why is tesla stock so high reddit 2021

According to CNBC Tesla reported 1376 billion in revenue 150 million above Refinitiv expectations and about 57 more than the year before. Shares of electric car maker Tesla TSLA -712 jumped on Monday.

Tesla Double Charged Some Customers For New Cars

Why Tesla TSLA Stock Surged To New All-Time High In The Stock MarketTesla TSLA Stock Report has been one of the superstars of the stock market in recent months.

. I am interested in hearing a bull case for doordash. Teslas market cap also stands at. Ive seen many youtube videos reddit posts articles on why this stock is overvalued at 18 price to sales ratio which implies at least 20-25.

At its current price of roughly 840 per share the stock trades at around 155x consensus 2021 earnings and about 165x 2021 revenues. Yes it is. Teslas stock is overvalued and worth only 150 according to Craig Irwin senior research analyst at Roth Capital who said the electric carmaker must do.

Im tempted to sell my Tesla stock but I dont really understand why its attracting such a high price at the moment. You buy stocks for its. SAN FRANCISCO June 2 Reuters - Tesla TSLAO chief executive Elon Musk said he had a super bad feeling about the economy and that the electric carmaker needed to cut staff by.

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. So lets list some of the top reasons why the electric vehicle EV stock has a great year ahead. That interview that Elon did where he smoked the joint finally making the.

TSLA was valued at 117 billion by the stock market. Tesla could probably not have survived another year maybe two without turning a profit. As of 1015 am.

Its all about the potential man. Net income of 162 billion. 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.

Investors have bought in to. At first It seemed as if the admiration would continue in 2021 as. Lets look at the most common valuation.

Tesla is unlikely to repeat its 2020 stock performance. In October Teslas TSLA 160 stock price rose above the 1000 mark and its market capitalization zoomed past 1 trillion. By the end of the year that figure had skyrocketed to 65839.

In 2020 when Teslas stock was reaching new high Musk told his millions of followers on Twitters that he believed the stock was too high. The stock rose as much as 67 putting the shares at all-time highs. Teslas market cap is over 1 trillion.

Teslas High Valuations Will Be Justified. In January 2020 Tesla Inc. Not in he short term not in the long term.

Published December 02 2021. Tesla TSLA 160 was the darling stock of 2020. Tesla s TSLA -922 stock is up an incredible 695 in 2020 making it one of the most valuable companies in the world with a 630 billion valuation.

So lets list some of the top reasons why the electric vehicle EV stock has a great. TSLA is a very speculative stock with lots of optimism because of the nature of the business. If so the price can rise further.

The first is Teslas forward looking price-earnings ratio which is now at 200 according to Morningstar. Squawk Box Asia. If you just look at Teslas raw numbers its hard not to come to the conclusion that the company is way overvalued.

Put simply the price of the stock is currently trading at 200 times. TSLA is a very speculative stock with lots of optimism because of the nature of the business. Its a situation that.

And in the past 40 years when has an American car company successfully ramped up. It sent Teslas stock crashing but now it is.

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