Tesla Stock Rises
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The electric-vehicle maker is experiencing a sustained sales slump in Europe, and it’s also having trouble winning over regulators for a key technology.
Tesla stock popped on Monday as Melius Research tabbed the EV maker a "must own" due to its autonomy efforts and as CEO Elon Musk talked up its chipmaking progress.
Let’s delve into the details concerning each of the evaluated factors, but prior to that, for brief context: With $1.3 Tril in market capitalization, Tesla offers electric vehicles and regulatory credits in the automotive sector, and designs, manufactures, installs, sells, and leases energy generation and storage solutions.
At a price that values Tesla well over 250 times current earnings and about 170 times forward earnings, even modest setbacks in autonomy timelines or vehicle demand could create sharp swings in the stock.
Elon Musk just sent a reminder to Bill Gates—and it wasn't a friendly one. After Microsoft co-founder Gates offloaded billions in stock, Tesla CEO Musk jumped into the conversation with the subtlety of a steel-toed boot.
Tesla‘s stock has generated positive returns over past year, although it has underperformed some competitors (Rivian), which experienced significantly greater returns..
EV investors shouldn't bet only on Tesla. Tesla ( TSLA +0.42%) remains one of the most exciting electric-vehicle (EV) stocks on the market today. The company is rapidly investing in its robotaxi division, which could ultimately become a $5 trillion to $10 trillion opportunity.
Due to Tesla's innovation and diversification, 24/7 Wall St. sees strong upside potential for the stock by the end of the decade.
With a $1.2 trillion market cap, Tesla (NASDAQ: TSLA) is the largest electric vehicle (EV) stock in the world. And 2026 could be a pivotal year for the company. CEO Elon Musk recently made a bold prediction for one of Tesla's most exciting divisions.
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Billionaire Peter Thiel Just Sold Nvidia and Tesla for These Other Two "Magnificent Seven" Stocks
During Q3, Thiel's fund made two surprising moves: It sold a ton of Tesla (NASDAQ: TSLA) stock and completely exited its Nvidia (NASDAQ: NVDA) position. In its place, he purchased Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT).