Today's Tesla Stock Price: $916.93 (TSLA)
Key Metrics
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Market cap: $921.9B
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52-week high: $1,243.49
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52-week low: $212.59
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Trailing P/E: 64.06
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EPS (TTM): $14.29
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Revenue (TTM): $78.6B
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Gross margin: 26.2%
Stock Performance
Tesla's stock has been on a wild ride in recent years. After a meteoric rise in 2021, the stock plummeted in 2022 amid concerns about the global economy, competition, and CEO Elon Musk's distractions.
Current Catalysts
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Electric vehicle demand: Demand for electric vehicles remains strong, and Tesla is the market leader.
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Cybertruck production: The highly anticipated Cybertruck is scheduled to begin production in mid-2023.
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New battery technology: Tesla is developing new battery technologies, such as the 4680 battery, which could significantly reduce costs and increase range.
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Energy storage business: Tesla's energy storage business is growing rapidly, driven by the demand for renewable energy and grid stability.
Analysts' Outlook
Analysts are generally optimistic about Tesla's long-term prospects. However, some are concerned about the stock's high valuation and the potential impact of competition.
Common Mistakes to Avoid
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Chasing the stock: Don't buy Tesla stock just because it's gone up. Do your research and understand the risks involved.
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Investing too much: Don't put all your eggs in one basket. Tesla is a high-growth stock, but it's also volatile.
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Panic selling: Don't sell your stock out of fear when the market fluctuates. Long-term investors should ride out short-term volatility.
How to Invest in Tesla
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Buy now: If you believe in Tesla's long-term potential, you can buy the stock outright.
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Invest in an ETF: There are several ETFs that include Tesla in their portfolio, such as the ARK Innovation ETF (ARKK).
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Options trading: You can use options to trade Tesla's stock without buying it outright.
Frequently Asked Questions
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Is Tesla a good investment? Tesla is a high-growth stock with significant upside potential. However, it's also volatile and should be considered a long-term investment.
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What is Tesla's growth rate? Tesla's revenue has grown at an average annual rate of 50% over the past five years.
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What is Tesla's debt level? Tesla has a relatively low debt level compared to its peers.
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What are the risks of investing in Tesla? The risks of investing in Tesla include competition, regulatory changes, and technological disruptions.
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What are Tesla's key competitors? Tesla's key competitors include Ford, General Motors, Toyota, and BYD.
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What is Tesla's vision for the future? Tesla's vision is to accelerate the transition to sustainable energy.