why is tesla stock so high reddit 2021

Its a situation that. Tesla could probably not have survived another year maybe two without turning a profit.

Top 10 Wallstreetbets Stock Tesla Lucid Among Most Mentioned Stocks

The year 2020 was a bumper one for Tesla as a company.

. Tesla rose up to 23to a new high of around 960 per share before paring back gains somewhat and ending the day at 887 per share. Tesla has routinely turned to share issuances to raise billions for investment. Tesla Stock Forecast 2022 2023 2024.

Teslas High Valuations Will Be Justified. If so the price can rise further. If you just look at Teslas raw numbers its hard not to come to the conclusion that the company is way overvalued.

Net income of 162 billion. Tesla stock predictions for next months and years. TSLA is a very speculative stock with lots of optimism because of the nature of the business.

Teslas aggressive investments in production capacity should lead to stronger growth in 2021. On Tuesday the stock kept going. Teslas market cap is over 1 trillion.

So lets list some of the top reasons why the electric vehicle EV stock has a great year ahead. Put simply the price of the stock is currently trading at 200 times. Wall Street analysts anticipate.

Posted on EVANNEX on July 01 2021 by Charles Morris. Its all about the potential man. The electric-car maker increased its sales by 45 percent last year.

Overall while growth is expected to remain strong we still think Tesla stock is expensive. And in the past 40 years when has an American car company successfully ramped up. No profits because they invest everything they can in factories and RD.

You buy stocks for its potential and TSLA is not dividend stocks. It delivered a record 139000 vehicles in the third quarter of 2020 which. Lets look at the most common valuation.

The first is Teslas forward looking price-earnings ratio which is now at 200 according to Morningstar. At its current price of roughly 840 per share the stock trades at around 155x. Im tempted to sell my Tesla stock but I dont really understand why its attracting such a high price at the moment.

Its closing on a trillion-dollar market cap. That interview that Elon did where he smoked the joint finally making the. One major reason why Tesla is valued so much higher than its peers is growth.

The forecast for beginning. Even when Tesla reported its first annual profit and a 28 revenue increase for the year 2020 -- its best-ever financial result -- investors saw no cause to celebrate. A Roth Capital analyst says Teslas stock is worth 150 which would be a 78 discount Published Tue Apr 6 2021 332 AM EDT Updated Wed Apr 7 2021 506 AM EDT Yen.

Tesla stocks rocket-fueled rise has stalled of lateat this writing its in the high 600 range far below the all-time. According to CNBC Tesla reported 1376 billion in revenue 150 million above Refinitiv expectations and about 57 more than the year before. Tesla s TSLA -300 stock is up an incredible 695 in 2020 making it one of the most valuable companies in the world with a 630 billion valuation.

Tesla stock price predictions for May 2022. Not in he short term not in the long term. In October Teslas TSLA 166 stock price rose above the 1000 mark and its market capitalization zoomed past 1 trillion.

Thats because of the bullish momentum that is surrounding Tesla stock. Yes it is. And with a 45 billion market cap today Ford issuing 10 new shares would raise 45 billion up.

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