why is tesla stock so high reddit 2021

No profits because they invest everything they can in factories and RD. Its all about the potential man.

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Tesla rose up to 23to a new high of around 960 per share before paring back gains somewhat and ending the day at 887 per share.

. Tesla could probably not have survived another year maybe two without turning a profit. And while the sentiment has turned up I dont think any of the nay sayers are acting like they always knew. That interview that Elon did where he smoked the joint finally making the impact.

You buy stocks for its potential and TSLA is not dividend stocks. Net income of 162 billion was 388 more than. Its closing on a trillion-dollar market cap.

According to Teslarati in 2021 Tesla. Shares in Elon Musks flagship automobile brand Tesla are trading toward the 1000 mark again this year after having fallen from their all-time high in the closing months of 2021. Overall while growth is expected to remain strong we still think Tesla stock is expensive.

The first is Teslas forward looking price-earnings ratio which is now at 200 according to Morningstar. A Roth Capital analyst says Teslas stock is worth 150 which would be a 78 discount Published Tue Apr 6 2021 332 AM EDT Updated Wed Apr 7 2021 506 AM EDT Yen Nee Lee YenNee_Lee. The stock began a rise of more than 50 in the middle of March going from a low of 766 on the fourteenth of the month to a high of 1145 just 21 days later.

On Tuesday the stock kept going. And with a 45 billion market cap today Ford issuing 10 new shares would raise 45 billion up. Ive seen many youtube videos reddit posts articles on why this stock is overvalued at 18 price to sales ratio which implies at least 20-25 sales growth sales growth 6-9x for the next 10 years based on my model.

TSLA is a very speculative stock with lots of optimism because of the nature of the business. Teslas market cap is. Thats because of the bullish momentum that is surrounding Tesla stock.

So lets list some of the top reasons why the electric vehicle EV stock has a great year ahead. So if Tesla starts selling as many cars as the other manufacturers and expands into selling battery tech solar and sharing tech with SpaceX they have far greater potential than any other car company Tesla employees work way more hours than other manufacturers and their passion is amazing. Tesla is the most valuable automaker by far.

Why is tesla stock so high reddit 2021. If so the price can rise further. And in the past 40 years when has an American car company successfully ramped up.

Teslas High Valuations Will Be Justified. In October Teslas TSLA 571 stock price rose above the 1000 mark and its market capitalization zoomed past 1 trillion. Yes it is.

2 days agoHowever to be clear virtually the entire stock market seems to be extremely volatile right now and many companies shares are down even more than Teslas. I am interested in hearing a bull case for doordash. Posted on EVANNEX on July 01 2021 by Charles Morris.

It delivered a record 139000 vehicles in the third quarter of 2020 which helped propel the. Not in he short term not in the long term. Im tempted to sell my Tesla stock but I dont really understand why its attracting such a high price at the moment.

Tesla has routinely turned to share issuances to raise billions for investment. Its market capitalization stock price times shares outstanding of 629 billion ranks it sixth among companies on the US. The electric-car company is worth almost 8 times GM and nearly 13 times F.

Teslas aggressive investments in production capacity should lead to stronger growth in 2021. The recent surge in price. Even when Tesla reported its first annual profit and a 28 revenue increase for the year 2020 -- its best-ever financial result -- investors saw.

The year 2020 was a bumper one for Tesla as a company. According to CNBC Tesla reported 1376 billion in revenue 150 million above Refinitiv expectations and about 57 more than the year before. At its current price of roughly 840 per share the stock trades at around 155x consensus 2021 earnings.

Put simply the price of the stock is. Tesla s TSLA -300 stock is up an incredible 695 in 2020 making it one of the most valuable companies in the world with a 630 billion valuation. Investors have bought in to Elon Musks.

Tesla stocks rocket-fueled rise has stalled of lateat this writing its in the high 600 range far below the all. Why is tesla stock so high. If you just look at Teslas raw numbers its hard not to come to the conclusion that the company is way overvalued.

They made a surprise profit in Q3 and the hype machine is rolling. However TSLA has a much cleaner balance sheet because it carries just 13 billion of debt.

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