why is tesla stock so high compared to other companies

20 hours agoNot to get too macabre but KALV stock was on life support this morning. Some of the new entrants Rivian Lucid have high.

Tesla Storms Past 100 Billion In Value Overtaking Volkswagen To Become World S 2nd Largest Auto Company Cleantechnica

ACES Autonomous Connected Electric Shared.

. Since becoming open in 2010 Teslas stock has increased by more than 20000. Experts are divided on whether Teslas sky-high share price is fair. There are over 240 EV companies in China alone making EV cars.

FSD robo taxis the battery highway tractorsemi. Another common argument from Tesla bulls is that Tesla isnt just any old automaker. Tesla is the most valuable automaker by far.

Find Single-Stock ETFs for. Answer 1 of 24. Answer 1 of 9.

Its market capitalization stock price times shares outstanding of 629 billion ranks it sixth among companies on the US. There are a large number of other car manufacturers. Eastern more than 2 million shares traded hands around 172000 shares is the daily.

Its actually a tech company so it should be evaluated against other tech. Tesla is more costly with lower growth than Amazon is more inexpensive but has a higher growth rate than Apple or Netflix and is affordable than Spotify but has substantially lower growth. Three years ago when Tesla was worth 50 billion the companys board promised Musk a huge grant of stock if he could among other things bolster the companys market.

Tesla Stock Is Meaningfully Overvalued. Why is Tesla stock so high compared to other companies. The searing rally has been driven.

Tesla right now at this moment is the only well funded vehicle manufacturer that is actively growing expanding and investing in both future technologies and new. To be strictly accurate - the total value of all of the SHARES in Tesla are more than any other car company. Elon Musk has owned global headlines as his company has skyrocketed by over 700 in the past year.

Its a bet that shareholders are making that Tesla is going to continue being a monster of innovation in the long term. Teslas stock has surged more than 20000 since it went public in 2010. Dec 15 2021 0615AM EST.

The increase in Teslas stock price and market cap has created a financial complex of investment products. Tesla stock has had a stellar run this year rising by about 38 to 1000 taking the companys market cap past the exclusive 1 trillion mark. 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.

Tesla is now by far the most valuable car company in America. The share price of a company isnt what its worth NOW - its what. Investor optimism is that Tesla will maintain a dominant share increase it scale and notch enviable profit margins perhaps more than 10 high-volume luxury carmakers.

Tesla TSLA has been one of the. Production growth EV fever and front person Elon Musk have fueled the explosive surge. Answer 1 of 24.

As I write this on Monday afternoon Teslas market capitalization is 93 billion compared to 50 billion for. Learn the direction Fisher Investments thinks the stock market could go and plan ahead.

The Trillion Dollar Tesla Gamble Tesla Is Either The Future Of Cars Or The Ultimate Meme Stock Fortune