Key Data
| Label | Value |
|---|---|
| Industry | Auto Manufacturing |
| 1 Year Target | $800.00 |
| Today’s High/Low | $1,062.49/$1,002.36 |
| Share Volume | 19,702,140 |
What type of stock is Tesla?
Tesla is also in the tech-heavy Nasdaq 100 index. The carmaker is classified in the consumer discretionary sector and grouped alongside other consumer-focused companies like restaurants or retailers. To understand whether Tesla’s stock is a good investment, you’ll need to dive into the company’s financials.
What stock is Tesla a part of?
TSLA
Tesla Inc TSLA:NASDAQ.
With fractional shares, you can buy just a small slice of a share of stock for a fraction of the price.If you wanted to invest in Tesla, for example, you could buy a full share for its current price of around $1,200. Or you could buy half of a share for roughly $600.
How many Tesla stocks exist?
Share Statistics
| Avg Vol (3 month) 3 | 25.74M |
|---|---|
| Shares Outstanding 5 | 1B |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 815.73M |
| % Held by Insiders 1 | 19.30% |
Why is Elon Musk selling his Tesla stock?
Nov 15 (Reuters) – Tesla (TSLA.O) CEO Elon Musk has sold $930 million in shares to meet tax withholding obligations related to the exercise of stock options, U.S. securities filings showed on Monday.He is required to pay income taxes on the difference between the exercise price and fair market value of the shares.
Are Teslas a good investment?
But, they definitely do not come without a cost. Whether or not a Tesla is worth it to you comes down to your personal finances, and how important it is for you to own an electric vehicle. If you can afford a Tesla, and live in a place with charging stations, then this investment might be worth it.
Is Tesla a bad investment?
Notable risks include Tesla cars being too expensive with tax breaks and that the construction of its Gigafactory (battery factory) taking longer than expected. More broadly speaking, Tesla faces a competitive environment from both legacy automakers and other EV manufacturers.
Do Tesla pay dividends?
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.
What is a fair price for Tesla stock?
Stock Price Forecast
The 34 analysts offering 12-month price forecasts for Tesla Inc have a median target of 924.50, with a high estimate of 1,580.00 and a low estimate of 67.00. The median estimate represents a -8.65% decrease from the last price of 1,011.99.
Does Elon Musk sell Tesla stock?
Mr. Musk on Thursday sold more than 934,000 Tesla shares valued at just over $1 billion, according to regulatory filings. The sales came as Mr. Musk exercised more than 2.1 million vested Tesla stock options. The chief executive began selling shares on Nov. 8.
Who holds the most Tesla stock?
Musk was Tesla’s largest shareholder as of June, owning about 17% of the company, according to data provider FactSet. He’s the wealthiest person in the world, according to Forbes, with a net worth of around $282 billion, most of it in Tesla stock.
Musk owns 170.49 million shares of Tesla, plus a bunch of very valuable options. Leaving the options aside, 10% of his stock is 17.049 million shares, worth $20.8 billion based on Friday’s closing price of $1,222.09 a share.
Who sold Tesla stock?
Elon Musk’s
Elon Musk’s offloading of Tesla Inc. shares surpassed the $10 billion mark as he sold stock in the electric-car maker for the fourth consecutive week. In the latest transactions, the world’s richest person got rid of more than 934,000 shares worth about $1.01 billion, according to regulatory filings dated Thursday.
How much is Elon selling?
Elon Musk resumed his Tesla Inc. stock selloff Thursday, cashing in nearly $1 billion. In fillings with the Securities and Exchange Commission, the Tesla chief executive disclosed he sold another 934,091 Tesla shares, for about $963.2 million.
There is no minimum investment required as you can even buy 1 share of a company. So if you buy a stock with a market price of Rs. 100/- and you just buy 1 share then you just need to invest Rs. 100.
Will Tesla do another stock split?
Black does own Tesla stock, but he also called for a stock split back in July 2020, about a month before Tesla said it would split its stock five for one.For now at least, investors don’t appear to think another split is coming or that the setup for the rest of 2021 can match 2020.
What are the disadvantages of owning a Tesla?
CON: Charging times.
Tesla’s big batteries have a down side, according to BI: they can take a long time to charge. In comparison to a quick gas station stop, this could be an issue in certain circumstances.
Is Tesla profitable yet?
This was the eighth profitable quarter in a row for Tesla, but the first where it can truly say it’s a profitable automaker. Tesla shared Monday that it logged a $1.1 billion profit in the second quarter of 2021, with $354 million of that coming from credit sales.
How does Elon Musk make money?
Who Is Elon Musk? Elon Musk is a South African-born American entrepreneur and businessman who founded X.com in 1999 (which later became PayPal), SpaceX in 2002 and Tesla Motors in 2003. Musk became a multimillionaire in his late 20s when he sold his start-up company, Zip2, to a division of Compaq Computers.
How can I contact Elon Musk?
If you have a question about sales for Elon Musk, you can try contacting him through the Tesla sales email: [email protected]. If you have a press question or comment for Elon Musk, such as for a news article or story, you can try reaching him through the Tesla press email for North America: [email protected].
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