why is tesla stock so high now

As appropriate for social era the stock market now a days moves with tweets on social media. Year to date the stock has fallen 37.

What Happened To Tesla S Stock Price Since The Last Ai Day

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.

. 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. Tesla TSLA -755 stock galloped out of the gate Thursday morning -- up 23 as of 1025 am. 4 2021 leading some investors to wonder whether now might finally be the time to take a closer.

The searing rally has been driven. Oh and they make those gas station replacements. Experts are divided on whether Teslas sky-high share price is fair.

Dividend History Statistics. Tesla CEO Elon Musk has 10 more days to close his purchase of Twitter for 5420 a share or face the consequences of failing to do so. Short shorts funding secured auto driving in 6.

Higher rates hurt richly valued growth stocks such as Tesla more than others because the bulk of those companies profits are expected to roll in years from. Why Tesla Stock Sold Off 7 Today. As of 1237 pm.

Cars and car motors and motor controllers and now they make batteries and battery controllers. They just revealed their ten top stock picks for investors to buy right now. Learn more at Direxion.

Why is Tesla stock so high. Click here to get access to the. Teslas revenue surged 56 year over year to 215 billion in the third quarter.

Teslas ability to drive environment consciousness by lowering CO2 emissions from. Weve detected you are on Internet. A weakoned share price.

Tesla is on the list -- but there are nine others you may be overlooking. 1 day agoSo what. There is nothing fundamental from a financial perspective to justify Teslas stock price.

Tesla TSLA -46 stock surged to all-time highs today breaking above 1000 per share for the first time in the history of the company. Currently analysts expect that. Teslas share price doesnt matter so much when you put the above in perspective.

It is a minor albeit sexy manufacturer of electric vehicles. They dont understand the value 1-3 years can be when a company is increasing revenue 50-70 a year. ET before falling back around midday -- as the company announced a Cyber.

Im tempted to sell my Tesla stock but I dont really understand why its attracting such a high price at the moment. ET on Tuesday the stock was still holding a 070 gain on the day slightly trailing the broader market. TSLA with a revenue of 538.

Fundamentals are old fashioned. This article is more than 2 years old. Tesla closed Fridays session at less than half its closing high back on Nov.

Just last year Tesla was short on cash. New York CNN Business. Teslas stock has surged more than 20000 since it went public in 2010.

And somehow it is the worlds. Teslas stock price is set to drop at the opening bell Thursday but not because of anything Elon Musk tweeted about demand for electric. 2 hours agoTesla CEO Elon Musk has 10 more days to close his purchase of Twitter for 5420 a share or face the consequences of failing to do so.

That fell short of Wall Streets expectations for revenue of 22 billion. As appropriate for social era the stock market now a. The thing about exponential growth is humans live and think on linear scales.

Get Our Free Report to Find Out. In May of 2019 the automaker was selling debt and additional shares of stock to raise 27 billion to refill the coffers.

The Divide Between Tesla S Sky High Value And Reality Mirrors The Broader Economy