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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 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.
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 ...
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 stock gained nearly 9% on Monday, sending shares to their highest level since early 2022 and giving the company a market cap north of $1.1 trillion amid optimism that the electric vehicle ...
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Investors are sniffing out the money-making opportunity. Tesla's stock is up 43% this year, partially boosted by the promise of robotaxis after the company missed EV delivery estimates earlier in ...