Algorithm Predicts Increase: 7.83% in 30 Days

Tesla Motors, Inc. (TSLA)

Tesla Motors was a top 10 stock pick recommended to I Know First subscribers on June 11th for the 1-month time horizon. TSLA had a strong signal of 38.37 and a predictability of 0.31. As predicted, TSLA surged 7.83%.



Tesla Motors, Inc. designs, develops, manufactures and sells electric vehicles and electric vehicle components. Tesla owns its own sales and service network.The company is considering building a multibillion dollar factory to produce its own batteries which could be finished in the next few years.  Tesla provides services for the development of electric powertrain components and sells electric powertrain components to other automotive manufacturers.

Before making any trading decisions, consult the latest forecast as the algorithm constantly updates predictions daily. While the algorithm can be used for intra-day trading the predictability tends to become stronger with forecasts over longer time-horizons such as the 1-month, 3-month and 1-year forecasts.

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