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Tesla Motors, Inc. (TSLA) Stock - NasdaqGS

Tesla Motors, Inc. (Tesla) designs, develops, manufactures and sells electric vehicles and advanced electric vehicle powertrain components. Tesla owns its sales and service network. 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. The Company provides services for the development of electric powertrain components and sells electric powertrain components to other automotive manufacturers. Ashton Kutcher owns one of the more than 13,000 Tesla Model S electric sedans on the road in North America, and he's quite pleased about it. After ditching his Lexus hybrid, Kutcher liked his new ride so much that he bought stock in Tesla. Kutcher has gotten into investing of late, putting about $100 million into companies including Airbnb, Spotify and Foursquare. "EVs get held to a higher standard," he told ClimateWire. Miller Tabak’s Andrew Wilkinson offers another reason: Fed tapering fears. He writes: Some of the poor tone ahead of the start to US trading may be as a result of ongoing taper talk surrounding the Fed’s intentions. With the August non-farm payroll reading due September 6, there remains a sense that two weeks later could still deliver the first announced reduction in the volume of monthly bond purchases. Still, even if that happens it should be taken as an ultimate sign of recovering economic health and not as a detractor from the US economy. google finance tesla stocks yahoo tesla stocks

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