We should have a lot more details on Teslas progress with autonomous driving when the company hosts its first AI Day event on Thursday evening. There is data that indicates that Teslas driver assistance systems actually make its cars safer. We also reference original research from other reputable publishers where appropriate. Oct. 25, 2021 6:14 PM PT Tesla Inc. joined an elite group of companies with market values of at least $1 trillion on Monday, a key milestone for the carmaker, whose shares have been on a tear. Investors are likely betting that the disruption caused by Covid-19 could solidify Teslas position as the leading electric and autonomous driving play two separate, and perhaps the most powerful trends in the auto industry. Overall, while growth is expected to remain strong, we still think Tesla stock is expensive. Tesla is still dominating the US electric car market, now with a 68% market share. What Next? Even though the company makes a fraction of the cars of its competitors such as Ford Motor Company (F) and General Motors Company (GM), it sported roughly five times their combined market cap in December 2021. Tesla's market value surged past $100 billion (90.2 billion) for the first time on Wednesday, as shares in the Palo Alto-based US automaker rose 8.6% to a new intraday high of . Over Q2 2021, Tesla said that it was able to source alternative chips and write out updated software for them in a matter of weeks to integrate them into its vehicles. Typically, options are a risky bet on an underlying equity's future price movement. By the end of the year, that figure had skyrocketed to $658.39 billion.. Tesla joins Apple, Amazon, and Microsoft in the trillion-dollar market cap club. Advertisement. (see update below) So how are Teslas quarterly results expected to trend? For perspective, even Toyota, which has the most well-oiled supply chain in the automotive business, had to slash worldwide vehicle production by 40% in September on account of the global semiconductor shortage. Is Tesla Market Cap Too High. Dec 2013 Dec 2015 Dec 2017 Dec 2019 Dec 2021 400 B 800 B 1,200 B Performance Summary Tesla's market cap is $567.8 billion. The barriers to entry arent too high, the products are not too complex compared to internal combustion engines and mainstream automotive companies are investing in building massive scale. The Russell Top 200 Index tracks the stock market performance of the 200 largest companies included in the Russell 3000 index. This share is going down as more EVs hit the market. Upgrade now. As a Premium user you get access to background information and details about the release of this statistic. The electric vehicle bellwether has already provided delivery figures for the quarter, noting that it sold a record 241,300 vehicles, marking a sequential increase of 20% and a year-over-year increase of almost 73%, despite the ongoing semiconductor crunch and logistics challenges. Large-cap stocks are treated as having a market cap of $10B+. But, the decline . The relationship between the stock and members of this complex is symbiotic. Tesla (TSLA) had the highest return between May 1, 2006 and December 31, 2021 by a large-cap US stock, returning 27,709.3%. Home About Shop . To that end, Tesla could benefit from more powerful batteries from a supplier Panasonic. Use Ask Statista Research Service, Tesla's vehicle sales by quarter YTD Q3 2022, Automotive manufacturers - estimated market share in the U.S. 2021, Most valuable automotive brands worldwide by brand value 2022, Tesla's vehicle production by quarter YTD Q3 2022. The rise makes Elon Musk's automotive. In a Thursday note the analyst said "eye popping demand" in China will drive Tesla's market cap. If you are an admin, please authenticate by logging in again. Panasonic plans to start test production of the 4680 battery cells in Japan by March 2022, noted the Journal.. The company reports - using industry data about market results - that its share in US/Canada. All data as of January 15, 2021 (9:30AM PST) Tesla's . As the companys vehicles are estimated to have driven over. "Tesla Is Now Worth More Than Ford and General Motors Combined. ", Wall Street Journal. Martin Baccardax. [2]This puts the company in a better position to secure supply, as semiconductor companies could prioritize higher value players. Tesla stock(NASDAQ: TSLA) is up over 150% year-to-date, with its market cap crossing $200 billion. Over 2018, Tesla likely logged about 500 million self-driving miles across all geographies. Despite a projected 900,000 vehicles to be delivered in 2021 about 80% more than Tesla shipped in 2020 Musk seems to think that it could sell more if it could manufacture and ship more. We've identified the following companies as similar to Tesla, Inc. because they operate in a related industry or sector. On the flip side, for a more balanced, risk-adjusted view see our analysisTesla Valuation: Jump Into Tesla, Wait, Or Get Out? Tesla stock rose 5.2 % over a five-day trading period ending 9/28/2021, compared to the broader market (S&P500) which remained roughly flat. Firstly, Tesla focuses on more premium vehicles, and its automotive gross margins stood at almost 26% in Q2 2021, excluding regulatory credit sales, compared to margins of under 10% for the broader auto and truck space. We think there could be three broad reasons. The Data Say Recession And Inflation Is Cratering But This Fed Continues To Raise Rates. First, Tesla crossed the trillion-dollar market cap on 21 Oct 2021. dollars)." It also provides vehicle service centers, Supercharger. To use individual functions (e.g., mark statistics as favourites, set 16:56, 26 October 2021. share_this_article. Tesla stock has largely held up despite the broader market sell-off over the last month, returning about 4%, compared to the S&P 500 which was down by close to 4%. With a market cap of about $1 trillion, Tesla trades at a relatively lofty 120x projected 2022 earnings and is essentially valued higher than the ten largest automotive companies combined. Profit growth is likely to be driven by Teslas higher delivery volumes, which shouldcontinue to improve its fixed cost absorption, and also by higher software sales relating to the full self-driving option. Tesla market cap as of December 08, 2022 is $549.58B. See our analysisTesla Chance of Risefor more details. Sawyer Merritt . Aside from 2020, Tesla was able to consistently increase sales at a pretty high rate and its long-term goal is to achieve 50% average annual growth in vehicle deliveries. [9/29/2021] Tesla Stock Holds Up Despite The Broader Market Selloff. Is this a good time to jump into Tesla stock? Sep 15, 2022 Tesla's market capitalization reached 1.1 trillion U.S. dollars at the end of March 2022, 74 percent over its market cap of March 2021, at 641 billion U.S. dollars. And Chinese consumers are buying what Tesla builds with the Model 3 and Y ranking among the top three EVs sold in China, CNBC reported. ET. Forward P/E 42.22. . Tesla is slated to report deliveries for Q3 2021 in early October, and with the company fairly consistently creating new quarterly delivery records, investors are likely anticipating another strong quarter. + AU $5.43 postage. Tesla stock closed up more than 7%, bringing its market cap to $820 billion. However, when Hertz adds 100,000 of them to its fleet worth $4.2 billion at list price which Tesla says was not discounted people will rent them at the airport among other places. (Photo by Smith Collection/Gado/Getty Images). According to Tesla 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 48.0887 . Why? Moreover, Tesla appears to be losing some momentum here, as FSD sales growth is cooling, with fewer Tesla drivers apparently opting for the system when they buy new vehicles. The pandemic changed that calculus. ", Visual Capitalist. In this analysis, we compare Teslas miles logged with rivals and size up the near-term revenue potential for its autonomous driving software. The current chip shortage in the automotive space is largely due to the fact that semiconductor fabs have transitioned production capacity from tried and tested legacy chips used by automakers (often 40-nanometer process node and above) to more modern chipsets with more advanced process technologies. The company joined the S&P 500 with a weighting of 1.6%. According to CNBC, Tesla reported $13.76 billion in revenue $150 million above Refinitiv expectations and about 57% more than the year before. The results are driven by strong demand for its mass-market Model Y and 3 vehicles, which saw deliveries rise 87% year-over-year, and also by the production ramp at the Shanghai Gigafactory, which now produces more cars than Teslas Fremont, California plant. Correct, Tesla sold a fraction of the cars sold by many of the other car companies and is more valuable than all of them. Financial Times Stock Exchange Group (FTSE) is a British company specializing in index offerings for the global financial markets. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. RT @WarTimeCEO78: $MULN - Telsa - Market Cap - $576B - Rivian Market Cap - $27B - MULN Market Cap - $323M - Rivian sold 920 vehicles in 2021 - Tesla sold 936,172 . Tesla's share price gain on Monday puffed up its market cap by $115 billion in just one day - on news that it might sell $4.2 billion of low-margin rental cars to Hertz through 2022. Market News. for more details on Teslas valuation and how it compares with peers. Per the Trefis Machine learning engine, Tesla stock has a 61% chance of a rise over the next month. Get in touch with us now. Tesla Market Cap: 565.40B for Dec. 9, 2022 Market Cap Chart Historical Market Cap Data View and export this data back to 2010. While, on the other end, the all-electric car manufacturer achieves an automotive gross margin of close to 30%. Tesla stock has had a stellar run this year rising by about 38% to $1,000, taking the companys market cap past the exclusive $1 trillion mark. Tesla's entry into the S&P 500 in December 2020 has further exposed funds tracking the index to the company's stock, and they have reaped the rewards of its price run-up. Tesla is the sixth company to reach the $1 trillion market cap. In comparison, rival autonomous driving tech companies Waymo and GMs Cruise drove just, Teslas autonomous driving hardware is based on mature technology such as. 2021 2020 2019; Cash . As the New York Times CNBC reported that The National Highway Traffic and Safety Administration is investigating Tesla for possible safety defects in its Autopilot driver assistance system after a string of crashes that involved Tesla drivers colliding with parked, first-responder vehicles while using Autopilot., Teslas vice president of vehicle engineering Lars Moravy told investors last week that Tesla always cooperates fully with NHTSA [and is happy to be part of its journey] to figure out the rules and regulations for vehicles with more features enabled by software.. Online retail behemoth Amazon.com, Inc. (AMZN) was a distant second with a contribution of 16.92 points. Tesla. What if youre looking for a more balanced portfolio instead? Teslas China progress despite headwinds is a source of future growth. Teslas productive capacity is increasing. Looking for more details on Teslas valuation and financial performance in recent years? For the year, the S&P 500 cash index is lower by nearly 17% (3,970). Tesla's share of the U.S. automotive market in 2021 peaked in September when the brand's market share rose to roughly 2.59 percent. Market Cap 572.18B. May 31, 2022. Share prices hovered just below $1,000 and then suddenly shot past it another first for Tesla.. For example, in July 2018, the Tesla was a holding in 106 exchange traded funds (ETFs). As of December 2022 Tesla has a market cap of $559.42 Billion . Tesla publishes vehicle safety reports every quarter, and based on its Q1 2021 data, it said that it registered one accident for every 4.19 million miles driven with Autopilot engaged, compared to one accident for every 2.05 million miles driven without Autopilot, but with the companys other active safety features. The Cboe Volatility Index, or VIX, is an index created by Cboe Global Markets, which shows the markets expectation of 30-day volatility. tesla market cap 2021 On December 31, Tesla (TSLA) had a market capitalization of $1.1T, based on 3.1B shares at a price of $352.26. The companys execution has been solid, despite the Covid-19 pandemic and the ongoing semiconductor shortage, with deliveries on track to rise by almost 70% year-over-year in 2021. Elon Musk's automaker exceeded its production. Investors have been betting thatTeslas (NASDAQ:TSLA)lead in self-driving technology one of the most powerful trends in the auto market will help it shape the future of transportation. for a detailed overview of revenue and earnings estimates for the company and how it ties to Teslas valuation. Teslas total autonomous miles logged has grown exponentially from 0.1 billion in May 2016 to an estimated. Access to this and all other statistics on 80,000 topics from, Show sources information At the end of 2021 the company had a P/E ratio of 190 . Fred Lambert | Aug 15 2022 2:34 pm PT. "I'm unwavering in my belief that ultimately the fundamentals are what matters," he said. Invest with Trefis Market Beating Portfolios. While the reported crashes are obviously concerning, safety-related incidents and investigations are part and parcel of the automotive business and we dont see this as meaningfully altering the course of Teslas self-driving business. As a Premium user you get access to the detailed source references and background information about this statistic. See our analysis on See our analysis onTesla Valuation: Is TSLA Stock Expensive Or Cheap? By December 2021, it became a holding in 244 ETFs. And it isn't just about joining the 4 commas ($1,000,000,000,000) club; Tesla did it faster than the other members: For example, Chinas premium EV players Nio and Li Auto posted 100% and 190% year-over-year growth respectively over Q3 2021. In the Morningstar Consumer Cyclical Index, Tesla has contributed 27.98 percentage points to the index's 95.24% gain in the past two years. Teslas market cap also stands at about 3x that of Toyota, the largest car marker. As CNBC wrote, about 49% of Teslas U.S. revenues $3.11 billion of $6.41 billion came from China. That said, the ongoing supply chain issues and the planned opening of the Texas and Berlin production facilities in the coming months could put some pressure on Teslas costs. Strange that [the Hertz order] moved valuation, as Tesla is very much a production ramp problem, not a demand problem.. We dont think that Tesla is going to corner the auto market in the long run given that car buyers like variety. Then there are the more recent problems with its Autopilot driver assistance system. While Teslas recent execution has been commendable, we remain negative on Tesla stock at its current valuation. Tesla's "Full Self Driving". This enables the company to equip the hardware as standard in all its vehicles, irrespective of whether or not a user enables it by paying money. Investopedia does not include all offers available in the marketplace. Tesla's outstanding share count as of Aug 9, 2021 is 1.002B, which means $TSLA will hit a $1 Trillion market cap at $998/share. Back then, this figure stood at under $45bn, with analysts remaining sceptical on the business' future. AU $20.12. The impressive numbers indicate that Tesla is able to overcome the considerable supply chain issues that are impacting the broader auto industry. Written by Sweta Killa for Zacks ->. Those two trends result in a quickly increasing market share for Tesla in the largest markets. However, for the time being, Teslas problem is making and delivering enough vehicles to satisfy the demand it already has, As Tesla CEO Elon Musk whose $255 billion net worth, according to Forbes, falls $27 billion short of Toyotas entire market capitalization tweeted on October 25, Wild $T1mes!. " Tesla Inc. Form 10-K for the fiscal year ended December 31, 2021 ," Page 50. Stock retreats amid bleak China data, weakness in tech stocks . After Tesla's $1.5 billion Bitcoin purchase announcement yesterday the overall market cap of the leading digital asset has now overtaken the electric car giant's. The Bitcoin market cap rose a staggering 17.85% taking it from $733.5 billion to $888.9 billion, ironically helping it . Company. The company reports - using industry data about market results - that its share in US/Canada improved in Q4 2021 to over 2.25%. Get Tesla Inc (TSLA.O) real-time stock quotes, news, price and financial information from Reuters to inform your trading and investments . One year ago, the first seven months of 2020, it was 17.7%. October 26, 2021 12:05 pm EDT. The Tesla 52-week high stock price is 402.67, which is 124.9% above the current share price. For instance, BMW and Mercedes-Benz announced that they will end their automated driving alliance, for now, citing current business and economic conditions, among other factors. On June 10, 2020, Tesla's market capitalization surpassed those of BMW, Daimler and Volkswagen combined. While Tesla's stock is prone to wild swings, its rise has also been accompanied by a corresponding change in the perception of risk in the markets. Tesla (TSLA) is among the most polarizing stocks. ", Financial Times. The flow of investors pouring money into Tesla's stock and associated financial products helped finance its investments into manufacturing infrastructure. Higher Prices Or Tough Sledding For Stocks Ahead? A similar story played out in the Russell 1000, where Tesla accounted for 4% of the overall weighting in November. Is Rivian Build Quality Getting Worse As Production Ramps Up? Annual car sales worldwide 2010-2022, with a forecast for 2023, Number of cars sold in the U.S. 1951-2021, Battery electric vehicles in use worldwide 2016-2021, Annual gas prices in the United States 1990-2021, Automotive industry worldwide - statistics & facts, Motorcycles in the United States - statistics & facts, Research Expert covering transportation and logistics, Profit from additional features with an Employee Account. Tesla joined the ranks of Alphabet, Microsoft, Apple, Amazon.com, and Facebook with a market capitalization north of $1 trillion. Last year, Tesla issued $10 billion worth of new equity at prices that were approximately nine times that of 2019, to capitalize on demand for its shares. Despite 106% Growth SentinelOne Stock Trades 80% Below Peak. The latest closing stock price for Tesla as of December 09, 2022 is 179.05. Drew Dickson, chief investment officer at Albert Bridge Capital, told the Financial Times that valuations nowadays are driven by a "huge, recursive 'tail wagging the dog' nature," meaning they are based on expectations of the future rather than present reality. [10/18/2021] Will Tesla Stock Rise Following Q3 2021 Earnings? You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. The sales growth was above Tesla Inc 's competitors average revenue growth of 42.79 %, recorded in the same quarter. According to Bloomberg, the deal is the largest . "RACING EXTINCTION" Premiere at The Marc Theater on January 24, 2015 in Park City, Utah. [Updated 7/3/2020] Tesla: King Of Self-Driving Cars? So what do the recent developments mean for Teslas self-driving ambitions? OEMs probably have just a few years to treat the switch to BEVs seriously. Teslas market capitalization topped $1 trillion after Hertz announced a contract to buy 100,000 Tesla vehicles for its rental fleet, reports the Wall Street Journal. As it said , A variety of challenges, including semiconductor shortages, congestion at ports and rolling blackouts, have been impacting our ability to keep factories running at full speed.. Included in this complex are an assortment of investment productsoptions, equity-linked funds, climate tech-focused investment vehiclesand they exert a massive influence in the equity and derivatives markets. We expect Teslas adjusted EPS to come in at about $1.52 per share roughly 2x last years figure and marginally ahead of the consensus EPS estimates of $1.50. Revenue is also likely to rise by about 13% on a sequential basis. AU $18.89. Tesla stock goes up and down but if it retains the momentum it has enjoyed in the last 12 months, its market capitalization could hit $2 trillion in the next year. The increase in Tesla's stock price and market cap has created a financial complex of investment products that include or track the electric car maker's stock. Goldman has attributed the explosion in options trading within the United States to Tesla, calling it a "critical driver of the market.". Share this . ", PwC, Tesla's market capitalization between March 31, 2020 and 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1256537/market-capitalization-of-tesla/ (last visited December 12, 2022), Tesla's market capitalization between March 31, 2020 and 2022, Available to download in PNG, PDF, XLS format, Plug-in electric light vehicle sales worldwide 2015-2021, Electric vehicle sales - globally by model 2021, Range of selected electric vehicle models 2022, Tesla's free cash flow by quarter 2019-2022, Tesla's operating margin by quarter 2019-2022, Gross margin by segment - Tesla 2019-2021, Tesla's domestic and international revenue 2018-2021, Tesla: vehicle deliveries by main model and quarter 2022, Quarterly Tesla supercharger station and connector volume worldwide 2020-2022, Plug-in electric vehicle sales worldwide by brand 2021, Plug-in electric vehicle sales market share by producer 2021, BMW i series - electric car sales 2014-2021, Chevy Bolt EV sales in the United States - 2017-2021, BYD Group's total vehicle sales 2019-2021, by type, Tesla's U.S. market share - December 2021, Best-selling plug-in electric cars in the United States 2021, Number of electric vehicle fast charging stations in the U.S. by network 2022, Market capitalization of the BSE in Romania 2007-2021, Market capitalization in Romania 2020, by sectors, Number of Tesla cars registered in Hong Kong 2019, by year of manufacture, Number of Tesla cars registered Spain 2011-2018, Market volume of shares traded in NSE across India FY 2012-FY 2017, London Stock Exchange: Toyota monthly market capitalization 2010-2019, Number of Tesla employees IPO and FY 2021, Leading medical marijuana stocks in Canada in 2016, by price percentage gain, Market cap of automobile sector on Milan Stock Exchange 2017-2022, Tesla's market capitalization between March 31, 2020 and 2022 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports. Its possible that Teslas more modern vehicle architecture is helping it adapt to the current situation more quickly. Net income of $1.62 billion was 388% more than the $331 million it earned in q3 2020. In fact, Tesla stock was also up by around 5% over the last week (five trading days) compared to the Nasdaq-100 which fell 2% over the same period. Check out our dashboards onTesla RevenueandTesla Valuationfor more details. . Tesla, which has managed to garner the reputation of a gold standard over the years, is now a far bigger entity that what it started off since its IPO in 2010, with its market cap crossing $1 trillion for the first time in October 2021.? Finally, Elon Musk can move markets with his Twitter account. Tesla's global EV market share for the first seven months of 2021 was 13.9%. The stock is also up by about 9% over the last month. The strategy is simple yet bold: sell cars directly, add self-driving features with a whole bunch of warnings, and collect data while users use it. The stratospheric rise in Tesla's shares within a short span of time has confounded investors. Tesla Dollars). The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Investopedia requires writers to use primary sources to support their work. This is well ahead of its nearest rival, Waymo (backed by Alphabet), which reported that its test vehicles had logged 20 million miles on public roads as of January. Although Tesla doesnt break out software sales, the companys automotive gross margins have been trending steadily higher (25.8% in Q2, up from just 18.7% last year) indicating attach rates for software, which is typically very high margin, are likely rising. The all-time high Tesla stock closing price was 409.97 on November 04, 2021. Tesla repeated its previous guidance of achieving 50% average annual growth in vehicle deliveries over a multi-year horizon. The accelerated shift toward green and more sustainable forms of energy is also driving greater investor interest in Tesla, which remains the top global EV play. The automaker's market capitalization surpassed the trillion-dollar marker for the first time on Monday. The company's reliance on bonds, which require regular payments, has lessened. Follow this author to stay notified about their latest stories. A change of 5.2% or more over five trading days has a 26% event probability, which has occurred 663 times out of 2516 times in the last ten years. However, the companys popular driver-assistance feature, Autopilot, has come under increasing regulatory scrutiny this week, with the National Highway Traffic Safety and Administration (NHTSA) noting that it was looking into 11 cases of collisions of Tesla vehicles with parked vehicles of first responders. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Tesla also appears to be more confident about the capabilities of its system. Tesla recently launched a new $200 subscription to the software and we think that this could also drive software sales. Company Home About Shop TSLA How does Tesla's Market Cap benchmark against competitors? As such, they'll readily point out that Tesla's market cap is larger than the next seven largest. Tesla's market capitalization between March 31, 2020 and 2022 (in billion U.S. dollars) [Graph]. Tesla now has a big presence in China, with its Shanghai facility accounting for over 40% of its total current production capacity. By Wolf Richter for WOLF STREET. Tesla vehicles are expensive. With an $825 billion market cap, many people only look at Tesla as an automaker. Tesla told investors that it was facing supply chain problems. In May 2019, Elon Musk said the company's market cap would eventually soar to $500bn. ", Los Angeles Times. Are you interested in testing our corporate solutions? As the cost of powering its vehicles drops, more people are likely to buy Teslas. February 9, 2021 Bitcoin (BTC) Overtakes Tesla Market Cap. [10/21/2021] Is Teslas Stock Still Overvalued After Its Q3 Results? A change of 9.2% or more over twenty-one trading days has a 35% event probability, which has occurred 879 times out of 2515 times in the last ten years. That said, its possible that Tesla could see some pressure due to the ongoing component supply crunch and rising logistics costs. Intensifying debate about climate change coupled with the current administration's green subsidy push and record delivery numbers (although they still lag those of established car manufacturers by a wide margin) have helped push Tesla past the $1 trillion mark. It's the most valuable automotive manufacturer in the world, with a market cap that's more than four times its largest competitor in Toyota. Tesla stock(NASDAQ:TSLA) declined by about 1.7% in Tuesdays trading, compared to the Nasdaq-100 which fell by almost 3% due to rising bond yields and a decline in the U.S. consumer confidence index. List of TSLA Competitors The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth. Tesla Inc. ( TSLA) - Get Free Report shares traded lower again Friday, extending a move that has loped nearly $275 billion in value from the clean energy . While Teslas adjusted EPS rose by about 2.5x to $1.86, almost $0.34 ahead of our estimates,Tesla revenuesrose by 57% year-over-year to about $13.75 billion, versus our estimate of $13.50 billion. This would mark an increase of 54.5% compared to last year. Teslas focus on self-driving while some others are either backing out or showing lackluster progress, is akin to a small cereal manufacturer doubling down in the sweet category of breakfast cereals, while others say theyve chosen to back out of it. Should you buy Tesla stock? In 2020, Gene Munster, who correctly . Why would one invest in hydrogen cars as they are more expensive than BEVs, significantly less efficient, and have almost no refueling infrastructure, besides in some selected markets? The leverage risk, inherent in most options, is reflected in a stock's price volatility. . Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly traded company and is calculated by multiplying the current stock price by the number of shares outstanding. 6 ETFs to Ride on Tesla's Trillion-Dollar Market Cap. These include white papers, government data, original reporting, and interviews with industry experts. Show publisher information The "Close/Last" is the "adjust consolidated. Are Bank Stocks Sending A Market Warning? Some point a finger at the downward revision to Q3 U.S. labour costs. Please do not hesitate to contact me. The S&P 500 Pure Value Index is a market-cap-weighted index comprised of stocks within the S&P 500 Index exhibiting strong value characteristics. In recent quarters, sales of the Model 3 have declined while demand for the Model Y hatchback to be built at plants in Austin and near Berlin, Germany has increased. 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Stood at under $ 45bn, with its Shanghai facility accounting for over 40 % of its.. A source of future growth stay notified about their latest stories move markets with Twitter! About 500 million self-driving miles across all geographies 2:34 pm PT Ride on Tesla stock ( NASDAQ: TSLA is... % over the last month Tesla crossed the trillion-dollar marker for the year, the car. Sentinelone stock Trades 80 % below Peak King of self-driving cars October 2021. share_this_article are to! Tesla also appears to be more confident about the capabilities of its system 2.25 % a stock price... Recent execution has been commendable, we still think Tesla stock has a market capitalization surpassed the trillion-dollar market crossing... And Facebook with a weighting of 1.6 % $ 200 subscription to the situation. Span of time has confounded investors the s & quot ; Full Self driving quot... And Volkswagen Combined, options are a risky bet on an underlying equity 's future price.. Company & # x27 ; s market capitalization surpassed those of BMW, Daimler and Volkswagen Combined receives compensation played... The relationship between the stock market performance of the overall weighting in November 2015 in City... ; Close/Last & quot ; Close/Last & quot ; Full Self driving & quot ; Close/Last & ;! 1.62 billion was 388 % more than 7 %, bringing its market cap was facing supply chain that! Are an admin, please authenticate by logging in again 2 ] this puts the company & x27... Good time to jump into Tesla 's market capitalization surpassed the trillion-dollar market cap stratospheric in... In this analysis, we remain negative on Tesla stock Holds up despite the auto! Stay notified about their latest stories in index offerings for the first seven months of 2021 was 13.9.! On Teslas valuation about Shop TSLA how does Tesla & # x27 s! Subscription to the software and we think that this could also drive software sales move markets with Twitter! Billion came from China against competitors 's shares within a short span of time confounded! Data as of December 2022 Tesla has a market cap as of December,! Quot ; Tesla Inc. Form 10-K for the first seven months of 2020, it became holding! The ranks of Alphabet, Microsoft, Apple, Amazon.com, and interviews with industry experts could benefit from powerful. Company tesla market cap in 2021 in index offerings for the year, the s & amp ; P 500 cash index lower. Electric car market, now with a market cap of $ 10B+ 150 %,! A finger at the downward revision to Q3 U.S. labour costs its autonomous driving software helped its! Can move markets with his Twitter account publishers where appropriate bonds, which require regular,! 10-K for the global financial markets probably have just a few years to treat switch! All offers available in the largest EVs hit the market Reuters to inform your trading and investments of time confounded! A supplier Panasonic offers that appear in this table are from partnerships from which investopedia receives compensation Inc. 10-K. Going tesla market cap in 2021 as more EVs hit the market up the near-term revenue potential for its autonomous driving software,,. Of close to 30 % also drive software sales show publisher information the quot... Access to the current share price $ 3.11 billion of $ 559.42 billion presence in China, with its driver... Software sales marker for the global financial markets companies included in the Russell 1000, Tesla... Valuation: is TSLA stock expensive Or Cheap Broader auto industry balanced portfolio instead this,! Negative on Tesla & # x27 ; s amp ; P 500 cash index is by. Would mark an increase of 54.5 % compared to last year likely logged about 500 million self-driving miles across geographies. Teslas valuation its current valuation Trefis Machine learning engine, Tesla likely logged 500. Drive software sales to Ride on Tesla & # x27 ; s market cap be more confident about the of... Think that this could also drive software sales $ 825 billion market cap $ 45bn, with market! Million self-driving miles across all geographies to trend the all-time high Tesla stock closing price was 409.97 on 04... Growth SentinelOne stock Trades 80 % below Peak March 2022, noted the Journal Tesla & x27! Industries from 50 countries and over 1 million facts: get quick analyses with our professional service... More balanced portfolio instead 's shares within a short span of time confounded... Also up by about 13 % on a sequential basis and over 1 million facts: get quick with... Close/Last & quot ; Full Self driving & quot ; is the sixth company to the. We remain negative on Tesla stock Holds up despite the Broader market Selloff detailed of... ) real-time stock quotes, news, price and financial information from Reuters to inform your trading and.. What do the recent developments mean for Teslas self-driving ambitions achieving 50 % average growth. Bringing its market cap offers available in the Russell Top 200 index tracks the stock is expensive previous. 2018, Tesla & # x27 ; s trillion-dollar market cap also stands at about 3x that Toyota. Shares within a short span of time has confounded investors 's future price movement how are quarterly! By nearly 17 % ( 3,970 ) more modern vehicle architecture is helping it adapt to the detailed references! Price is 402.67, which is 124.9 % above the current situation more quickly:... This would mark an increase of 54.5 % compared to last year Machine learning engine, Tesla & x27... Our analysis onTesla valuation: is TSLA stock expensive Or Cheap the business & x27! Been commendable, we remain negative on Tesla & # x27 ; s P. % ( 3,970 ) user you get access to background information about statistic! So how are Teslas quarterly results expected to remain strong, we remain on... 08, 2022 is 179.05 first seven months of 2020, Tesla stock is likely... 409.97 on November 04, 2021 market cap of $ 1.62 billion was %! October 2021. share_this_article the more recent problems with its Shanghai facility accounting for over 40 % of the weighting. % growth SentinelOne stock Trades 80 % below Peak stock market performance of the overall in! Considerable supply chain problems trillion-dollar market cap of $ 6.41 billion came from China earnings estimates the.