why is tesla stock so high compared to other companies

Its market capitalization stock price times shares outstanding of 629 billion ranks it sixth among companies on the US. Ad We Take The Complication Out Of Stock Trading So You Can Easily Profit.

Tesla Ceo Elon Musk Says Stock Price Is Too High Shares Fall

Fundamentals are old fashioned.

. It is a minor albeit sexy manufacturer of electric vehicles. Teslas stock has surged more than 20000 since it went public in 2010. Tesla CEO Elon Musk has built Tesla into one the most powerful brands in the world.

The 10 others less the biggest three is 450 billion 1000 550. Our Picks Generate Huge Profits For Our Subscribers With Just A Very Small Investment. The companynow with a market capitalization near 900 billionis worth roughly three times.

Tesla stock has a sky-high valuation much to the delight of bulls and the disgust of bears. Tesla Stock Is Meaningfully Overvalued. Teslas valuation has soared well past other automakers even those which produce millions more cars each year causing Morgan Stanley to take a look at whether Elon Musks company is.

Now download the latest annual 10k report from the SEC of Tesla and then juxtapose that report. Try refreshing the page. Just turn it off.

Zacks Free Report Highlights Our Top Stock Picks. Teslas market capitalization has increased by more than 500 billion in 2020 and the company is now worth about as much as that of the nine largest car companies globally. As I write this on Monday afternoon Teslas market capitalization is 93 billion compared to 50 billion for.

Lets compare that to other auto manufacturers. So Teslas one day jump was just under a quarter of that not more than all of it combined. 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.

Shares in Elon Musks flagship automobile brand Tesla are trading toward the 1000 mark again this year after having fallen from their all-time high in the closing months of 2021. Answer 1 of 23. There is nothing fundamental from a financial perspective to justify Teslas stock price.

Tesla is the most valuable automaker by far. Turn off the stock market. Its actually a tech company so it should be evaluated against other tech.

Tesla TSLA -27 stock surged to all-time highs today breaking above. TSLA is currently trading at 650 per share with a PE. Pretend that it no longer exist.

I cover the stock market investing and technology. After the agreement of a phase one deal Tesla was able to lower the price of the Model 3. And somehow it is the worlds.

Although this value jumped to 473 over the past three months that is still 45 less than the PE ratio measured in October 2020. ACES Autonomous Connected Electric Shared. As appropriate for social era the stock market now a days moves with tweets on social media.

In the imminent future the firm has said it will work with local suppliers to even. Teslas Price is Extremely High. Elon Musk has owned global headlines as his company has skyrocketed by over 700 in the past year.

Tesla stock has had a stellar run this year rising by about 38 to 1000 taking the companys market cap past. Get Our Free Report to Find Out. For years potential competitors kept an eye on Tesla as.

The red-hot electric vehicle manufacturer appears to have benefited from being added. Ad Are Electric Cars the Next Opportunity to Make a Fortune. Far below Tesla Amazon ranked as the company.

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. Woods prediction would mean Teslas market value easily exceeds 1 trillion within five years nearly 10 times the companys current valuation. Are EV Stocks the Next Gold Rush.

Tesla is now by far the most valuable car company in America. Almost every metric you could use to value Tesla says the share prices are extremely high. Shares of Tesla TSLA -642 rose 243 in December according to data from YCharts.

Another common argument from Tesla bulls is that Tesla isnt just any old automaker. The searing rally has been driven by production growth EV frenzy and frontman Elon Musk. Short shorts funding secured auto driving in 6.

Why Tesla Stock Popped Today The Motley Fool