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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 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’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.
Through Oct. 23, the stock was down 14% year to date, underperforming the S&P 500, which had gained 21%, by a wide margin, as the chart below shows. TSLA Chart TSLA data by YCharts
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Adobe's sharp decline after earnings weighed on the Nasdaq, while Nvidia and Tesla shares also ended lower. Stock market today: Indexes end lower as tech slips and bond yields rise after PPI Skip ...
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