Tesla Stock Share Price in the United States is experiencing a roller coaster ride over the past few months. Despite reaching a record high of $900 in January and dropping to $637 in March, the stock is currently trading around $770. The future of Tesla’s share price remains uncertain, but many analysts remain optimistic that it will continue to rise.
Despite concerns about the company’s high debt levels and lack of profitability, investors remain bullish on Tesla’s stock, citing its innovative technology and revolutionary business model as reasons to invest. Below do watch real-time u s stock quotes. and current price of u s Markets.
Tesla Inc Company Profile Overview
Tesla Inc. is plighted in the design, development, production, and sale of electric vehicles and energy production and storage systems. The business comprises two segments:
1st – Automotive Segment, relating to the design, development, and manufacture of fully electric vehicles, sale, and leasing of electric cars in addition to sales of automotive regulatory credits.
2nd – Energy Generation and Storage which covers the design, fabrication, set up, sale, and lease of stationary energy storage products and solar energy systems as well as sales of solar energy system rewards.
The business was set up by Jeffrey B. Straubel, Elon Musk, Martin Eberhard, and Marc Tarpenning on July 1st, 2003 with its headquarters based in Austin TX.
This is backed up by non-warranty services such as after-sales offerings, used vehicle sales, and merchandise sales in addition to insurance coverage for their cars. Their energy division offers solar energy systems and incentives on top of Powerwall and Megapack lithium-ion storage battery products. Tesla’s models range following segments – The Model 3 to The Model X, The Model Y, and The Model S Sedan line of vehicles.
Here is some special news on the Market Value of Tesla & solar energy systems incentives
Tesla Stock Share Price History
The history of Tesla share price has been nothing short of volatile. Since its initial public offering (IPO) in 2010, the stock has seen many ups and downs, with some significant price swings in both directions. For instance, in 2020, Tesla’s stock price soared by over 740%, making it the most valuable automaker in the world. However, in the first quarter of 2021, the stock experienced a significant correction, declining by more than 30%.
Despite this volatility, Tesla’s stock share price has outperformed other major players in the auto industry over the past decade. For instance, from 2011 to 2020, Tesla’s stock price has risen by more than 20 times, while General Motors (GM) stock price has only increased by around 1.5 times during the same period. Similarly, Ford’s (F) stock price has remained relatively flat over the past decade, while Tesla’s stock has seen incredible growth.
Factors Influencing Tesla Stock Share Price
Tesla’s stock share price is influenced by various factors, including the company’s financial performance, production and delivery numbers, industry trends and regulations, and company announcements and leadership changes.
Previous Close | Outstanding Shares |
Opening Price | $164.65 |
52 Week High ▲ | $336.21 |
52 Week Low ▼ | $101.81 |
Market Capital | $522.33B |
OutStanding Shares | 3.16B |
P/E Ratio – EPS | 47.20 – $3.40 |
Dividend Yield | N/A – N/A |
Average Volume | 163.26M |
Days Range | 158.61 – 165.65 |
Tesla Stock Financial Performance
TSLA Financials: The PastPerformance is a crucial factor in determining its stock share price. Investors typically look at the company’s revenue and earnings growth, profit margins, and debt levels to evaluate its financial health. Tesla’s revenue has grown significantly over the past few years, from $7 billion in 2016 to over $31 billion in 2020. Similarly, the company’s earnings per share (EPS) have improved dramatically, from a loss of $2.44 in 2016 to a profit of $2.24 in 2020.
Nasdaq falls ahead of tech earnings, economic data
(NASDAQ: TSLA), Tesla’s profit margins have also improved over the years, indicating the company’s ability to generate higher profits per unit sold. For example, Tesla’s gross profit margin has increased from 18.6% in 2016 to 23.5% in 2020. Additionally, Tesla has reduced its debt levels in recent years, indicating a stronger financial position.
Here are the last three Quarterly results of TSLA Stock to watch out for.
Quarterly Ending | 12/31/2022 | 9/30/2022 | 6/30/22 |
---|---|---|---|
Total Revenue | $24.32M | $21.45M | $16.93M |
Cost of Revenue | $18.54M | $16.07 | $12.70M |
Gross Profit | $5.77M | $5.38M | $5.46M |
Net Income | $3.68M | $3.29M | $3.31M |
FAQ – Tesla Share Price
What is the current price of Tesla?
The current price of TSLA is $161.08
What is the future growth of Tesla Stock?
The future growth of Tesla looking at the previous quarterly results is very bright to invest.
What are the models of Tesla Car in U S
Tesla’s models range following segments – The Model 3 to The Model X, The Model Y, and The Model S Sedan line of vehicles.
Ashish Dwivedi is the founder and chief editor of MoneyMystica, a top resource for finance, insurance, and share market insights. Driven by a passion for empowering individuals to make informed financial decisions, Ashish uses his extensive knowledge and practical experience to offer clear and actionable advice.