why is tesla stock so high compared to other companies

Ad No Hidden Fees or Minimum Trade Requirements. Teslas lofty stock performance-- up 743 in 2020 -- makes it one of the most valuable US companies in the world.

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The electric-car maker increased its sales by 45 percent last year.

. The searing rally has been driven. Yet the 500000 cars it sold in 2020 were a sliver of more. Diversify your portfolio with guidance from investment professionals.

Ad Are Electric Cars the Next Opportunity to Make a Fortune. Insurance companies may consider. One major reason why Tesla is valued so much higher than its peers is growth.

A weakoned share price. Tesla Stock is expensive because of its high growth potential. Answer 1 of 5.

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Experts are divided on whether Teslas sky-high share price is fair. Teslas valuation has soared well past other automakers even those which produce millions more cars each year causing Morgan Stanley to take a look at whether Elon Musks company is. In May of 2019 the automaker was selling debt and additional shares of stock to raise 27 billion to refill the coffers.

Tesla stock has a sky-high valuation much to the delight of bulls and the disgust of bearsThe companynow with a market capitalization near 900 billionis worth roughly three times. See how Power ETRADE makes it quick simple. Get Our Free Report to Find Out.

The first reason is simply that Teslas are expensive and high-end luxury cars always cost more to insure than budget-friendly vehicles. Tesla is more costly with lower growth than Amazon is more inexpensive but has a higher growth rate than Apple or Netflix and is affordable than Spotify but has substantially lower growth. A higher PE ratio makes sense for Tesla because it has vastly more depreciable assets than NVIDIA but even going by the EV-to-EBITDA ratio which strips out depreciation.

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First Tesla stock must be worth more than 100 billionits 93 billion now. Ad 0 Online Listed Equity Trades And Powerful Tools. How else can you hold up the Averages and not bring attention to the fact that stocks have been free falling for months without a pause.

Tesla Company is growing and expanding at a faster rate. Trade stocks bonds options ETFs and mutual funds all in one easy-to-manage account. Zacks Free Report Highlights Our Top Stock Picks.

Although Tesla has typically been more sensitive to market declines being a high multiple high growth stock it has held up better through the current volatility. Invest in Companies Poised to Benefit From Next-Gen Auto Tech Growth with IDRV. Also project earning in the future and the belief.

The reason Tesla is trading so high is because of projected earning in the future and the belief that the company will continue to grow and innovate. Ad The Future of Electric and Autonomous Cars Presents a Potential Opportunity for Investors. Open an Account Now.

Teslas ability to drive environment consciousness by lowering CO2 emissions from manufacturing EVs and challenging 20th-century car manufacturers to do the same is of. Second Tesla must hit specified targets for revenues and earningsfor example 20 billion in. Discover the 3 must-buy EV stocks today for Free.

Three years ago when Tesla was worth 50 billion the companys board promised Musk a huge grant of stock if he could among other things bolster the companys market. Just last year Tesla was short on cash. Ad While the market dips EV stocks remain relevant.

Teslas stock has surged more than 20000 since it went public in 2010. Open an Account Now.

Tesla Stock Value Forecast Worth Trillions By 2030