Why is tesla stock so high reddit. Okay think about that. So imagine you have a lemonade stand. Well model 3 is still not in mass production and they are more deep in debt.
Tesla continues to skyrocket surging to a new record intraday. Ding tingxinhua news agencygetty images updated. Heres why tesla stock surged to all time highs on tuesday elon musk is encouraging his employees to work hard on the last day of the quarter so the company can break even.
The stock is up 106 so far in 2020 alone. So maybe 255 is still a high price for tesla. Teslas revenue growth is running out of gas but the valuation of tsla stock is still sky high by wayne duggan investorplace contributor apr 18 2019 809 am edt april 18 2019.
Tesla last quarter revenue was 72b honda revenue was 35b. It pulled back 45 on tuesday to 156836 a share then closed up about 15 wednesday. 294 votes 220 comments.
Tesla has got a still growing supercharger network tesla only fast charging stations mostly at highways for years now and also destination chargers at restaurants hotels etc. On saturday ark published an update to its tesla tsla 1256 valuation model saying it now expects the stock to be worth 7000 by 2024 and thats the base case. Hondas profit was close to teslas revenue.
Tesla profit was 140m honda profit was 53b. On monday tesla stock climbed nearly 10 adding 265 billion to its market value in a single day. Im tempted to sell my tesla stock but i dont really understand why its attracting such a high price at the moment.
It was 25x teslas and tesla says it wont make a profit this quarter. To understand out of the money options pricing you need to think in terms of the probability that the strike price will be met extrinsic value. I all in tesla stock at 160 when they first released the model 3 like two years ago then sold at 250 three months later.
Given that wild 10 swings in tsla stock price are little more than a tweet away you begin to understand very quickly why theyre so expensive. This is one of the most important advantages of tesla over the competition.
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