Tomahawk, WI 05/28/2014 (Basicsmedia) – After several months of fluctuation and a precipitous plunge earlier, Tesla Motors Inc. (NASDAQ:TSLA) a California based electric car manufacturer, has bounced back positively with an unexpected 2.72% raise in its shares leading to a total of $204.88. The company officials claimed that their decision of launching the all new version of Model S Performance Plus, next month in Britain is turning out to be fruitful as it has helped Tesla to regain its monopoly. As per the media reports the same would help to amplify the demand of these cars in Europe.

 Tesla Down 40,000 Shares From Its BOD

Antonio Gracias, the prominent member of the board of directors at Tesla Motors Inc. (NASDAQ:TSLA), sells out a handful amount of 40,000 shares lately. The transaction was done in two elements, where first 20,000 were sold out the last week and the next 20,000 just few days ago. All the shares were vended out ranging from $186.37 to $198.86, accounting a total of $7,694,104 to Gracias. Well it is considered just as a personal decision and won’t affect the firm on the whole.

 Lu-Elon’s Electric ‘Battle Royale’

Well the motor industry right now is influenced by the chitchat of an electric car battle between Lu Guanqiu, Chairman of Wanxiang Group and Elon Musk, CEO of T Tesla Motors Inc. (NASDAQ:TSLA). As per the rumors Lu has some plans to challenge the Tesla’s coupé in United States. He bets to setup an industrial unit which can manufacture electric vehicle far better than what Tesla does. Not only this, he has also some plans to extend the same to China. But it would be quite a difficult task for Lu as Musk is quite advanced with regards to the technology used by him. The crux of the story is till ate there’s no clue, where the battle would end, but definitely US manufacturing would be regarded as an initial footstep in the Asian motor world.

DISCLAIMER: This content is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.