Analysts at Deutsche Bank downgraded Tesla Motors Inc TSLA from Buy to Hold.
The price target for Tesla Motors has been raised from $245.00 to $280.00.
Tesla Motors shares have gained 27.69 percent over the past 52 weeks, while the S&P 500 index has surged 5.35 percent in the same period.
Tesla Motors' shares fell 1.86 percent to $274.52 in pre-market trading.
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