Investors seem to be reacting well to news regarding Tesla’s S&P inclusion. Shares of Tesla, Inc. inched 8.21% to $441.61 at 21:05 UTC on Tuesday. The Nasdaq Stock Market fell -0.26% to $11893.1. This was the market third successive session of losses.
Tesla, Inc. closed at $408.09, below its 52-week high of $502.49.
Tesla’s sales growth is 35.3% for the present quarter and 56.5% for the next. The company’s growth estimates for the ongoing 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 $441.61, way lower than its 52 Week High of $502.49 and way higher than its 52 Week Low of $65.42.
Tesla’s value is higher than its 50 day moving average of $423.85 and way above its 200 day moving average of $317.24.