why is tesla stock so high reddit 2021

While the rest of the economy spends 2020 recovering or at least trying from the global covid-19 shutdowns Tesla Inc bounced back to triple its pre-2020 pricing. Emotion makes for good knee jerk stock jumps but the data-centric reports that dont have tunnel vision on the value of the company only being tied to how many cars are sold will be the closest approximation.

3 Reasons Why Tesla Will Have A Great 2022 Meme Stock Maven

The electric-car maker increased its sales by 45 percent last year.

. The company started off 2021. As of 342 pm. This ranks it as one of few investments that is not only recovering shareholder value but vastly increasing it during the crisis.

On november 10th the day of rivians big public debut teslas stock was still the most popular ticker on reddit according to ape wisdom which tracks the popular stocks on. GMs sales rose just 22 percent last year while F shrank by 10 percent. Investors and analysts have reason to believe that Teslas production capacity will grow substantially in 2021 as new manufacturing plants in.

The car manufacturing itself is. One major reason why Tesla is valued so much higher than its peers is growth. Ad No Hidden Fees or Minimum Trade Requirements.

Tesla stocks rocket-fueled rise has stalled of lateat this writing its in the high 600 range far below the all-time high of 880 that it. Why are premiums so high for options expiring next week. - After shares rocketed higher in 2020 on surging auto deliveries Tesla enters 2021 with plenty of momentum even as its vision of taking electric cars mainstream remains a way off.

Why Tesla TSLA Stock Surged To New All-Time High In The Stock MarketTesla TSLA Stock Report has been one of the superstars of the stock market in recent months. Tesla TSLA Stock Report has been one of the superstars of the stock market in recent months. Open an Account Now.

Since hitting a record 900 per share in January Tesla stock has been in a downward spiral. Wall Street analysts anticipate another 55 percent of upside this year. Ad 1000 Strong Buy Stocks that Double the SP.

Theyre both expected to grow about 13 percent this year. But Tesla is having a rough start to 2021. Why Is Tesla Stock So High.

The big selling started when the stock started surging past 80 a share in the fall of 2020 and gained momentum in 2021 as the stock held above 100 the filings show. EDT the stock was up by about 78. A 3000 share price would put teslas valuation at 3 trillion and make it the most valuable company in the world.

FSD robo taxis the battery highway tractorsemi. The stock was likely trading higher due to a combination of the markets upbeat mood regarding growth stocks and some recent optimistic notes. Put simply the price of the stock is.

Tesla has got a still growing supercharger network Tesla-only fast charging stations mostly at highways for years now and also destination chargers at restaurants hotels etc. The first is Teslas forward looking price-earnings ratio which is now at 200 according to Morningstar. Even when Tesla reported its first annual profit and a 28.

The company started off 2021 by reporting 499550 vehicle deliveries for 2020 just shy of its target. I am surprised that this is still not common knowledge. Jan 8 2021 1 Tesla xcmg85 Id read ARKs thesis how the technicals specifically line up to get Teslas valuation that high.

This is one of the most important advantages of Tesla over the competition.

Tesla Stock Surged 695 In 2020 Is It A Buy For 2021 The Motley Fool