why is tesla stock so high quora

Many Tesla TSLA-037 watchers know the stock has been on a major roll recently. Ad No Hidden Fees or Minimum Trade Requirements.

How Do Large Investors Sell Their Stake In A Company Without Crashing The Market And Losing Value Of Their Shares Quora

Teslas Elon Musk owns just over 13.

. Overall while growth is expected to remain strong we still think Tesla stock is expensive. Get Our Free Report to Find Out. Cars and car motors and motor controllers and now they make batteries and battery controllers.

The stock of Tesla is so high because of the following factors. Ad Diversify your portfolio with guidance from investment professionals. ACES Autonomous Connected Electric Shared.

Teslas New Berlin Gigafactory Opened. In this Quora thread for instance one Tesla owner calls the. Extra money in your bank account.

Heres where we think you should invest. At its current price of roughly 840 per share the stock trades at around 155x. Zacks Free Report Highlights Our Top Stock Picks.

Elon Musk has referred to Teslas as laptops on wheels and this is an opinion Tesla owners seem to share. Elon Musk has owned global headlines as his company has skyrocketed by over 700 in the past year. Why is tesla stock so high.

Initiatives for an Aggressive Price. Ad 1000 Strong Buy Stocks that Double the SP. Oh and they make those gas station replacements.

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. In just the last month the shares are up nearly 30. Tesla is overvalued and not by a small degree.

Ad Are Electric Cars the Next Opportunity to Make a Fortune. Dec 30 Reuters - Tesla Inc TSLAO is recalling more than 475000 of its Model 3 and Model S electric cars to address rearview camera and trunk issues that increase the risk of crashing. The searing rally has been driven by production growth EV frenzy and frontman Elon Musk.

On the question of if Tesla is overvalued by parameters used most of the time to value equities the answer is quite simple. But this is where. Open an Account Now.

Teslas stock has surged more than 20000 since it went public in 2010. Are EV Stocks the Next Gold Rush. Teslas stock continued to skyrocket after they announced that it had beaten delivery estimates growing Teslas market valuation to 224 plus billion.

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