Tesla, Inc. (TSLA)
166.63 USD -8.59 (-4.90%) Volume: 116.09M
Tesla, Inc.’s stock price stands at 166.63 USD, experiencing a decrease of 4.90% this trading session, with a substantial trading volume of 116.09M. Despite its impressive trading volume, its year-to-date performance records a drop of 32.94%, highlighting a challenging period for the electric vehicle giant.
Latest developments on Tesla, Inc.
In a series of unexpected events, Tesla’s stock price has experienced significant fluctuations recently. A plunge in sales, far greater than anticipated, has largely contributed to its instability. The company’s loss of the ‘Mag 7’ status and a tumble in shares following disappointing Q1 deliveries have further intensified the situation. With the Tesla Cyberbeast going to Sotheby’s auction and analysts suggesting that CEO Elon Musk’s reputation may be turning buyers off, the company’s future remains uncertain. Despite the launch of the new Model 3 ‘Ludicrous’, Tesla’s sales continue to fall as competition in the electric vehicle market heats up. The company’s stock has further suffered due to the decline in quarterly deliveries for the first time in nearly four years.
Tesla, Inc. on Smartkarma
Analysts on Smartkarma are closely following the latest developments at Tesla Inc., with several analysts publishing research on the company’s performance. Vicki Bryan, a bearish analyst, has published a report titled “Tesla Q1 Trends: Rockslide”. In her report, Bryan expresses concern over the company’s delivery trends, which have fallen below her already low projections. She also highlights the negative impact of the Cybertruck on Tesla’s performance.
On the other hand, bullish analyst Caixin Global has published a report titled “Tesla Increases Price of Model Y in China in Sign That Price War Is Easing”. The report notes that Tesla has increased the price of its popular Model Y crossover in China by 5,000 yuan, which could offer rivals some temporary relief in the midst of a price war. The report also mentions that Tesla has announced price increases for the Model Y in the United States and Europe.
A look at Tesla, Inc. Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Tesla Inc. is a well-known automotive and clean energy company that operates globally. They are known for designing and producing electric vehicles, battery energy storage, solar panels, and solar roof tiles. They also offer related products and services. One of the unique aspects of Tesla is that they own their own sales and service network and also supply electric power train components to other car manufacturers. This shows that they have a strong presence in the market and are a trusted brand in the industry.
Based on the Smartkarma Smart Scores, Tesla has a promising long-term outlook. With a growth score of 5, it is clear that the company is expected to continue expanding and developing innovative products in the future. Their resilience score of 4 also indicates that they have the ability to adapt to challenges and remain strong in the face of competition. However, their value score of 2 suggests that the company may be slightly overvalued compared to its competitors. With a dividend score of 1, it is evident that Tesla does not pay out dividends to its investors. Overall, Tesla has a positive outlook and is expected to continue making strides in the electric vehicle and clean energy market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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