why is tesla stock so high compared to other companies

Teslas valuation has soared well past other automakers even those which produce millions more cars each year causing Morgan Stanley to take a look at whether Elon. Ad 1000 Strong Buy Stocks that Double the SP.

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Why is Tesla stock so high compared to other companies.

. Then Zacks New Free Special Report Is a Must-Read. These 2 companies are almost exactly the same size. External factors like a trade war with China might slow down Teslas growth rate but Tesla is eating the lunch of all the other car makers and continues to grow its sales exponentially while.

Ad A Simple and Easy Process. The total market cap for Tesla is 52B and 51B for GM. Musk still owns approximately 15 of Teslas common stock.

Companies with high share prices often split their stocks to make the cost of one share more affordable for. Tesla stock price is high simply because they have a less shares outstanding. Experts Share Top Picks.

Teslas ability to drive environment consciousness by lowering CO2 emissions. Three years ago when Tesla was worth 50 billion the companys board promised Musk a huge grant of stock if he could among other things bolster the companys. Excluding vehicles delivered under leases Teslas ASP exceeded 50000 in 2021 down by about 6000 from 2019 when the mix of pricey Model S and Model X sales.

One thing thats less welcome is the high cost of insurance for Tesla vehicles. Tesla Stock Value Forecast Worth Trillions By 2030 Tesla Stock Can Jump Another 50 Thanks To Superior Growth In The Years Ahead Analysts Say Tesla S Market Cap. Teslas Elon Musk owns just over 13.

Using PE ratio Tesla is dramatically more expensive than other car makers like GM and Ford. Anyone with basic knowledge of standard economic principles will likely understand why shares of clothing retailer Gap NYSEGPS performed. Interested In Electric Vehicle Stocks.

A higher PE ratio makes sense for Tesla because it has vastly more depreciable assets than NVIDIA but even going by the EV-to-EBITDA ratio which strips out. Teslas share price doesnt matter so much when you put the above in perspective. Tesla trades for more than 1000 times historic earnings and 161 times.

Start Now at TD Ameritrade. 20 hours agoSep 6 2022 0205PM EDT. Although electric cars are known for having higher insurance premiums in general Tesla.

Teslas stock continued to skyrocket after they announced that it had beaten delivery estimates growing Teslas market valuation to 224 plus billion. The increase in Teslas stock price and market cap has created a financial complex of investment products. Tesla is expected to take advantage of its leading role in the electric vehicle industry and boost output in 2020 and beyond given previous production delays parts shortages labor cost.

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