why is tesla stock so high right now

Well the growth itself hasnt been bad at all. Tesla the hottest stock in the market for more than a year has sunk into bear market territory.

Tesla Stock Forecast Tesla Surges 7 On Friday As Twitter Overhang Wanes On The Stock Crowdwisdom360

Im tempted to sell my Tesla stock but I dont really understand why its attracting such a high price at the moment.

. I already answered a similar question and i have copied that answer for you. As appropriate for social era the stock market now a days moves with tweets on social media. A 20 net income.

At first It seemed as if the admiration would continue in 2021 as share prices hitting a. With earnings-per-share of 124 in Q1 2020 its PE ratio is 12452. What are analysts forecasts for Tesla stock.

New York CNN Business. Teslas stock has surged more than 20000 since it went public in 2010. 1 day agoRents increased 113 in 2021 and continue to rise in 2022.

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. Tesla has got a still growing supercharger network Tesla-only fast charging stations mostly at highways for years now and also destination chargers at restaurants hotels etc. So why was Tesla stock trading down by 2 as of 1137 am.

They made a surprise profit in Q3 and the hype machine is rolling. Tesla TSLA -27 stock surged to all-time highs today breaking above 1000 per share for the. Tesla stock has had a stellar run this year rising by about 38 to 1000.

I am surprised that this is still not common knowledge. But 1000 is about 33 higher than where Tesla stock trades today and. The next support then becomes.

According to the latest data from SP Global Market Intelligence Teslas balance sheet boasts 177 billion in cash against only 89 billion in. A 49 equity growth for the past 9 years. Tesla TSLA 035 was the darling stock of 2020.

On the one hand as The Fly reports Goldman Sachs lowered its target on Tesla shares from 1200 to 1000. Its actually been quite good. Its so high that Tesla is putting 4000 more people on the payroll at the site as Reuters reported Friday morning.

It is a minor albeit sexy manufacturer of electric vehicles. The 95 analysts offering price forecasts for Tesla have a median target of. Real reason why tesla is so high -.

TSLA took a 24 tumble as US. Answer 1 of 5. Their sales are down in 2019.

This is one of the most important advantages of Tesla over the competition. Shares of Tesla TSLA fell 6 Tuesday after closing down 85 Monday. Try refreshing the page.

Tesla Stock Is Meaningfully Overvalued. According to the current price Tesla is 6110 away from the 52-week high. The chart has now regressed to the 1000 support line and early indications in the premarket are that Tesla shares may breach this too.

I cover the stock market investing and technology. Fundamentals are old fashioned. Now if you add the increase in energy prices gasoline and heating food inflation and the higher cost of anything that has to be.

1 day agoSo what. There is nothing fundamental from a financial perspective to justify Teslas stock price. Media obsessed over Elon Musks emailed ultimatum.

So too is Teslas price-to-earnings ratio. Short shorts funding secured auto driving in 6 months are the things that move the stocks. The so called giant car companies are already in the decline.

That interview that Elon did where he smoked the joint finally making the impact. Tesla office workers must cease working. Yesterday shares of electric car leader Tesla NASDAQ.

Im tempted to sell my Tesla stock but I dont really understand why its attracting such a high price at the moment. Tesla stock is down 32 year to date which can probably be attributed to a high valuation as much as anything else as the stock entered the. The searing rally has been driven by production growth EV frenzy and frontman Elon Musk.

17 hours agoWhat happened. Its so high that Tesla is putting 4000 more people on the payroll at the site as Reuters reported Friday morning. Tesla TSLA stock forecast.

But many Wall Street analysts. Because Tesla is the embodiment of the future of the car industry. They will survive because theres not enough.

And somehow it is the worlds most valuable car company. Tesla is unlikely to repeat its 2020 stock performance.

Tesla Stock Pops As Elon Musk Hints He Could Scrap Twitter Deal

How To Buy Tesla Stock In 2022 With 0 Commissions