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Tesla’s forward price-to-earnings ratio, which divides next year’s estimated earnings per share by the current share price, is 97.1x, according to Yahoo Finance data.
A chart showing the market share of battery electric vehicles. Image source: Tesla. As you can see, EV growth, especially outside of China, has essentially plateaued over the last four quarters.
Tesla's 70% year-to-date share price surge comes after Musk, who is the founder of SpaceX and owner of X, was named the co-leader of the Department of Government Efficiency, or D.O.G.E.
Tesla (NASDAQ: TSLA) has been one of the biggest surprises of 2024. The company first impressed investors with its third-quarter earnings report, which showed strong profit growth, and CEO Elon ...
Tesla shares jumped 3.6%, closing over $479 per share. The stock is up nearly 20% in the past five days, reflecting positive news reports regarding Tesla's — and CEO Elon Musk’s — connection ...
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This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with:. The chart of the day. What we're watching. What we're reading. Economic ...
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