why is tesla stock so high quora
Because there was extreme level of shorts built up extreme pessimism and name calling of Elon Musk as cooking the booksWhat people were missing was the fact that. Teslas stock has surged more than 20000 since it went public in 2010.
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Tesla numbers have come in much better than expected for several quarters.
. The searing rally has been driven. Its a bet that shareholders are making that Tesla is going to continue being a monster of innovation in the long term. ET today Tesla TSLA 284 shares were trading near the lows of the day down 71.
Oh and they make those gas station replacements. The electric car company completed a 3-for-1 stock split after the closing bell Wednesday. Production growth EV fever and front person Elon Musk have fueled the explosive surge.
Teslas share price doesnt matter so much when you put the above in perspective. Cars and car motors and motor controllers and now they make batteries and battery controllers. Answer 1 of 98.
Feb 3 2020 Tesla shares. Experts are divided on whether Teslas sky-high share price is fair. The company is ready to update investors over the next.
Currently Tesla is expected to report earnings of 56 per share this year and 737 per share in the next year so the stock is trading at 121 forward PE. Since becoming open in 2010 Teslas stock has increased by more than 20000. With a market cap of about 1 trillion Tesla trades at a relatively lofty 120x projected 2022 earnings and is essentially valued higher than the ten largest automotive.
In just the last month the. Currently Tesla is expected to report earnings of 56 per share this year and 737 per share in the next year so the stock is trading at 121 forward PE. FSD robo taxis the battery highway tractorsemi.
Aug 18 2020 In fact the biggest reason behind the stock run is earnings. So one share now costs a third of what it did a day ago. Teslas ability to drive environment consciousness by lowering CO2 emissions from.
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