Northern, WI 08/27/2013 (usastockreport) – The model S of Tesla Motors Inc. (NASDAQ:TSLA) had received the highest number of reviews ever from the Customer Reports and the National Highway Safety Administration. It is worth noting that the car had also been named to be the 2013 Car of the Year by Motor Trend and the company had thereby attracted high attention from the investors in the recent days owing to such strong reports of business developments. It is further worth attention that the car company had recently been awarded as the Triple Crown of Auto Manufacturing.
The shares of Tesla Motors Inc. (NASDAQ:TSLA) had been presenting heavy surge in prices in this year and the stock had moved up by 380% for the past one year of trading. Even in the recent days, the stock had been attracting higher level of investors to its shares which had presented significant gains to touch new peaks with every day of trading in the markets. The trading volume had also been moving to levels which proved to be double the average volume of trading that is observed in this stock.
Tesla Motors Inc. (NASDAQ:TSLA) is primarily engaged in the development, manufacturing and commercialization of electric vehicles and related advanced powertrain components for such electric vehicles. The company had been playing effectively in this demanding market and had proved to add value to the shareholders through its innovative vehicles designed to meet out the needs of the customers. Further, the company had also proved effective to take complete advantage of the increasing awareness on environmental pollution and raising regulatory restrictions from the governmental agencies to curb pollution through all possible methods. Such external reasons had also proved substantial to increase the demand for the electric vehicles of the company in the markets.