Tesla Motors Inc (NASDAQ:TSLA) starts work on substation to power Gigafactory 3

Tesla Motors Inc (NASDAQ:TSLA) is just months away from its aggressive goal of starting production at Gigafactory 3 in Shanghai in Q4 and now it starts work on the substation to power the new factory. Gigafactory 3 is Tesla’s first manufacturing facility in China and it’s also the first electric vehicle factory wholly-owned by a foreign automaker in the country.

Technical Stock Analysis 

Tesla Motors Inc (NASDAQ:TSLA), a Consumer Goods sector firm, traded 5.74 Million shares in last trading session and stock elevated 0.80% with closing price of $223.64 per share. Company gross margins represents its total sales revenue minus its cost of goods sold (COGS), divided by the total sales revenue earned by the company, expressed as a percentage. And its good to know that the higher that percentage, the more the company retains on each dollar of sales, to service its other costs and the debt obligations, and Tesla Motors Inc Stock gross margin stands at 18.40%.

Investment Worthy Stock or not? 

For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the purpose of comparing a Tesla Motors Inc (NASDAQ:TSLA)’s profitability or to compare the efficiency of different investments, hence, TSLA return on investment (ROI) is -2.60%. 

52-Week Range 

52-Week Range are valuable stats for watching Tesla Motors Inc (NASDAQ:TSLA)’s past year fluctuation as that gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range. Tesla Motors Inc (NASDAQ:TSLA)’s stock value has moved between $177.49 – 385.59 in last one year. 

Analyst’s Views 

Analysts mean target price for Tesla Motors Inc (NASDAQ:TSLA) is $280.31 while analysts mean recommendation is 2.90. 

Stock Performance 

Its weekly performance is -0.62% while year to date (YTD) performance is -32.80%. 

EPS Growth

Earnings per share growth is defined as the percentage change in normalised earnings per share over the previous 12 month period to the latest year end. It gives a good picture of the rate at which a company has grown its profitability. Tesla Motors Inc (NASDAQ:TSLA)’s EPS growth this year is 23.40%. For best decision making investors should look at Tesla Motors Inc (NASDAQ:TSLA)’s EPS growth for next year stands at 469.70%.