Listen to his predictions, Parents of young trader who died by suicide: Robinhood is to blame, Polcari: A healthy market pullback of 5-7% should happen, Men buy flowers differently than women do on Valentine's Day. Start date: 12/31/2020: End date: 02/09/2021: Start price/share: $705.67: End price/share: $849.46: Dividends collected/share: $0.00: TSLA YTD return: 20.38% Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Pre-split, that would have been a share price of $2.491.60. But there's reason to think Tesla is grabbing easy cash from early adopters, while overlooking the true disruption in autonomous driving.Â, The most advanced autonomous driving technology is being built by companies like GM-owned Cruise and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Waymo, which have already put millions of miles on the road in fully autonomous mode. The forecast for beginning of August 924. Giga Shanghai is already up and running, and Giga Berlin is expected to start production in mid-2021, bringing Tesla's production capacity over 1 million vehicles per year.Â, At the same time Tesla is expanding, competitors are building their own EV capacity. Averaged Tesla stock price for month 936. The stock's superior performance over the past year was briefly interrupted by the pandemic-induced market crash between late February and late March 2020 … Tesla investor Gary Black, a former Bernstein analyst, has decided to offload his Tesla shares after accurately predicting the over 700% surge in the automaker’s stock price in 2020. Tesla, Inc. TSLA 804.82 44.64 (5.26%). Averaged Tesla stock price for month 890. Tesla (NASDAQ:TSLA) had a remarkable 2020, as its stock price soared by almost 8x, from levels of around $90 at the beginning of the year to over $700 currently. Shares of Tesla (NASDAQ:TSLA) will soon start trading on a split-adjusted basis, making the stock more accessible to investors who weren't willing to shell out around $2,000 for a single … Tesla may also get a further boost if it is finally added to the blue-chip. @themotleyfool #stocks $TSLA $GOOGL $GM $VWAGY $NSANY $BAMXF $GOOG $HYMLF $NIO, from about 60,000 vehicles per year today. The company is valued at 24 times sales and the price-to-earnings ratio is 1,332, despite generating hundreds of millions in regulatory credit sales that aren't core operations. No matter how you look at it, autonomous driving is coming, but that may not be good news for Tesla if its software-as-a-service business model is overrun by autonomous ride-sharing that offers a much lower up-front-cost "transportation as a service" business model.Â, I can't get behind Tesla at this price. It will just grow the number of shares making up their portfolios. Year to date, shares are up more than 700%. The latest closing stock price for Tesla as of February 10, 2021 is 804.82. It's charging an extra $10,000 per vehicle for its "self-driving" Autopilot software, which actually has limited self-driving capabilities. The all-time high Tesla stock closing price was 883.09 on January 26, 2021. Price at the end 878, change for August -4.98%. It could've gone very differently, Christine Romans: This is being fueled by the elixir of a quick profit, Robinhood CEO speaks to Cuomo after GameStop stock chaos, Jordan Belfort: Robinhood shutting down GameStop activity because massive liability, WallStreetBets founder on GameStop: There is no precedent for this, Jordan Belfort: GameStop frenzy is a 'modified pump and dump', GameStop's ascent: Reddit traders vs hedge funds, Why Wall Street is hopeful about Biden despite economic challenges. Investors have bought in to Elon Musk's product lineup, growth narrative, self-driving technology, and manufacturing expansion plans. Its market cap rose to $669 billion, which makes it the sixth most valuable public company behind Apple, Microsoft, Amazon, … 9, 2020, 01:36 PM Mason Trinca for The Washington Post via Getty Images The billionaire investor Ron Baron said in an interview with CNBC on Tuesday that he thinks Tesla shares … With shares up … No one would have guessed the rally that Tesla (NASDAQ:TSLA) stock would see in 2020. View daily, weekly or monthly … Tesla's shares closed out the month at $498.32 per split-adjusted share. The company clearly has a cost structure that competitors haven't caught up to, and with upsells like self-driving now on the market, there could be opportunities to push margins even higher.Â, Tesla's production is expected to reach around 500,000 units in 2020 and could rise rapidly over the next few years. So far, that model is proving correct.Â, Tesla's revenue has jumped over the past five years, and it's generating gross margin over 20% on a regular basis, which is near the top of the auto industry.Â, What's even more impressive is that Tesla has maintained strong margins as it has reduced its average selling price of vehicles. Tesla, Inc. (NASDAQ: TSLA) shares ended 743% for 2020. The split will not change the value of investors' total holdings of the company. Investors who think Tesla will be able to generate software-like margin from products like this may think the price could go higher. This competition will be more compelling than anything Tesla has faced in the past, and may mean not only less demand for Tesla's cars, but also fewer regulatory credits needed by competitors.Â, Given all of the pressure coming Tesla's way, I don't think next year will be a good one for the stock. Cumulative Growth of a $10,000 Investment in Stock Advisor, Tesla Stock Surged 695% in 2020. As they do, Tesla will face competition like it hasn't seen before, which could affect both volume and pricing.Â. Jun. It's definitely not an auto stock I would be buying after 2020's incredible run.Â. Tesla 's (NASDAQ:TSLA) stock is up an incredible 695% in 2020, making it one of the most valuable companies in the world with a $630 billion valuation. Tesla's (NASDAQ: TSLA) stock is up an incredible 695% in 2020, making it one of the most valuable companies in the world with a $630 billion valuation. Right now, investors expect sales volume to grow rapidly and prices (i.e., margin) to remain high -- so any change in that thesis could crater the stock. Price at the end 924, change for July -5.04%. And even including all charges, analysts think Tesla will make $1.29 a share … Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Is It a Buy for 2021? Tesla (NASDAQ: TSLA) had a remarkable 2020, as its stock price soared by almost 8x, from levels of around $90 at the beginning of the year to over $700 currently. After such an incredible rise, should shareholders … Tesla's (NASDAQ:TSLA) stock is up an incredible 695% in 2020, making it one of the most valuable companies in the world with a $630 billion valuation. The company is expected in 2020 to make $2.39 a share on an adjusted basis, up more than 5,000% from 2019. According to Elon Musk, Tesla (TSLA) will end 2020 delivering 500,000 electric cars to its customers. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. All rights reserved. Space, Electric Vehicles, or Air Travel Stocks: Which Is the Best Buy Now? Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. General Motors (NYSE:GM) hasn't set near-term production targets, but it plans to invest $27 billion in EVs and autonomous driving between now and 2025. Maximum value 931, while minimum 825. Tesla stock price predictions for August 2021. Still, there are questions facing the stock going into 2021.Â, By any traditional measure, Tesla's valuation seems crazy. The auto business has a lot of operating leverage, so any reduction in utilization or reduction in price will have a big impact on the bottom line. The Tesla 52-week low stock … Today, Tesla looks like a leader in autonomous driving. All rights reserved. Elon Musk, Tesla's CEO, likes to point out (correctly, so far) that analysts have been consistently wrong and that Wall Street keeps raising its earnings forecasts and price targets on the stock. Stock Advisor launched in February of 2002. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. The stock is up 106% so far in 2020 alone. On July 31, its shares closed at "just" $1,430.75. Tesla Stock Split: Is Another One Coming? Post-Market 4.19 (0.52%) Ding Ting/Xinhua News Agency/Getty Images (Updated: 5:30 p.m. EST, Feb. 4, 2020) Topline: Tesla continues to skyrocket, surging to a new … 2020 has been an amazing year for Tesla (NASDAQ:TSLA) shareholders. Elon Musk's brother sold Tesla shares worth $25.6 million after an upward streak in the electric-car maker's stock. The company's growth is impressive, and it has proved that electric vehicles can be a viable product long-term. Market data powered by FactSet and Web Financial Group. Even though Tesla's stock closed 12.5% higher at $498.32 a share. Tesla continues to be a big target of short sellers -- investors who borrow the stock and sell it with the hopes of eventually buying it back at a lower price. Travis Hoium has been writing for fool.com since July 2010 and covers the solar industry, renewable energy, and gaming stocks among other things. Congress May Give Tesla Buyers 400,000 More $7,000 Tax Credits, Elon Musk's SpaceX Now Taking Pre-Orders for Starlink Satellite Internet Service, Copyright, Trademark and Patent Information. So is the stock going to keep rising, or is the valuation more than investors should bite off right now?Â, Elon Musk has always argued that Tesla can generate better margins than traditional automakers by cutting dealers out of the equation and having lower production costs through simple electric vehicle designs. Here's how, El-Erian: Robinhood is a reminder that 'you have no friends on Wall Street', His risky bet made him a millionaire on paper. In 2010, Elon Musk had big plans for Tesla. Nio (NYSE:NIO) is expecting to increase its own production capacity from about 60,000 vehicles per year today to 150,000 by the end of 2021. Shares of Tesla skyrocketed in 2020. All times are ET. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. New York (CNN Business)Tesla shares are much, much cheaper Monday after the stock's 5-1 split. Discover historical prices for TSLA stock on Yahoo Finance. That's on top of what Nissan, BYD, Hyundai, Rivian, Fisker, BMW and many others have been investing in electric vehicles that have yet to hit the market. At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. But without regulatory credits, the company still isn't profitable.Â, Meanwhile, over a dozen competitors are building compelling EV offerings that will be coming to market over the next few years. The electric-auto maker's stock price started the year at $418 per share, and on Dec. 7, it fetched more than $625 … Competition could be a problem for Tesla, because it has struggled to make money despite selling every vehicle it could possibly produce. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. Disclaimer. The Tesla 52-week high stock price is 900.40, which is 11.9% above the current share price. Factset: FactSet Research Systems Inc.2018. Volkswagen has the capacity to build 300,000 electric vehicles at its new China factory and says it will be able to build 1.5 million EVs annually by 2023. Tesla stock … And they're creating business models that will enable low-cost autonomous ride-sharing in cities around the world.Â, As Tesla builds capacity, Cruise and Waymo are building business models that upend the idea of vehicle ownership altogether. Returns as of 02/13/2021. TSLA | Complete Tesla Inc. stock news by MarketWatch. Investors have bought in to Elon … View real-time stock prices and stock quotes for a full financial overview. Tesla Inc. short sellers lost billions more on the electric-vehicle maker than any other company in 2020, as bears got severely burned by the stock’s surge to new highs. Most stock quote data provided by BATS. Tesla shares are much, much cheaper Monday after the stock's 5-1 split.
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