The price of Tesla shares traded on the Nasdaq stock exchange remained rather stable between July 2010 and January 2020. With the beginning of 2020, the price of Tesla share increased dramatically and reached its peak in November 2021, at 381.59 U.S. dollars per share. Since then, the price of Tesla share fluctuated significantly and stood at 258.08 U.S. dollars as of the end of August 2023
Why did Tesla's stock value go up in 2020?
Despite the effects of the pandemic, Tesla share prices experienced a massive increase in 2020. Tesla kept increasing its output levels throughout the year, except for the second quarter, and released its new vehicle Tesla Model Y. Additionally, when the company was added to the S&P 500 index in August 2020, it instilled further trust in investors. In 2020, Tesla was the top-performing stock on the S&P 500 index, and two years later, in 2022, it ranked fifth among the largest companies on the index by market capitalization.
Steady growth in the last decade
Founded in 2023, Tesla primarily focuses on designing and producing electric vehicles, as well as energy generation and storage systems. Since then, Tesla's revenue has steadily increased, reaching nearly 81.5 million U.S. dollars in 2022 (272120). Most of the revenue came from automotive sales (314741) in that year. Tesla's first electric car, the Roadster, was sold between 2008 and 2012. Currently, the company offers four primary electric vehicles: Model 3, Model Y, Model S, and Model X.
FAQs
TSLA Stock Forecast FAQ
What is TSLA's average 12-month price target, according to analysts? Based on analyst ratings, Tesla's 12-month average price target is $182.58.
Is Tesla a sell or a buy? ›
Tesla remains a contentious stock among the analysts on Wall Street. Of the 53 who cover the stock, 18 rate the shares a buy, 25 a hold. The remainder have a negative rating. Their average price target is $189.11, or about 30% above Monday's closing price of $142.05, according to data compiled by FactSet.
What is the stock price prediction for Tesla in 2025? ›
Long-Term Tesla Stock Price Predictions
| Year | Prediction | Change |
|---|
| 2025 | $ 187.94 | 27.81% |
| 2026 | $ 240.20 | 63.35% |
| 2027 | $ 307.00 | 108.77% |
| 2028 | $ 392.37 | 166.83% |
2 more rowsThe all-time high Tesla stock closing price was 409.97 on November 04, 2021. The Tesla 52-week high stock price is 299.29, which is 99.6% above the current share price. The Tesla 52-week low stock price is 148.70, which is 0.8% below the current share price.
What is a fair price for Tesla stock? ›
As of 2024-04-24, the Fair Value of Tesla Inc (TSLA) is 117.74 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 144.68 USD, the upside of Tesla Inc is -18.6%.
Will Tesla increase price in 2024? ›
Tesla, Inc.
TSLA will raise the prices of all Model Y vehicles in the United States. Per the company's website, prices of all Model Y cars will increase $1,000 on Apr 1, 2024, in the country. All the trims qualify for a $7,500 federal tax credit in the United States.
Who is buying Tesla stock? ›
Tesla stock has been tumbling. ARK Invest's Cathie Wood has been buying more shares. It's been a tough year so far for Tesla.
Is it good time to buy stocks? ›
Based on the stock market's historic performance, there's never necessarily a bad time to buy -- as long as you keep a long-term outlook. The market can be volatile in the short term (even in strong economic times), but it has a perfect track record of seeing positive returns over many years.
Does Tesla pay dividends? ›
Does Tesla pay a dividend? Does it plan to? Tesla has never declared dividends on our common stock. We intend on retaining all future earnings to finance future growth and therefore, do not anticipate paying any cash dividends in the foreseeable future.
Will Tesla bounce back? ›
Tesla will likely fade over next two weeks, will rebound closer to 2025: Deepwater's Gene Munster. Gene Munster, Deepwater Asset Management, joins 'Fast Money' to talk Tesla quarterly results.
When it comes to the Tesla stock price prediction for 2050, Tesla stock would be trading at $4,700 in 2050 if it were to grow at the same 11.8% average rate as the S&P 500. If TSLA were to grow at the same rate as the Nasdaq 100's 17.5% average annual return, it would be worth $18,900 by 2050.
Which stock will boom in 2024? ›
Best Stocks to Invest in India 2024
| S.No. | Company | Industry/Sector |
|---|
| 1. | Tata Consultancy Services Ltd | IT - Software |
| 2. | Infosys Ltd | IT - Software |
| 3. | Hindustan Unilever Ltd | FMCG |
| 4. | Reliance Industries Ltd | Refineries |
1 more rowApr 9, 2024
Elon Musk owns the most shares of Tesla (TSLA). The ownership structure can impact the company's decision making, as large institutional investors may exert influence on the company's management and can also affect the company's stock price with their buying and selling patterns.
What are the highest stocks right now? ›
US stocks with the highest price
| Symbol | Price | Market cap |
|---|
| BRK.A D | 615175.00 USD | 880.838 B USD |
| NVR D | 7835.11 USD | 25.057 B USD |
| BKNG Common Stock D | 3533.99 USD | 120.76 B USD |
| SEB D | 3284.37 USD | 3.189 B USD |
32 more rowsOwnership Summary
| Label | Value |
|---|
| Institutional Ownership | 43.72% |
| Total Shares Outstanding (millions) | 3,189 |
| Total Value of Holdings (millions) | $205,034 |
Snapshot
| Average Recommendation | Hold |
|---|
| Average Target Price | 189.11 |
| Number Of Ratings | 53 |
| FY Report Date | 12/2024 |
| Last Quarter's Earnings | 0.71 |
6 more rowsStock Price Target
| High | $310.00 |
|---|
| Low | $68.00 |
| Average | $189.11 |
| Current Price | $147.05 |
The S&P 500 index had an average annual return of 11.13% between 1973 and 2023. If Tesla stock were to grow at this average rate until 2040, TSLA stock would be worth $1,056 in 2040. This would be about 2.5x the stock's current all-time high price of $407.
What will Nvidia stock be worth in 2030? ›
Nvidia trades at a high P/E based on its trailing earnings, but looking ahead to this year's estimate, it trades at a more reasonable forward P/E of 32. Assuming Nvidia is still trading at the same forward P/E, its stock price could reach $3,360 by the end of 2030, or 328% above the current share price.
