Tesla (TSLA) Exceeds Market Returns: Some Facts to Consider
From Nasdaq:
Tesla (TSLA) ended the trading session at $261.47, up 1.89%. The stock lagged behind the S&P 500 but is up 4.01% over the past month.
Analysts expect Tesla to report earnings of $0.73 per share with an anticipated revenue of $25.78 billion. Estimates for the fiscal year are projecting earnings of $3.16 per share and a revenue of $97.52 billion.
Tesla currently has a Zacks Rank of #4 (Sell) and a Forward P/E ratio of 81.14, which is a premium relative to the industry’s average.
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Read more: Tesla (TSLA) Exceeds Market Returns: Some Facts to Consider