Can Tesla Motors Inc’s Tomorrow Be Different? Option Trader Are Very Bearish

 Can Tesla Motors Inc's Tomorrow Be Different? Option Trader Are Very Bearish

In today’s session Tesla Motors Inc (TSLA) recorded an unusually high (507) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious TSLA decrease. With 507 contracts traded and 15964 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: TSLA161216P00150000 closed last at: $1.23 or 7% up. About 1.99M shares traded hands. Tesla Motors Inc (NASDAQ:TSLA) has declined 25.41% since April 5, 2016 and is downtrending. It has underperformed by 27.36% the S&P500.

Tesla Motors Inc (NASDAQ:TSLA) Ratings Coverage

Out of 21 analysts covering Tesla Motors Inc (NASDAQ:TSLA), 9 rate it a “Buy”, 3 “Sell”, while 9 “Hold”. This means 43% are positive. $500 is the highest target while $140 is the lowest. The $267.97 average target is 38.97% above today’s ($192.82) stock price. Tesla Motors Inc has been the topic of 54 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Tesla Motors Inc (NASDAQ:TSLA) earned “Overweight” rating by Global Equities Research on Sunday, August 16. JMP Securities initiated the shares of TSLA in a report on Monday, December 14 with “Market Perform” rating. Deutsche Bank maintained Tesla Motors Inc (NASDAQ:TSLA) on Tuesday, August 4 with “Hold” rating. JP Morgan maintained the stock with “Sell” rating in Friday, August 7 report. The rating was upgraded by Robert W. Baird on Monday, March 14 to “Outperform”. The firm has “Buy” rating given on Friday, June 3 by Sterne Agee CRT. The firm has “Underperform” rating by Bank of America given on Friday, August 7. The firm has “Underweight” rating given on Tuesday, April 19 by JP Morgan. The firm has “Sector Weight” rating given on Wednesday, July 6 by Pacific Crest. The stock of Tesla Motors Inc (NASDAQ:TSLA) has “Hold” rating given on Tuesday, June 28 by Argus Research.

According to Zacks Investment Research, “Tesla Motors, Inc. designs, manufactures, and sells electric vehicles and electric vehicle powertrain components. The Company is headquartered in Palo Alto, California.”

Insitutional Activity: The institutional sentiment increased to 1.35 in 2016 Q2. Its up 0.17, from 1.18 in 2016Q1. The ratio improved, as 82 funds sold all Tesla Motors Inc shares owned while 123 reduced positions. 61 funds bought stakes while 216 increased positions. They now own 98.03 million shares or 2.04% more from 96.07 million shares in 2016Q1.
Horseman Capital Mngmt holds 2.71% or 58,600 shares in its portfolio. Ing Groep Nv last reported 6,416 shares in the company. Balyasny Asset Mgmt Lc last reported 10,646 shares in the company. Hudock Cap Grp Limited Liability Company holds 250 shares or 0.03% of its portfolio. Blackrock Advsr Ltd Co holds 50,484 shares or 0.01% of its portfolio. Pittenger & Anderson reported 260 shares or 0.01% of all its holdings. Pnc Financial Ser holds 0% or 14,566 shares in its portfolio. Moreover, Washington has 0.02% invested in Tesla Motors Inc (NASDAQ:TSLA) for 1,150 shares. Seven Eight Cap Lc reported 20 shares or 0% of all its holdings. Parus (Uk) Ltd holds 2.74% or 67,052 shares in its portfolio. Amer Mngmt last reported 41 shares in the company. Verition Fund Mngmt Limited Company last reported 0.07% of its portfolio in the stock. First Allied Advisory holds 4,485 shares or 0.05% of its portfolio. Sii Wi last reported 0.02% of its portfolio in the stock. Glenmede Tru Na accumulated 0.01% or 4,556 shares.

Insider Transactions: Since June 7, 2016, the stock had 0 insider buys, and 3 selling transactions for $883,263 net activity. Shares for $230,916 were sold by FIELD JOHN DOUGLAS. Another trade for 2,779 shares valued at $549,136 was sold by Musk Kimbal.

Tesla Motors, Inc. designs, develops, makes and sells electric vehicles and energy storage products. The company has a market cap of $27.46 billion. The Firm produces and sells two electric vehicles: the Model S sedan and the Model X sport utility vehicle . It currently has negative earnings. The Firm has delivered over 107,000 Model S vehicles across the world.

TSLA Company Profile

Tesla Motors, Inc., incorporated on July 1, 2003, designs, develops, makes and sells electric vehicles and energy storage products. The Firm produces and sells two electric vehicles: the Model S sedan and the Model X sport utility vehicle (SUV). The Firm has delivered over 107,000 Model S vehicles across the world. In addition to developing its own vehicles, it sells energy storage products. The Company’s energy storage products include the seven kilowatt-hour and 10 kilowatt-hour Powerwall for residential applications, and the 100 kilowatt-hour Powerpack for commercial and industrial applications. The Firm delivers energy storage products products under the Tesla Energy brand. It makes its products primarily at its facilities in Fremont, California, Lathrop, California, Tilburg, Netherlands and at its Gigafactory near Reno, Nevada. It is using battery packs manufactured at the Gigafactory for its energy storage products.

More notable recent Tesla Motors Inc (NASDAQ:TSLA) news were published by: Profitconfidential.com which released: “TSLA Stock: Is Tesla Motors Inc a $1500 Stock?” on November 07, 2016, also Fool.com with their article: “Tesla Motors, Inc.’s Ludicrous P100D Is About to Get a Performance Boost” published on November 05, 2016, Fool.com published: “What Tesla Motors, Inc. Wants You to Know About Its SolarCity Acquisition” on November 02, 2016. More interesting news about Tesla Motors Inc (NASDAQ:TSLA) were released by: Investorplace.com and their article: “Will Solar Roofs Power Tesla Motors Inc (TSLA)?” published on November 03, 2016 as well as Investorplace.com‘s news article titled: “Why Tesla Motors Inc (TSLA) Stock Is Falling After Its Solar Roof News” with publication date: November 01, 2016.

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