The pandemic created the perfect scenario for a speculative stock like Tesla to flourish. Tesla has started November with a bang, up 8.5% on Monday to reach a brand new closing high of $1,208.59. Why Is CAT stock so high - according to analyst ...2 Reasons to Avoid Tesla Stock Right Now | The Motley Fool With millions of cars, finding your next new car or used car and the car reviews and information you're looking for is easy at Autotrader. Why Does Everybody Hate Tesla Stock so Much? share. At its current sky-high valuation, the dilution from this new offering is fairly minimal, and the extra cash will give the company an additional cushion against a prolonged recession. 219 comments. Tesla shares are likely trading lower primarily because of a bearish day in the overall market. The stock closed at a record just above $883 on January 26 and has tumbled since. Why Tesla stock will rise for the 'next decade': Expert While it might be unusual to poll Twitter followers about stock sales, Musk . So much so fast. Elon Reeve Musk FRS (/ ˈ iː l ɒ n /; born June 28, 1971) is an entrepreneur and business magnate.He is the founder, CEO and Chief Engineer at SpaceX; early-stage investor, CEO and Product Architect of Tesla, Inc.; founder of The Boring Company; and co-founder of Neuralink and OpenAI.With an estimated net worth of around US$304 billion as of January 2022, Musk is the wealthiest person in the . Photo courtesy of Tesla Why is GameStop's stock price so high? Even so, he has a warning: Cathie woods, the ceo of ark invest, predicts tesla stock could go as high as $7,000. Why Is Tesla Stock So High? - Financhill Bottom line: Nio stock is not a buy right now. Tesla's stock continues to rise to ridiculous heights. Its fundamentals don't come close to justifying its price. If you short Tesla at $20, and Elon Musk announces his new car makes you both invincible and unfathomably attractive, causing Tesla's stock to hit $1,000, you're going to lose $980. It commenced production in the California factory, grew by over 650%, announced a stock split, and debuted on the S&P 500. Jim Cramer: Here's Why Apple and Tesla Are So High. Okay, there are seven Yes, seven reasons why not just one or two reasons, seven reasons why Tesla stock is going down so much and so fast. ; A change of 16% or more over five trading days has a 4% . Gerber Kawasaki Wealth and Investment Management CEO Ross Gerber joins Yahoo Finance's Akiko Fujita to discuss what's ahead for Tesla as the automaker's stock reaches another record high. One of the common arguments made to justify Tesla's valuation is that it is more of a technology company than an automaker and should thus be valued as such. The stock market rally had another solid week, with gro . E-commerce. 6 min read Alphabet (GOOG) and Tesla (TSLA) are two of the top tech stocks. Tesla CEO Elon Musk tweeted Friday that Tesla's stock price is "too high imo," and the stock fell immediately after. The stock is trading with P/E ratio of 11.20 right now. It fell . The TSLA Stock is the hottest stock in the stock market today and investors and traders alike are trying to decide whether they should buy Tesla stock now an. Okay, you don't lose $150 billion, roughly, of market cap that fast. Social News. 1. And now there's more good news. There's simply no telling when the auto and green energy company might split its stock again -- if ever. Here's Why Tesla Stock Is Over $1,000 Today Shares of electric-car maker Tesla (NASDAQ: TSLA) are kicking off the year with a bang. why is tesla stock so high today - Yahoo Search Results Ogan continues to expect more upside to Tesla stock. The stock has now closed seven of the eight last sessions at a record high, after the EV giant made history as the first automaker to hit a $1 trillion market cap due to a major new contract with Hertz. Now what. Tesla stock rose 16% over a five-day trading period ending 12/29/2021, compared to the broader market (S&P500) which rose by about 3%. Automakers are among the industries struggling with supply chain issues from the novel coronavirus pandemic. They will survive because there's not enough. After the big earnings . But Tesla has been in News for a while now, Some Probable reasons are, 1.Tesla defied Wall Street's expectations for a loss and actually reported a $15 million profit. It should be noted that Tesla's rich valuation is an important part of the company's fundamental thesis as Tesla can use its equity to raise funds and invest in its business without material. In a series of regulatory filings on Tuesday morning, Tesla said that it has entered into agreements with several investment banks to sell up to $5 billion in stock. Home/Business/ Why The Market Rally Is So Strong; 5 Stocks Near Buys. This thread is archived. Business. The stock market rally had another solid week, with growth and . If Tesla stock was flying high right now, and everybody's just talking about the positive of electric cars and whatnot, maybe a lot more . Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Perhaps, a few reasons including a combination of broader. So what Tesla stock is that ship right now it is caught in the middle of the perfect storm to take this stock down. It's not an elephant in a room, it's a virtual circus of . GameStop's stock price has risen dramatically in a few days due to the work of Reddit community r/WallStreetBets, who have beeen deliberately inflating. The stock rose as much as 10.7% on Monday morning. To find the best stocks to buy or watch , check out IBD Stock Lists and . And so the stock split is a symbolic thing that I pushed Tesla and Apple to do, because I think it's great to have individual investors who can afford the stock. Ding Ting/Xinhua News Agency/Getty Images (Updated: 5:30 p.m. EST, Feb. 4, 2020) Topline: Tesla continues to skyrocket, surging to a new record intraday . Lithium Corporation (LTUM) Stock Price, News, Quote . Find used cars and new cars for sale at Autotrader. So, why is Tesla stock so high? Shares of Tesla ( TSLA) fell 6% Tuesday after closing down 8.5% Monday, wiping out its gains for the year. Right now, Amazon sits at over $3,000 per share and its P/E ratio has gradually decreased over time. Startups. In my humble opinion, Tesla, although a great company, is not a good investment and here are the summed up reasons: Terrible Net Income, even with the 19% growth Outrageous Operating Cash Flow Poor. So, why is Tesla stock so high? Today's move. AMZN stock traded at $312 per share and went on the 10x its value over the next 7 years. So far, he has been right. I'm tempted to sell my Tesla stock but I don't really understand why it's attracting such a high price at the moment. On balance, that seems modestly bullish for auto investors holding Tesla . This ranks it as one of few investments that is not only recovering shareholder value but vastly increasing it during the crisis. Shares of Tesla (NASDAQ: TSLA) are trading lower today, down 3.5% as of 1 p.m. EDT, after the electric-vehicle maker said that it plans to raise $5 billion by issuing new stock.. With unprecedented gains being created in the market, many expect a continuation of this recent increase in investment activity. For comparison, its industry sports an average P/E of 16.47. What people failed to realize was that Amazon was a high growth stock with fast earnings growth. Automakers are among the industries struggling with supply chain issues from the novel coronavirus pandemic. After that, he shared a picture of the stock price of 420.69. At its current sky-high valuation, the dilution from this new offering is fairly minimal, and the extra cash will give the company an additional cushion against a prolonged recession. New comments cannot be posted and votes cannot be cast. Shares of Tesla (NASDAQ: TSLA) are trading lower today, down 3.5% as of 1 p.m. EDT, after the electric-vehicle maker said that it plans to raise $5 billion by issuing new stock. All that said, it's not entirely clear why Tesla's stock was down on Tuesday. Musk sold another $1.05 billion in Tesla stock last week as part of his options exercise and tax payments. Further, there's no reason to get excited about a potential stock split , as it doesn't create any shareholder value. For starters, a pop is just a way to on friday, just before trading ended, tesla's price was hovering around $476, and today it jumped over $50 higher. As Tesla has 959.95 million shares outstanding as of Feb. 1 (according to its 10-K filed on Feb. 10), the market cap for TSLA stock is $783.3 billion. Yet the reason why the Tesla stock price is high right now is because people are believing in this type of stocks. All that said, it's not entirely clear why Tesla's stock was down on Tuesday. But it's a promising and high-growth EV stock, so check back for updates. In 2021, TSLA stock surpassed the $1,000 mark (technically . Answer (1 of 5): I already answered a similar question and i have copied that answer for you. This is one of the most important advantages of Tesla over the competition. Tesla (NASDAQ: TSLA) is up 37% in the past month, mostly on the strength of much better-than-expected third-quarter earnings. hide. Why Is Tesla Stock So High? 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