why is tesla stock so high now

CEO Elon Musk noted on Twitter over the weekend that Tesla has now manufactured more than 3 million vehicles after its Shanghai plant passed the 1 million vehicle milestone. Terrible Net Income even with the 19 growth Outrageous Operating Cash Flow Poor.

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Tesla TSLA Stock Report has been one of the superstars of the stock market in recent months.

. However I still believe that in the case of a market crash Tesla will. They will survive because theres not enough electric cars available for a number of years. Their sales are down in 2019.

The stock has gained more. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. The companynow with a market capitalization near 900 billion.

New York CNN Business Tesla the hottest stock in the market for more than a year has sunk into bear market territory. Serious answer from a bull. Shares of Tesla TSLA fell 6 Tuesday after closing down 85 Monday.

3 Dividend Stocks to Double Up on Right Now. The third reason Jennewine along with many others believes that TSLA stock will continue to soar is the companys lead in artificial intelligence and self-driving technology. Oh and they make those gas station replacements.

Teslas market cap is over 6000 times greater than its 2019 earnings. It sold only 34 as many vehicles as Toyota. Tesla TSLA 172 was the darling stock of 2020.

They just revealed what they believe are the ten best stocks for investors to. Tesla stock has a sky-high valuation much to the delight of bulls and the disgust of bears. Cars and car motors and motor controllers and now they make batteries and battery controllers.

TSLA stock is still a risky buy in the short term due to the markets uncertainty. Equity market is taking a breather as inflation fears cause a. Teslas stock continues to rise to ridiculous heights.

Thats usually a red flag so why is the stock up. Tesla is expected to post earnings of 274 per share. If you just look at Teslas raw numbers its hard not to come to the conclusion that the company is way overvalued.

Tesla TSLA -14 stock surged to all-time highs today breaking above 1000 per share for the first time in the history of the company. After all its no secret that the US. Tech Tesla.

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. The so called giant car companies are already in the decline. My point is they control design production and.

In my humble opinion Tesla although a great company is not a good investment and here are the summed up reasons. Even with the German Gigafactory Tesla may produce two million cars. The company started off 2021 by reporting 499550 vehicle deliveries for 2020 just shy of its target.

Macro factors play a part in Teslas decline. Elon Musk blurted out Tesla faced a dangerous cash crunch. Its fundamentals dont come close to justifying its price.

As of 240 pm. That fact has. Currently analysts expect that Tesla will report earnings of 606 per share in 2021 and 817 per share in 2022 so the stock is trading at 147 forward PE.

The pandemic created the perfect scenario for a speculative stock like Tesla to flourish. They ARE highly dependent on Panasonic for most of their battery production but that will change. Because Tesla is the embodiment of the future of the car industry.

Why Tesla Stock Sold Off 7 Today. Tesla TSLA 021 stock galloped out of the gate Thursday morning -- up 23 as of 1025 am. Profit growth is likely to be driven by Teslas higher delivery volumes which should continue to improve its fixed cost absorption and also by.

As management admitted Teslas factories have been running below capacity for several quarters because of supply chain snarls and Tesla fears that this is likely to continue through 2022. ET before falling back around midday -- as the company announced a Cyber Rodeo to celebrate the. Yes it is.

The question on many investors minds is why. What happened The stock of Tesla TSLA 254 has been on a weeklong recovery run after it dropped as Elon Musk sold more than 15 billion in shares since early November.

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