why is tesla stock so high compared to other companies

As appropriate for social era the stock market now a days moves with tweets on social media. Lets compare that to other auto manufacturers.

Tesla Stock Value Forecast Worth Trillions By 2030

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. Turn off the stock market. Ad These 5 fascinating stocks are the most important investments for the next 90 days. Three years ago when Tesla was worth 50 billion the companys board promised Musk a huge grant of stock if he could among other things bolster the companys market.

Its actually a tech company so it should be evaluated against other tech. Read About The Latest EV Companies Making Moves. The searing rally has been driven by production growth EV frenzy and frontman Elon Musk.

Critics have long lambasted the company for running large losses producing comparatively few. Tesla TSLA -27 stock surged to all-time highs today breaking above. So for a company that has reported losses of nearly 45 billion dollars over the last 4 years 2016-Present its stock is up 221.

Interested In Electric Vehicle Stocks. Then Zacks New Free Special Report Is a Must-Read. It is a minor albeit sexy manufacturer of electric vehicles.

Tesla stock has a sky-high valuation much to the delight of bulls and the disgust of bears. Just turn it off. Elon Musk has owned global headlines as his company has skyrocketed by over 700 in the past year.

Were thinking long term and doubling down on this stock. Its market capitalization stock price times shares outstanding of 629 billion ranks it sixth among companies on the US. There is nothing fundamental from a financial perspective to justify Teslas stock price.

TSLA is currently trading at 650 per share with a PE. Almost every metric you could use to value Tesla says the share prices are extremely high. That said we value Tesla stock at just about 560 per share a discount of almost 30 versus the current market price due to mounting competition in the EV space from.

In the imminent future the firm has said it will work with local suppliers to even. The companynow with a market capitalization near 900 billionis worth roughly three times. Shares of Tesla TSLA -642 rose 243 in December according to data from YCharts.

Teslas Price is Extremely High. Ad Worried about the market. Experts Share Top Picks.

Tesla has become one of the most controversial companies in the world. Fundamentals are old fashioned. And somehow it is the worlds.

Try refreshing the page. ACES Autonomous Connected Electric Shared. As I write this on Monday afternoon Teslas market capitalization is 93 billion compared to 50 billion for.

After the agreement of a phase one deal Tesla was able to lower the price of the Model 3. Diversify your portfolio with guidance from investment professionals. So Teslas one day jump was just under a quarter of that not more than all of it combined.

The red-hot electric vehicle manufacturer appears to have benefited from being added. Far below Tesla Amazon ranked as the company. Pretend that it no longer exist.

Tiny company is a sneaky EV play that no ones talking about but should be. Tesla is now by far the most valuable car company in America. Teslas stock has surged more than 20000 since it went public in 2010.

Another common argument from Tesla bulls is that Tesla isnt just any old automaker. Although this value jumped to 473 over the past three months that is still 45 less than the PE ratio measured in October 2020. The 10 others less the biggest three is 450 billion 1000 550.

Short shorts funding secured auto driving in 6. Answer 1 of 23. Now download the latest annual 10k report from the SEC of Tesla and then juxtapose that report.

Tesla is the most valuable automaker by far.

Tesla Stock Forecast 2022 Where Next For The Ev Giant