Tesla, Outerwall, Alcoa are stocks to watch Monday

SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Monday's session are Tesla Motors Inc., Outerwall Inc. and Alcoa Inc.

YouTube via Bloomberg Front end of Tesla Model S catches fire after an accident.

Investors are likely to closely watch Tesla (TSLA)  shares after the stock lost over 5% in value after an incident in which a Model S caught fire after an accident in Washington state earlier in the week. The stock recovered 4.4% on Friday and extended gains in after-hours after Chief Executive Elon Musk released a statement, essentially touting the safety of his vehicles.

Musk explained that a part from a semitrailer went under the Model S and impaled the underside of the vehicle with a peak force of 25 tons. "Only a force of this magnitude would be strong enough to punch a 3-inch-diameter hole through the quarter-inch armor plate protecting the base of the vehicle," he said. The impact caused a fire which began in the front battery module, but it did not enter the passenger compartment.

On the whole, analysts have maintained their upbeat outlook on the electric-car maker. "Although this incident will likely weigh on near-term sentiment, we do not expect this to derail near-term Model S orders and delivery momentum," Craig Irwin at Wedbush said in a note on Thursday.

/quotes/zigman/18949186/quotes/nls/outr OUTR 57.10, +4.92, +9.43% Outewrwall Inc.

Outerwall (OUTR)  shares rose almost 8% in after-hours trading after Jana Partners LLC, an activist investment fund, disclosed a stake in the company previously known as Coinstar. Jana now owns a 13.5% stake in Outerwall and will pursue strategic alternatives, including a sale, The Wall Street Journal reported. Outerwall operates a network of DVD rental kiosks at malls and grocery stores.

Late Friday, J.P. Morgan lowered its third-quarter earnings outlook for Alcoa (AA)  to 5 cents a share from 12 cents a share due to weaker-than-expected aluminum prices. Alcoa, whose quarterly reports once use to signal the symbolic start of the earnings season, was recently replaced on the Dow Jones Industrial Average by Nike Inc. (NKE) . The aluminum maker is scheduled to release third-quarter results on Tuesday. Shares of Alcoa were up 0.1% in after hours.