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Tesla's overall gross margins jumped 195 basis points to 19.8%. Overall revenue rose 8% to $25.2 billion. Energy Generation revenue climbed 52% to $2.4 billion, and Service and Other revenue ...
Shares of electric-car maker Tesla (NASDAQ: TSLA) have been on an absolute tear in 2024, rising more than 70% as of this writing. This obliterated the S&P 500's 25% gain during this time. The huge ...
Clearly, Tesla shareholders have been disappointed by the stock's results over the last few years. Macroeconomic forces such as lingering inflation and a high interest rate environment took a toll ...
As a result, investors are speculating that Tesla will benefit from the incoming administration's policies, which is why most of the gain in its stock for 2024 occurred after Election Day on Nov. 5.
With Tesla already trading at a market cap of $1.5 trillion and a P/E ratio of 200, the stock seems more likely to underperform than not next year, despite the current investor enthusiasm.
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Tesla wasn’t one of them. The 10 stocks that made the cut ...
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