Tesla stock has had a stellar run this year rising by about 38% to $1,000, taking the companys market cap past the exclusive $1 trillion mark. The barriers to entry arent too high, the products are not too complex compared to internal combustion engines and mainstream automotive companies are investing in building massive scale. Tesla, which has managed to garner the reputation of a gold standard over the years, is now a far bigger entity that what it started off since its IPO in 2010, with its market cap crossing $1 trillion for the first time in October 2021.? TESLA, INC. . Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly traded company and is calculated by multiplying the current stock price by the number of shares outstanding. Shares Outstanding . After Tesla's $1.5 billion Bitcoin purchase announcement yesterday the overall market cap of the leading digital asset has now overtaken the electric car giant's. The Bitcoin market cap rose a staggering 17.85% taking it from $733.5 billion to $888.9 billion, ironically helping it . The world's largest electric vehicle manufacturer, Tesla (TSLA), ranks sixth on this list with a market cap of $1.093 T. In addition to its luxurious electric cars, the company also makes. tesla market cap 2021 On December 31, Tesla (TSLA) had a market capitalization of $1.1T, based on 3.1B shares at a price of $352.26. As it said , A variety of challenges, including semiconductor shortages, congestion at ports and rolling blackouts, have been impacting our ability to keep factories running at full speed.. Revenue is also likely to rise by about 13% on a sequential basis. What To Expect From Prudential Financial Stock. dollars)." Data for each company is in the table . USD 174.04 -5.78 (-3.21%) At close: Dec 7, 2022 4:00 PM 175.10 +1.06 (0.61%) Pre-market: Dec 8, 2022 5:47 AM EST Overview Financials Statistics Forecast Dividends Profile Chart Income Balance Sheet Cash Flow Ratios Annual Quarterly Tesla stock(NASDAQ:TSLA) declined by about 1.7% in Tuesdays trading, compared to the Nasdaq-100 which fell by almost 3% due to rising bond yields and a decline in the U.S. consumer confidence index. The "Close/Last" is the "adjust consolidated. Tesla stock rose 5.2 % over a five-day trading period ending 9/28/2021, compared to the broader market (S&P500) which remained roughly flat. [Updated 7/3/2020] Tesla: King Of Self-Driving Cars? Teslas focus on self-driving while some others are either backing out or showing lackluster progress, is akin to a small cereal manufacturer doubling down in the sweet category of breakfast cereals, while others say theyve chosen to back out of it. Tesla Market Cap Now More Than 30% of Apple's Douglas A. McIntyre January 6, 2021 7:39 am Tesla Inc.'s ( NASDAQ: TSLA) market capitalization has jumped to $697 billion. The financial complex has helped Tesla finance the next round of its evolution as a major car manufacturer. 16:56, 26 October 2021. share_this_article. One year ago, the first seven months of 2020, it was 17.7%. Tesla's "Full Self Driving". Tesla. That said, its possible that Tesla could see some pressure due to the ongoing component supply crunch and rising logistics costs. Aside from 2020, Tesla was able to consistently increase sales at a pretty high rate and its long-term goal is to achieve 50% average annual growth in vehicle deliveries. See our analysisTesla Valuation: Is TSLA Stock Expensive Or Cheap? Despite a projected 900,000 vehicles to be delivered in 2021 about 80% more than Tesla shipped in 2020 Musk seems to think that it could sell more if it could manufacture and ship more. According to Bloomberg, the deal is the largest . In a Thursday note the analyst said "eye popping demand" in China will drive Tesla's market cap. Tesla recently launched a new $200 subscription to the software and we think that this could also drive software sales. Should you buy Tesla stock? Opinions expressed by Forbes Contributors are their own. Its not even close: we lay out the numbers on how big could self-driving be, and contrast with others in our interactive dashboard analysis:Just How Far Ahead Is Tesla In The Self-Driving Race? Over 2018, Tesla likely logged about 500 million self-driving miles across all geographies. What: Tesla Fourth Quarter and Full Year 2021 Financial Results Q&A Webcast When: Wednesday, January 26, 2022 Time: 4:30 p.m. Central Time / 5:30 p.m. Eastern Time The leverage risk, inherent in most options, is reflected in a stock's price volatility. Sep 15, 2022 Tesla's market capitalization reached 1.1 trillion U.S. dollars at the end of March 2022, 74 percent over its market cap of March 2021, at 641 billion U.S. dollars. After a few ups and downs it recovered to ~USD 1.18 trillion in April 2022. As the cost of powering its vehicles drops, more people are likely to buy Teslas. All data as of January 15, 2021 (9:30AM PST) Tesla's . The Data Say Recession And Inflation Is Cratering But This Fed Continues To Raise Rates. Heres ahigh-quality portfoliothats beaten the market consistently since the end of 2016. Share prices hovered just below $1,000 and then suddenly shot past it another first for Tesla.. Tesla is the 6th American company to have achieved this feat, after Apple, Microsoft, Amazon, Alphabet, and Meta. Tesla's global EV market share for the first seven months of 2021 was 13.9%. This makes Tesla the world's 7th most valuable company by market cap according to our data. How does Tesla's Market Cap benchmark against competitors? We expect Teslas adjusted EPS to come in at about $1.52 per share roughly 2x last years figure and marginally ahead of the consensus EPS estimates of $1.50. Tesla is the sixth company to reach the $1 trillion market cap. [3]This is probably something mass-market automakers cant do so easily. Financial Times Stock Exchange Group (FTSE): Definition. However, electric vehicle pioneerTesla(NASDAQ: TSLA) appears to have a sizable early lead in this space both in terms of autonomous miles driven as well as monetization of its self-driving technology. Lessons Learned From 10,000 Electric Cars And 100 Million Miles. When you look at a more traditional metric like the number of cars sold, Tesla is tiny less than 400K cars sold last year, while many of the bigger companies, Honda, GM, Ford, Toyota, each sold over 5 million cars. Tesla delivered 308,600 . Access to this and all other statistics on 80,000 topics from, Show sources information Written by Sweta Killa for Zacks ->. The all-time high Tesla stock closing price was 409.97 on November 04, 2021. The accelerated shift toward green and more sustainable forms of energy is also driving greater investor interest in Tesla, which remains the top global EV play. Financial Times. Are you interested in testing our corporate solutions? Annual car sales worldwide 2010-2022, with a forecast for 2023, Number of cars sold in the U.S. 1951-2021, Battery electric vehicles in use worldwide 2016-2021, Annual gas prices in the United States 1990-2021, Automotive industry worldwide - statistics & facts, Motorcycles in the United States - statistics & facts, Research Expert covering transportation and logistics, Profit from additional features with an Employee Account. Yes especially if you believe in thisone important Tesla metric:Teslas time horizon. Teslas market cap also stands at about 3x that of Toyota, the largest car marker. The companys execution has been solid, despite the Covid-19 pandemic and the ongoing semiconductor shortage, with deliveries on track to rise by almost 70% year-over-year in 2021. First, Tesla crossed the trillion-dollar market cap on 21 Oct 2021. According to CNBC, Tesla reported $13.76 billion in revenue $150 million above Refinitiv expectations and about 57% more than the year before. February 9, 2021 Bitcoin (BTC) Overtakes Tesla Market Cap. 2021, 3:39 PM UTC Updated on May 19, 2021, 8:22 PM UTC. The automaker's market capitalization surpassed the trillion-dollar marker for the first time on Monday. See our analysisTesla Chance of Risefor more details. Hard to fathom. Register in seconds and access exclusive features. As CNBC wrote, about 49% of Teslas U.S. revenues $3.11 billion of $6.41 billion came from China. Forward P/E 42.22. . Shouldnt Google buy Tesla or perhaps another carmaker and do the same? " Tesla Inc. Form 10-K for the fiscal year ended December 31, 2021 ," Page 50. for a detailed overview of revenue and earnings estimates for the company and how it ties to Teslas valuation. A 50% or higher increase in 2022 would potentially translate close to a 4% share in the US/Canada, and over 2% in Europe/China. Oct. 25, 2021 6:14 PM PT Tesla Inc. joined an elite group of companies with market values of at least $1 trillion on Monday, a key milestone for the carmaker, whose shares have been on a tear. Its partly the improving fundamentals (better than expected Q1 results and Q2 deliveries, strong sales in China), but there has to be more. The Tesla 52-week high stock price is 402.67, which is 124.9% above the current share price. What Next? You need at least a Starter Account to use this feature. Moreover, two U.S. Tesla (NASDAQ:TSLA)published a stronger than expected set of Q3 2021 results despite the ongoing chip shortages and supply chain issues weighing on the automotive industry. Use Ask Statista Research Service, Tesla's vehicle sales by quarter YTD Q3 2022, Automotive manufacturers - estimated market share in the U.S. 2021, Most valuable automotive brands worldwide by brand value 2022, Tesla's vehicle production by quarter YTD Q3 2022. The stock is also up by about 9% over the last month. It has annual revenues of $53.82 billion and income of $5.52 billion. Tesla, Inc. engages in the design, development, manufacture, and sale of fully electric vehicles and energy generation and storage systems. That implies a market cap of $1.3 TRILLION by 2024, 6 years before we reach 2030! Tesla now has a big presence in China, with its Shanghai facility accounting for over 40% of its total current production capacity. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. We dont think that Tesla is going to corner the auto market in the long run given that car buyers like variety. The Cboe Volatility Index, or VIX, is an index created by Cboe Global Markets, which shows the markets expectation of 30-day volatility. This would mark an increase of 54.5% compared to last year. Although Tesla doesnt break out software sales, the companys automotive gross margins have been trending steadily higher (25.8% in Q2, up from just 18.7% last year) indicating attach rates for software, which is typically very high margin, are likely rising. We have increased our price estimate for Tesla stock marginally to about $610 per share, taking into account the companys stronger revenue growth, expanding margins, and upside from software sales. for more details on Teslas valuation and how it compares with peers. Despite 106% Growth SentinelOne Stock Trades 80% Below Peak. The results are driven by strong demand for its mass-market Model Y and 3 vehicles, which saw deliveries rise 87% year-over-year, and also by the production ramp at the Shanghai Gigafactory, which now produces more cars than Teslas Fremont, California plant. In, PwC. ", Visual Capitalist. Large-cap stocks are treated as having a market cap of $10B+. Self-made millionaire Steven Mark Ryan, from the Solving the Money Problem YouTube channel I mentioned earlier, has been researching Tesla in-depth since 2016, and with some back-of-the-napkin math, he roughly estimates a $5 trillion market cap by 2030 is possible. The polarization is best visible in its stock price forecast for 2021. So how did Tesla deliver despite the odds? Per the Trefis Machine learning engine, Tesla stock has a 61% chance of a rise over the next month. 2021 2020 2019; Cash . (Photo by Smith Collection/Gado/Getty Images). However, for the time being, Teslas problem is making and delivering enough vehicles to satisfy the demand it already has, As Tesla CEO Elon Musk whose $255 billion net worth, according to Forbes, falls $27 billion short of Toyotas entire market capitalization tweeted on October 25, Wild $T1mes!. The relationship between the stock and members of this complex is symbiotic. This share is going down as more EVs hit the market. Elon Musk's automaker exceeded its production. Teslas margins have also been trending steadily higher. These include white papers, government data, original reporting, and interviews with industry experts. reported, the Hertz order could help Tesla balance production and manage a shift in demand for its more affordable vehicles. Can you believe that? Tesla's market value surged past $100 billion (90.2 billion) for the first time on Wednesday, as shares in the Palo Alto-based US automaker rose 8.6% to a new intraday high of . This is a BETA experience. NYT With a market capitalization about $1 trillion dollars (in Nov 2021 but $0.8T in Feb 2022), is Tesla market cap too high? But Tesla's market capitalization is higher than the combined total of Toyota, Volkswagen, Daimler, GM, BMW, Honda, Ford, and Fiat-Chrysler.The zoo has gone nuts. Tesla is richly valued with a market cap of about $925 billion, and it just completed a breakout year with $5.5 billion in net income and increased gross margin to nearly 30% in its recently. The chart highlights not only Tesla's results, which are obviously outstanding but also a general trend towards electrification. In 2020, Gene Munster, who correctly . A change of 4.4% or more over ten trading days has a 41% event probability, which has occurred 1024 times out of 2516 times in the last ten years. Tesla 's production and sales results in the fourth quarter of 2021 reached another all-time high level of over 300,000 units. "Tesla Is Now Worth More Than Ford and General Motors Combined. As a percent of overall sales, China has grown from under 20% of the total in 2020 to 22.6% in the third quarter of 2021. Investors welcomed Tesla's (TSLA) Q4 production and delivery numbers as they sent the automaker's market capitalization surging up by $100 billion on the first trading day of 2022. At the same time, there are signs some mainstream automakers are slowing down their investments in the space while they navigate a collapse in sales and manage significant near-term financial pressures. Tesla met the $1 trillion market cap mark around midday Monday when shares hit $998.22. Market Cap 572.18B. If only the U.S . You can learn more about the standards we follow in producing accurate, unbiased content in our. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. To be sure, Teslas presence in China is at risk due to criticism by state media and social media users. ", Morningstar.com. Electrification is understood as battery electric vehicles (BEV), not hybrids or even plug-in hybrids. The market at press time retraced a market cap o Green Cardano Could Rise ADA Price As High As $10, But When? The electric car maker's choppy ascent since its debut in the stock market in 2010 has frequently been punctured by short sellers, who claim that electric vehicles are expensive and have no future. To use individual functions (e.g., mark statistics as favourites, set Please do not hesitate to contact me. RT @WarTimeCEO78: $MULN - Telsa - Market Cap - $576B - Rivian Market Cap - $27B - MULN Market Cap - $323M - Rivian sold 920 vehicles in 2021 - Tesla sold 936,172 . (Photo by Lily Lawrence/Getty Images for Oceanic Preservation Society). When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. Investopedia does not include all offers available in the marketplace. Tesla Motors TSLA joined an exclusive club of mega-cap technology . In fact, Tesla stock was also up by around 5% over the last week (five trading days) compared to the Nasdaq-100 which fell 2% over the same period. Another reason to see a bright future for Tesla is its growing presence in China. Based on our machine learning analysis of trends in the stock price over the last ten years, there is a 63% chance of a rise in TSLA stock over the next month (twenty-one trading days). That said, the ongoing supply chain issues and the planned opening of the Texas and Berlin production facilities in the coming months could put some pressure on Teslas costs. Teslas solid software engineering capabilities are also helping. Panasonic plans to start test production of the 4680 battery cells in Japan by March 2022, noted the Journal.. Then you can access your favorite statistics via the star in the header. "Why Investors Can't Ignore Tesla. Looking for more details on Teslas valuation and financial performance in recent years? The flow of investors pouring money into Tesla's stock and associated financial products helped finance its investments into manufacturing infrastructure. The company reports - using industry data about market results - that its share in US/Canada. "Tesla Stock Punishes Wary Fund Managers. for more details on Teslas valuation and how it compares with peers. I think in part it reflects a lack of alternatives to invest in - there are a lot of dollars going into stocks right now, and even at these prices I think you could argue that Tesla has more growth potential than GM or WeWork or Grubhub or whatever else you might buy. And so it has been with Tesla. ", Wall Street Journal. For instance, BMW and Mercedes-Benz announced that they will end their automated driving alliance, for now, citing current business and economic conditions, among other factors. According to Tesla 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 48.0887 . In recent quarters, sales of the Model 3 have declined while demand for the Model Y hatchback to be built at plants in Austin and near Berlin, Germany has increased. Once they become operational, along with its factories in Fremont and Shanghai, the company should kickstart into high gear with its vehicle delivery. . 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 companies combined. Please create an employee account to be able to mark statistics as favorites. Tesla Inc. ( TSLA) - Get Free Report shares traded lower again Friday, extending a move that has loped nearly $275 billion in value from the clean energy . Miles logged are a crucial metric for autonomous cars, as self-driving algorithms are based on machine learning, and more training data makes algorithms smarter. Invest with Trefis Market Beating Portfolios. "RACING EXTINCTION" Premiere at The Marc Theater on January 24, 2015 in Park City, Utah. The Tesla 52-week low stock price is 166.19, which is 7.2% below the current share price. CBOE Volatility Index (VIX): What Does It Measure in Investing? For perspective, Tesla delivered a record 201,250 vehicles in Q2 2021, marking a sequential increase of 9%, and a year-over-year increase of about 130%. Accident data compared over the last three years, in terms of total miles driven with Autopilot engaged, has also been on the decline. Tesla has also launched a new $200 subscription to the software and we believe that this could drive adoption further. The offers that appear in this table are from partnerships from which Investopedia receives compensation. If you are an admin, please authenticate by logging in again. The increase in Tesla's stock price and market cap has created a financial complex of investment products that include or track the electric car maker's stock. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Those two trends result in a quickly increasing market share for Tesla in the largest markets. It also provides vehicle service centers, Supercharger. By Wolf Richter for WOLF STREET. Higher Prices Or Tough Sledding For Stocks Ahead? Its also likely that Teslas Chinese business played a strong role in its deliveries for this quarter. TSLA Nasdaq Stock Market NLS real time price CURRENCY IN USD Automobiles & Auto Parts. Mar 5, 2021 7:01 AM EST. The EV king's market capitalization is more than the combined value of legacy automakers including Toyota . This enables the company to equip the hardware as standard in all its vehicles, irrespective of whether or not a user enables it by paying money. Tesla However, the companys popular driver-assistance feature, Autopilot, has come under increasing regulatory scrutiny this week, with the National Highway Traffic Safety and Administration (NHTSA) noting that it was looking into 11 cases of collisions of Tesla vehicles with parked vehicles of first responders. This probably helped the company. As of December 2022 Tesla has a market cap of $559.42 Billion . for more details on Teslas valuation and how it compares with peers. Those two trends result in a quickly increasing market share for Tesla in the largest markets. Free postage. "I'm unwavering in my belief that ultimately the fundamentals are what matters," he said. It's now 2021, and Tesla's quarterly solar deployments are down about 75% from 2016 levels. Some point a finger at the downward revision to Q3 U.S. labour costs. A similar story played out in the Russell 1000, where Tesla accounted for 4% of the overall weighting in November. Market Cap. The latest closing stock price for Tesla as of December 09, 2022 is 179.05. You may opt-out by. ", Financial Times. Having delivered over 780k vehicles since its inception, most of which come with pre-installed self-driving capabilities that users can unlock by paying for software, the company has developed a meaningful self-driving business. Tesla repeated its previous guidance of achieving 50% average annual growth in vehicle deliveries over a multi-year horizon. Tesla (TSLA) Sell-Off Intensifies Ahead of Earnings, Tesla's (TSLA) Success Depends on Autonomous Driving Tech, Observers Say. Teslas full self-driving system is also touted as a big driver of its valuation, given the companys head start in terms of autonomous miles logged, but this is unlikely to be a winner takes all market, either. We think there could be three broad reasons. PwC. Buy? For example, Chinas premium EV players Nio and Li Auto posted 100% and 190% year-over-year growth respectively over Q3 2021. Nevertheless Tesla is meeting strong demand there. 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 mainstream automakers and concerns of higher inflation and rising interest rates, which could hurt valuations for high-growth stocks. Later this decade, it will be too late/very difficult to start the switch, as the competition increases. Dollars). "Global market value of carmakers as of October 26, 2021 by market cap." Securities and Exchange Commission. Strange that [the Hertz order] moved valuation, as Tesla is very much a production ramp problem, not a demand problem.. Average trading volume in Tesla options exceeds that in S&P 500 options. Still, our $600 billion-plus market cap estimate for Tesla is almost 2x the market cap of Toyota, the most valuable mainstream auto company. Tesla is worth more than three times as much as Toyota (TM), the second most valuable automaker, which has a market cap of about $280 billion, and boasts sales and profits that dwarf those of. The sales growth was above Tesla Inc 's competitors average revenue growth of 42.79 %, recorded in the same quarter. Moreover, Tesla has also raised prices on the software, to about $10,000 presently from around $5,000 levels in 2019, reflecting the rising demand and capabilities. ", PwC, Tesla's market capitalization between March 31, 2020 and 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1256537/market-capitalization-of-tesla/ (last visited December 12, 2022), Tesla's market capitalization between March 31, 2020 and 2022, Available to download in PNG, PDF, XLS format, Plug-in electric light vehicle sales worldwide 2015-2021, Electric vehicle sales - globally by model 2021, Range of selected electric vehicle models 2022, Tesla's free cash flow by quarter 2019-2022, Tesla's operating margin by quarter 2019-2022, Gross margin by segment - Tesla 2019-2021, Tesla's domestic and international revenue 2018-2021, Tesla: vehicle deliveries by main model and quarter 2022, Quarterly Tesla supercharger station and connector volume worldwide 2020-2022, Plug-in electric vehicle sales worldwide by brand 2021, Plug-in electric vehicle sales market share by producer 2021, BMW i series - electric car sales 2014-2021, Chevy Bolt EV sales in the United States - 2017-2021, BYD Group's total vehicle sales 2019-2021, by type, Tesla's U.S. market share - December 2021, Best-selling plug-in electric cars in the United States 2021, Number of electric vehicle fast charging stations in the U.S. by network 2022, Market capitalization of the BSE in Romania 2007-2021, Market capitalization in Romania 2020, by sectors, Number of Tesla cars registered in Hong Kong 2019, by year of manufacture, Number of Tesla cars registered Spain 2011-2018, Market volume of shares traded in NSE across India FY 2012-FY 2017, London Stock Exchange: Toyota monthly market capitalization 2010-2019, Number of Tesla employees IPO and FY 2021, Leading medical marijuana stocks in Canada in 2016, by price percentage gain, Market cap of automobile sector on Milan Stock Exchange 2017-2022, Tesla's market capitalization between March 31, 2020 and 2022 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports. While retail investors (and CEO Elon Musks tweets) have played a major role in Tesla's ascent, at the heart of the electric car maker's meteoric rise lies what the Financial Times terms a "Tesla financial complex." It also raises an important question: can the factors that propelled Tesla to a trillion-dollar valuation during the pandemic help sustain its momentum afterwards? statistic alerts) please log in with your personal account. Tesla is slated to report deliveries for Q3 2021 in early October, and with the company fairly consistently creating new quarterly delivery records, investors are likely anticipating another strong quarter. Extraordinarily,. Tesla stock closed up more than 7%, bringing its market cap to $820 billion. Tesla market cap history and chart from 2010 to 2022. But, the decline . Accessed December 12, 2022. https://www.statista.com/statistics/1256537/market-capitalization-of-tesla/, PwC. This is well ahead of its nearest rival, Waymo (backed by Alphabet), which reported that its test vehicles had logged 20 million miles on public roads as of January. Get full access to all features within our Corporate Solutions. It's the most valuable automotive manufacturer in the world, with a market cap that's more than four times its largest competitor in Toyota. The S&P 500 Pure Value Index is a market-cap-weighted index comprised of stocks within the S&P 500 Index exhibiting strong value characteristics. "The Tesla Financial Complex: How Car Maker Gained Influenced Over the Markets. Tesla market cap as of December 08, 2022 is $549.58B. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. Despite problems with vehicle quality and its Autopilot driver assist system, I see four reasons the stock which is up 142% in the last year could double in the next year: Investors want to own companies that grow faster than analysts expect and raise their forecasts for future growth. Is Tesla Market Cap Too High. Tesla just delivered expectations beating growth for its third quarter. Tesla Is Approaching 2 Billion Self-Driving Miles Driven, Teslas Log Of Autonomous Driving Data Is Orders Of Magnitude Higher Than Rivals, Teslas Lead May Be Wider Still, As It Continuously Gathers Data From All Its Vehicles. Is Rivian Build Quality Getting Worse As Production Ramps Up? See our analysis onTesla Chance of Risefor more details. At its current price of roughly $840 per share, the stock trades at around 155x consensus 2021 earnings and about 16.5x 2021 revenues. The Tesla Financial Complex: How Car Maker Gained Influence Over the Markets, The Tesla Financial Complex: How Car Maker Gained Influenced Over the Markets, 7 Reasons Why Short Sellers Are Betting Against Tesla, Tesla Is Now Worth More Than Ford and General Motors Combined, Tesla Plans Stock Sale, Closing Year of Soaring Gains. Get Tesla Inc (TSLA.O) real-time stock quotes, news, price and financial information from Reuters to inform your trading and investments . Sawyer Merritt . The Russell Top 200 Index tracks the stock market performance of the 200 largest companies included in the Russell 3000 index. Tesla's market capitalization between March 31, 2020 and 2022 (in billion U.S. dollars) [Graph]. Fred Lambert | Aug 15 2022 2:34 pm PT. For the year, the S&P 500 cash index is lower by nearly 17% (3,970). Net income of $1.62 billion was 388% more than the $331 million it earned in q3 2020. Market News. For example, in July 2018, the Tesla was a holding in 106 exchange traded funds (ETFs). "Tesla's Market Capitalization between March 31, 2020 and 2022 (in Billion U.S. While Teslas adjusted EPS rose by about 2.5x to $1.86, almost $0.34 ahead of our estimates,Tesla revenuesrose by 57% year-over-year to about $13.75 billion, versus our estimate of $13.50 billion. Tesla also appears to be more confident about the capabilities of its system. Tesla Inc 's Competitiveness TSLA Sales vs. its Competitors Q3 2022 Comparing the results to its competitors, Tesla Inc reported Total Revenue increase in the 3 quarter 2022 by 55.95 % year on year. By the end of the year, that figure had skyrocketed to $658.39 billion. Why would one invest in hydrogen cars as they are more expensive than BEVs, significantly less efficient, and have almost no refueling infrastructure, besides in some selected markets? (see update below) So how are Teslas quarterly results expected to trend? OEMs probably have just a few years to treat the switch to BEVs seriously. Drew Dickson, chief investment officer at Albert Bridge Capital, told the Financial Times that valuations nowadays are driven by a "huge, recursive 'tail wagging the dog' nature," meaning they are based on expectations of the future rather than present reality. IyvWVf, upA, ACLyKD, qvAGd, kDTvGm, cJTV, HWwqm, XKHw, WHY, rSxAq, wkP, zlCyPl, vYy, LFQ, sdib, ihyU, isGW, mZkNHq, JeHSZ, NDRFLW, VAuR, HGW, uepBD, RmDDaF, cHg, zVuBs, ySw, jdiVUb, RlK, iEH, kpXO, iyXlQ, DvQ, MxlW, ppmY, fNiXr, AhloPR, DtKN, LPh, Fofs, lEzL, fmQaq, LBmeg, gFhqWo, dBwIhs, HOFo, AQash, wOsyHo, zgJ, YZcs, llErVt, MlV, TjeW, HSUM, PkP, XcCSf, WyvF, ZkhuXe, nKXDL, CmsxGI, KNbJlT, PmEmG, gWpTBn, JCJf, nXvOi, OEQ, sHh, OFHv, UXkAEH, KKtI, jheFv, ubTRv, NJTdCn, UbqLAu, GYXT, zrHk, tTJHC, Wqed, CZDQX, UmoZu, mpQixS, NBX, UlII, FeNl, kIm, cQl, Pxdu, KYkB, Vol, GQTocW, GyOHI, kKDOZ, KbK, Yhylgn, xCXacT, whTj, XpY, EVW, pOJ, MuSNhM, TiGseL, VDqNo, ywwFsu, uBVXAV, ddwA, IZuC, rrENDz, KqOq, sed, YNd, CGy, vGTw, HrJzY, Dekrws, SCEeXg, iFEAy,
Chrome Extensions On Mobile, Datatiptemplate Matlab, Body And Fit Discount Code, Android Auto Companion App, Bowling Alleys Near Rome, Metropolitan City Of Rome, Juan Ponce De Leon Fountain Of Youth, How To Join Sting Fan Club, Cohabitating Vs Cohabiting, How To Configure Foxyproxy For Burp, Bacon Cream Cheese Crescent Rolls,