why is tesla stock so high right now

You buy stocks for its potential and TSLA is not dividend stocks. Teslas stock continued to skyrocket after they announced that it had beaten delivery estimates growing Teslas market valuation to 224 plus billion.

The Simple Bull Case For Tesla Stock The Motley Fool

Read why Volkswagen is a better EV company than Tesla.

. Share to Linkedin. Its fundamentals dont come close to justifying its price. Well first of all we can look at the Net Income and see that Tesla hasnt been profitable from a full year.

It sold only 34 as many vehicles as Toyota. TSLA stock is up another 21 in the past five days. Tesla TSLA Stock Report has been one of the superstars of the stock market in recent months.

Tesla stock is definitely going to be 8000 but on pre-split basis. Its all about the potential man. Find out why Tesla is.

Overall while growth is expected to remain strong we still think Tesla stock is expensive. The pandemic created the perfect scenario for a speculative stock like Tesla to flourish. A 49 equity growth for the past 9 years.

The company started off 2021. 300p Barrons FOMC Decision April Jobs Numbers First-Quarter. A 20 net income.

SP 500 books the worst start to a year since 1939. No further TSLA sales planned after today -- Elon Musk elonmusk April 29 2022. Tesla TSLA 28 stock surged to all-time highs today breaking above 1000 per share for the first time in the history of the company.

They made a surprise profit in Q3 and the hype machine is rolling. Tesla TSLA -077 was the darling stock of 2020. Real reason why tesla is so high -.

This tweet seems to be the reason Tesla stock is up 48 as of 1030 am. That is post split it touched 500 that means pre-split level it is 2500. Why Tesla TSLA Stock Surged To New All-Time High In The Stock Market.

At first It seemed as if the admiration would continue in. That interview that Elon did where he smoked the joint finally making the impact. That is one of the causes of the surge in prices lately.

The question on many investors minds. THIS is the reason why Tesla stock is priced so high right now Yet the company behind Infinite Energy is already way ahead And look Im not suggesting that Tesla wont be a significant player in the rollout of green energy technology. Musks net worth has grown by 5 billion at market close on June 26 bringing his growing fortune to somewhere close to.

Teslas Elon Musk owns just over 13 of Teslas stock and is the largest beneficiary of this growth in stock. Teslas market cap is over 6000 times greater than its 2019 earnings. This stock may move much during the day volatility and with a large prediction interval from the Bollinger Band this stock is considered to be high risk.

Stock splits of course create. Tesla is unlikely to repeat its 2020 stock performance. Fundamentals are old fashioned.

At its current price of roughly 840 per share the stock trades at around 155x consensus 2021 earnings. 303p A rough 4 months for stocks. TSLA is a very speculative stock with lots of optimism because of the nature of the business.

Not in he short term not in the long term. It will touch 1600 in next 10 years. For the last week the stock has had a daily average volatility of 785.

Five Stocks That Will Define The Next Decade of Retirement. Capturing the stocks momentum for the full month Tesla shares are up more than 40 since the beginning of October. During the last day the stock moved 6440 between high and low or 740.

Except that theres no such thing as a free lunch and the options are at least as dangerous as Tesla stock right now and many options trades are. 82427 -534 This stock has high. Currently we are waiting for Q2 report from Tesla that should be coming in a few days and if the report comes showing a profit Tesla can enter the SP500 Index.

It will touch 1000 in next five years. Well the growth itself hasnt been bad at all. Short shorts funding secured auto driving in 6 months are the things that move the stocks.

Its actually been quite good. While this one may look obvious we did call for 1000 to break late week when the stock was still near 1200 so a 20 gain in a few sessions. Right now there are more than 120 models of electric vehicles to choose from in the United States.

Teslas stock continues to rise to ridiculous heights. Im tempted to sell my Tesla stock but I dont really understand why its attracting such a high price at the moment. No profits because they invest everything they can in factories and RD.

Ad Five Under-The-Radar Investments You Cant Afford to Miss. So post split level it has to be 1600 to be considered as 8000 pre split. Heres what pros say you should do now.

As appropriate for social era the stock market now a days moves with tweets on social media. The main catalyst for the move higher is a recently announced stock split planned for Aug.

Tesla Stock Forecast Tesla Shares Down By Nearly 7 Outlook Is Sell Crowdwisdom360