why is tesla stock so high reddit 2021

Tesla s TSLA 254 stock is up an incredible 695 in 2020 making it one of the most valuable companies in the world with a 630 billion valuation. Teslas stock has surged more than 20000 since it.

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There is a legitimate demand for and supply of electric vehicles and the supply chain only responds to legitimate market demand for a product not to investors overtly high.

. TSLA was valued at 117 billion by the stock market. On the back of a huge deal with Hertz Global Holdings Inc. Experts are divided on whether Teslas sky-high share price is fair.

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. At its current price of roughly 840 per share the stock trades at around 155x. So he became a master of manipulating the stock price in order to get his incentive bonuses.

Open an Account Now. If so the price can rise further. That is how Tesla.

Shares of electric car maker Tesla TSLA 074 continued their sharp trend upward this week. As of 342 pm. TSLA is a very speculative stock with lots of optimism because of the nature of the business.

Its all about the potential man. Tesla TSLA stock forecast. You buy stocks for its.

Im tempted to sell my Tesla stock but I dont really understand why its attracting such a high price at the moment. Shares in Elon Musks flagship automobile brand. Even when Tesla reported its first annual profit and a 28 revenue increase for the year 2020 -- its best-ever financial result -- investors saw no cause to celebrate.

The stock closed at a record just above 883 on January 26 and has. Teslas stock price is so high for one reason. The stock was likely trading.

Tesla TSLA stock forecast. By the end of the year that figure had. Tesla stock price has increased since the beginning of 2020.

Shares of Tesla TSLA fell 6 Tuesday after closing down 85 Monday wiping out its gains for the year. Because investors have started feeling more positive about the prospect of electric transports. The chart has now regressed to the 1000 support line and early indications in the premarket are that Tesla shares may breach this too.

In January 2020 Tesla Inc. Investors have bought in to. EDT the stock was up by about 78.

Its a situation that. Its a bet that shareholders are making that Tesla is going to continue being a monster of innovation in the long term. Not in he short term not in the long term.

Published December 02 2021. Overall while growth is expected to remain strong we still think Tesla stock is expensive. Why is tesla stock so high.

In October Teslas TSLA 255 stock price rose above the 1000 mark and its market capitalization zoomed past 1 trillion. Shares of electric car and green energy company Tesla TSLA 193 soared on Tuesday. Growth for the company or for the stock.

Teslas market cap is over 1 trillion. FSD robo taxis the battery highway tractorsemi. Ad No Hidden Fees or Minimum Trade Requirements.

The stock rose as much as 111 during the week and was up 106 as of. Tesla Inc NASDAQTSLA has once again proved the doubters wrongwith another surge by Tesla stock. So lets list some of the top reasons why the electric vehicle EV stock has a great year ahead.

That interview that Elon did where he smoked the joint finally making the. Feb 7 2021 516 AM. The offer per share 5420 is reminiscent of Musks.

For the company Tesla will double production in 2021 complete two factories that over time will each be larger than their two existing factories. TSLA stock is at 90650 up about 14 in recent trading. Teslas High Valuations Will Be Justified.

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