why is tesla stock so high reddit 2021

Teslas market cap also stands at. Experts are divided on whether Teslas sky-high share price is fair.

Why Is Tesla Tsla Stock Dropping Seeking Alpha

Furthermore analysts disagree on whether Teslas exorbitant stock price is justified.

. TSLA was valued at 117 billion by the stock market. Shares of Tesla continue to surge on Thursday closed 79 higher. Since becoming open in 2010 Teslas stock has increased by more than 20000.

Tesla stock is up 142 in the last year its market cap could surpass 2 trillion in 2022. Published December 02 2021. ACES Autonomous Connected Electric Shared.

Published December 02 2021. They made a surprise profit in Q3 and the hype machine is rolling. Shares of Tesla TSLA -005 rose 243 in December according to data from YCharts.

The red-hot electric vehicle manufacturer appears to have benefited from being added. Last year 70 million cars. At its current price of roughly 840 per share the stock trades at around 155x consensus 2021 earnings and about 165x 2021 revenues.

Tiny company is a sneaky EV play that no ones. 2 votes and 25 comments so far on Reddit. Teslas stock has surged more than 20000 since it.

Teslas market cap is over 1 trillion. By the end of the year that figure had skyrocketed to 65839. In January 2020 Tesla Inc.

In January 2020 Tesla Inc. Elon Musk has owned global headlines as his company has skyrocketed by over 700 in the past year. FSD robo taxis the battery highway tractorsemi.

That is why Tesla is so successfulTesla shares are forecasted to reach 840 in the next 6-12. Its a bet that shareholders are making that Tesla is going to continue being a monster of innovation in the long term. Why is tesla stock so high reddit Sunday March 20 2022 Edit.

So lets list some of the top reasons why the electric vehicle EV stock has a great year ahead. Feb 7 2021 516 AM. Teslas High Valuations Will Be Justified.

The company started off 2021 by reporting 499550 vehicle deliveries for 2020 just shy of its target of 500000. These price forecasts are based on the forecast of 20 global EV adoption in 2025.

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More Pain Still To Come With Tesla Still At A Pe Ratio Of Around 300 Its The Last Thing Still Propping Up The Nasdaq And Arkk Many Stocks Down 40 70 This Big