Technical Analysis Tesla Stock
Fundamental Analysis Tesla Stock
Tesla Stock - an Investment in the Future of TechnologyTesla Motors quickly became one of the most promising companies on the global stage. In 2020, its cost exceeded $ 0.5 trillion. After the publication of reports for the third quarter of 2020 (the most successful in the history of the company), Tesla shares on the NASDAQ rose 3.3% in one trading day. In August 2020, Tesla decided to split the stock after hitting an all-time high of over $ 1,800 apiece to make it more accessible to private investors. They were split 1: 5, after which the price dropped to $ 400. By the end of the year, the electric car maker's securities continue to rise in price and hold at $ 640 apiece.
A Brief History of Tesla Stocks from Simple-Invest2003 - the beginning of the history of Tesla, among its founders was Elon Musk;
2005 - the company launched the Model X and Model 3. In addition, Tesla Motors began to dynamically expand the network of Tesla Supercharger charging stations. Now it is a developed structure, and it is easy for electric car owners around the world to plan trips by tracking the availability of stations on a GPS map;
2009 - Musk announces the Tesla Model S five-door electric car. The start of its sales fell on 2012, since then the model has been repeatedly improved and updated;
2010 - the company successfully completed an IPO (initial public offering). On the first day of trading alone, the share price skyrocketed 41%;
2014 - an impressive success of the company, more than 55 thousand Tesla S cars were sold;
2019 - Tesla's revenue is growing rapidly. The main reasons for this are the launch of a plant in Shanghai, an increase in sales to 367 thousand cars a year and a demand for a budget Model 3.
2020 has been an unprecedentedly successful year for Tesla. In the third financial quarter, capitalization reached $ 390 billion (for comparison, in the same period last year, the figure was $ 40 billion). After four profitable quarters in a row, the company has conquered another high - at the end of December 2020, it is included in the S&P 500 index (the 500 most expensive US companies listed on the American stock exchanges). Against this background, the issuer's securities continued their growth.
What Factors are Helping Tesla GrowMarketing. Musk knows how not only to run a business, but also to put on a show. An example is the campaign with the flight of the red Tesla Roadster to Mars. This masterfully crafted news item has spread all over the top media.
Active construction of a network of Supercharger charging stations along key highways throughout the United States. Another bonus that attracts drivers is the ability to use charging stations for free.
The company is increasing its production of cars. Production began at factories in Shanghai and Berlin. Thanks to them, the company is more actively moving outside the US market.
A company strategy that focuses on the pursuit of a dream. The main thing for Musk and his associates is to create a fundamentally new product. At the same time, the goal of making money quickly fades into the background.
The company lacks a rigid hierarchy. Any idea or question can be referred directly to the guide. Talented and promising specialists are selected for the team.
All of the above adds up to a non-standard business model even today. It is being analyzed now and, for sure, they will try to repeat it in the future.