Tesla Gets Upgraded By Vetr Crowd, Now 3.5-Star Rated

• Shares of Tesla Motors Inc TSLA have lost nearly 10 percent over the past six months.
• The Vetr crowd turned slightly more bullish on Tesla's stock on Thursday by upgrading it to a 3.5-star rating out of a possible five.
• Ten percent of the Vetr crowd are holding Tesla in their watch-list while 75 percent of the crowd's ratings are bullish.

Shares of Tesla are higher by just two percent since the start of 2015 and have lost nearly 10 percent over the past six months. Heading into 2016, the Vetr crowd turned more bullish on Tesla's stock on Thursday by upgrading its rating to 3.5-stars out of a possible five stars. Nudnikmeow, a member of the Vetr crowd, argued that Tesla holds a "huge lead" versus its competitors in the electric car market will. Nudnikmeow added that the company will also achieve economies of scale with its Model 3 sedan. Related Link: Vetr Crowd Downgrades Tetraphase Members of the crowd also argued against the bullish case. Mikhail Skiba pointed out that "green energy is not good" when oil is cheap. In addition, Patrick DC Williams added that Tesla's cash burn rate "seems very high." Nevertheless, Tesla remains a popular stock among the Vetr crowd as more than 10 percent of the crowd hold Tesla's stock in their watch-lists. Moreover, 75 percent of the crowd's ratings are bullish and the crowd-sourced price target of $236.97 implies a modest upside of nearly five percent.