at the same time.

RINGO H.W. CHIU						Credit AP				Tesla Motors Inc. CEO Elon Musk unveils the company’s Powerpack battery earlier this year in Hawthorne Calif