Tesla Motors (NASDAQ: TSLA) received a Buy rating and a $250 price target from Goldman Sachs analyst Patrick Archambault today. The company’s shares closed yesterday at $204.66.

According to TipRanks.com, Archambault is a 5-star analyst with an average return of 15.8% and a 56.6% success rate. Archambault covers the Consumer Goods sector, focusing on stocks such as Standard Motor Products, Federal-Mogul Corp., and Cooper Tire Rubber.

Currently, the analyst consensus on Tesla Motors is Hold and the average price target is $277.92, representing a 35.8% upside

. In a report issued on May 3, Stifel Nicolaus also maintained a Buy rating on the stock with a $325 price target.

The company has a one year high of $286.65 and a one year low of $141.05. Currently, Tesla Motors has an average volume of 5.34M.

Unlike Goldman Sachs` latest rating, based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Brad Buss, a a Director at TSLA sold 15,333 shares for a total of $3,185,457.

Tesla Motors, Inc. engages in the designing, development, manufacturing and selling of electric vehicles and electric power train components. Its products include electric vehicles such as the Model S, Model X and the Tesla Roadster. The company was founded by Jeffrey B. Straubel, Elon Reeve Musk and Marc Tarpenning on July 1, 2003 and is headquartered in Palo Alto, CA.