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Compared to other companies in this category, Tesla currently has a high PE ratio. World PE Ratio puts the average Consumer Cyclical company PE ratio at 25.87 as of November 8, 2024.
On Nov. 4, 2024, Tesla shares closed at $242.84 — just below their price on the pre-launch start date of Nov. 30, 2023, when Tesla closed just above $244. Two days later, however, Tesla closed ...
The company is vying with Tesla for the world’s top selling EV maker. Fourth-quarter production of 459,445 vehicles was below total deliveries for the quarter, and full year production of 1.77 ...
The charging network companies are now also offering Tesla EVs access to their stations. But Tesla's Supercharger network is still the dominant charging infrastructure in North America.
In 2022, Fortune included Tesla in Big Tech, and The Washington Post argued that Tesla vehicles are comparable to iPhones. [69] [70] Business Insider argued that Tesla should be classified as an automaker. [71] Barron's argued that Tesla is a tech company, but not a good one due to differences in the IT and automotive markets. [72]
In April 2022, Tesla lawyers stated in a legal filing that the Equal Employment Opportunity Commission (EEOC) had opened an investigation into Tesla before the DFEH 2019 investigation, [356] and in July 2022, Tesla stated in its 10-Q filing that the EEOC had issued a cause finding against the company and that Tesla would engage in a mandatory ...
Tesla wasn't the only EV stock to fall on the news. Tesla also issued its sixth recall this year for the Cybertruck, this time over a faulty drive inverter component. Why Tesla Stock Was Sliding Today
Tesla Automation signed a remuneration-related works agreement with its works council, while refusing to sign a comparable collective agreement with IG Metall. In Sweden, TM Sweden mechanics affiliated with IF Metall are on a historic strike since October 27, 2023, which expanded when other Swedish, Danish and Norwegian unions joined by ...