why is tesla stock so high compared to other companies

Elon Musk has owned global headlines as his company has skyrocketed by over 700 in the past year. 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 despite selling a.

Why Tesla Stock Popped Today The Motley Fool

Turn off the stock market.

. Pretend that it no longer exist. Whether because of its electric cars the antics of eccentric CEO Elon Musk or the companys exciting technological advancements Tesla is undoubtedly one of the most well-known and successful companies in todays world. But many Wall Street analysts.

Are EV Stocks the Next Gold Rush. Dec 15 2021 615AM EST. Its trading like a tech stock during the dotcom bubble at the turn of the millennium.

As the world moves forward driven by government regulation to reduce CO2 levels Tesla. The electric-car company is worth almost 8 times GM and nearly 13 times F. Zacks Free Report Highlights Our Top Stock Picks.

The searing rally has been driven by production growth EV frenzy and frontman Elon Musk. Tesla stock NASDAQTSLA has had a stellar run this year rising by about 38 to 1000 taking the companys market cap past the exclusive 1 trillion mark. For years potential competitors kept an eye on Tesla as it absorbed all the risk.

Teslas stock value has increased over 1000 since March of 2020. Tesla became the first US. With a market capitalization about 1 trillion dollars in Nov 2021 but 08T in Feb 2022 is Tesla market cap too high.

The biggest problem is that the future is already baked into its stock price. Is Tesla Market Cap Too High. Because Tesla is the embodiment of the future of the car industry.

It has a price-to-earnings ratio PE of 1200 meaning that for every one dollar of earnings Tesla enjoys 1200 of market cap. In the first half of 2019 Tesla suffered in the face of concerns about market demand and whether or not the company will make a profit. ACES Autonomous Connected Electric Shared.

Can Tesla Stock Rebound To 1 000 Levels Again Nasdaq Tsla Seeking Alpha. The growth stock s gain was likely driven by a. I cover the stock market investing and technology.

Tesla stock has a sky-high valuation much to the delight of bulls and the disgust of bears. Now download the latest annual 10k report from the SEC of Tesla and then juxtapose that report against the latest 10k report of a competitor such as. TSLA was valued at 117 billion by the stock market.

Tesla is the most valuable automaker by far. In January 2020 Tesla Inc. It entered 2021 with a market capitalization around 700 billion and climbing.

The companynow with a market capitalization near 900 billionis worth roughly three. Its market capitalization stock price times shares outstanding of 629 billion ranks it sixth among companies on the US. Just turn it off.

The combined market cap of the next 10 auto manufacturers including Toyota Volkwagen General Motors Ford and Stellantis is only as much as that of Tesla. Although the global economy lies in. However TSLA has a much cleaner balance sheet because it carries just 13 billion of debt.

Get Our Free Report to Find Out. Tesla stock has had a stellar run this year rising by about 38 to 1000. Their sales are down in 2019.

Teslas stock has surged more than 20000 since it went public in 2010. Three years ago when Tesla was worth 50 billion the companys board promised Musk a huge grant of stock if he could among other. Just turn it off.

By the end of the year that figure had skyrocketed to. They will survive because theres not enough. Answer 1 of 23.

The growth stocks gain was fueled by the continued momentum of its shares since the company reported strong third-quarter earnings earlier this month a big order of Tesla vehicles from Hertz. Thats more than all the other car manufacturers combined. Tesla TSLA -92 stock surged to all-time highs today breaking above 1000 per share for the first time in the history of the company.

The so called giant car companies are already in the decline. Tesla Stock Is Meaningfully Overvalued. Data for each company is in the table.

In January 2021 Tesla became the fifth most valuable company surpassing Facebook by market capitalisation. Ad Are Electric Cars the Next Opportunity to Make a Fortune. I already answered a similar question and i have copied that answer for you.

Shares of Tesla NASDAQTSLA surged on Thursday rising about 71 as of 230 pm. Answer 1 of 5. Tesla CEO Elon Musk has built Tesla into one the most powerful brands in the world.

The Tesla Bear Case. But in the second half of the year the stock bounced back reaching a bevy of new all-time high share prices and recording profits in both the third and fourth quarters.

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