Tesla Down On Weak Volume (TSLA)

Shares of Tesla Motors, Inc.

are down 35 cents today in a light volume pullback, as only 135,000 shares have been traded today. The average volume for TSLA is around 850,000 shares, and with just under 3 hours left to trading, it doesn't look like TSLA will reach this amount. It is possible that TSLA is consolidating here for another run higher, as it hasn't really moved one way or another out of the $20 range. Tesla Motors engages in the design, manufacture, and sale of electric vehicles and advanced electric vehicle power train components. The company was incorporated in 2003 and is headquartered in Palo Alto, California.