Tesla Stocks - Everything You Need to Know

When it comes to stunts and speed, a few names come to mind, top list has to be Lance Edward Armstrong, an American professional cyclist who always had a way he takes a win on those championships; another name is the never relenting road god by the name Michael Schumacher who always produce nick of time results by covering grounds never imagined and yes, we can bring in the formula 1 sensation, Lewis Hamilton who has carved a niche for himself. 

If we find anything amazing and unique in these trios, it must be how they are not perplexed at any point until they magically delivered to the finish line, one of the common things I have observed with The Tesla Company. 

Tesla Inc., a renowned brand for innovation and alternative energy, formerly known as Tesla Motors, has established a significant presence in new-age technology over the last decade. Having carved a niche in manufacturing electric vehicles which are eco-friendly, as against the conventional combustion engine which releases Chlorofluorocarbons [CFC] that are harmful to the environment whereby depleting the ozone layer and causing a Greenhouse effect.  

Over the years, Tesla Inc., under the leadership of its Chief Executive Officer, Elon Musk, has been able to grow from creating salon electric cars, to SUV [Sport Utility Vehicles] and eco-friendly Trucks, therefore having to measure with car producing brands as GM [General Motors], BMW, Hyundai, and the China-based electric car company NIO. Tesla Inc.  

Tesla stocks have been termed as a highly valued growth stock, literally being pricey amongst similar valued growth stocks like Amazon. 

Tesla had joined the S&P 500 and S&P 100 last year December and currently listed on the Nasdaq with the ticker symbol TSLA. Having enjoyed a net income of about USD 864 million in the last year, signifying over 38% growth in revenue in the year 2020 to settle at $8.8billion.  

Looking back at when they went public in 2010 with an IPO [Initial Public Offer] of $17.00 per share, Tesla Inc currently sells for $659.86, which is a test of how their growth process had been. Although Tesla Inc had suffered a blow this year with an almost 10% decline, it has enjoyed a 15% growth in S&P 500. 

In the past two quarters, Tesla has had a myriad of news, while some were healthy for the brand, others had negatively impacted the sales. For those who had been a big follower, you would be aware of the China relationship after the establishment of a car plant in Shanghai which gave a ripple to the company’s past financial year, however in recent months, there had been a delay in supply of chips for the cars due to the global chip shortage which had hampered with the expansion in Shanghai factory and considerations for Beijing.  

Tesla is pitching foot in Berlin, which should expand their territories having had the vision to roll out 800,000 vehicles of the year. This may not come too easy considering car giants as BMW, Mercedes Benz (Daimler), and other brands in the region. Tesla had recalled over 285,000 vehicles in China after observing it failed cruise control in some regions, although this has been corrected and business back to normal; Worries from action taken by a Japanese electronics company, Panasonic who supplies batteries for the car brand after selling off their stake to a tune of $3.6 billion still lingers in the minds of traders. 

The CEO, Elon Musk has mentioned that they would be having an AI [Artificial Intelligence] rally later in July to equip the audience on their actions so far and the projections, therefore, should have an effect on the rating of Tesla. 

One of the many questions on every trader’s mouth is if to take a dip or not. It is good to know that Tesla is doing more in delivering Solar Panels for domestic use and the acceptance of Bitcoin for car purchase, its interest to purchase a chip company to control and survive the chip shortage challenge, its expansion to Berlin amongst other factors, Tesla who had suffered a negative percentage over the months may come through in future months, however, you should study the market indices and seek professional counsels where necessary. 

It is clear that the vision of Tesla is feasible and therefore sustainable which makes it a good buy for long-term investors. 

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