Tesla has been somewhat immune to the crisis and the S&P inclusion news is making it go on a bullish momentum with its shares jumping by a staggering 10.2% to $486.64 at 16:00 EST on Wednesday. The Nasdaq Stock Market inched 0.04% to $11904.3.
Tesla last close was $441.61, below its 52-week high of $502.49.
Tesla’s sales growth is 35.3% for the current quarter and 56.5% for the next. The company’s growth estimates for the present quarter and the next are 112.2% and 265.2%, respectively.
Year-on-year quarterly revenue growth grew by 39.2%, now sitting on 28.18B for the twelve trailing months.
Tesla’s stock is valued at $486.64 at 16:00 EST, below its 52 Week High of $502.49 and way above its 52 Week Low of $65.42.
Tesla’s value is way above its 50 day moving average of $424.41.
Tesla’s value is way above its 200 day moving average of $319.4.