Tesla (TSLA) closed at $438.69, up 1.29% from the previous day, outperforming the S&P 500. Shares rose 24.82% in the past month. The upcoming earnings report on October 22 projects earnings of $0.5/share, a 30.56% decline YoY, with revenue expected to rise by 2.64%. Analyst estimates and Zacks Rank suggest positive momentum.

Tesla’s valuation includes a Forward P/E of 270.4, a premium compared to industry average. The PEG ratio stands at 11.3, higher than the industry average of 2.42. The Auto-Tires-Trucks sector, where Tesla operates, has a Zacks Industry Rank of 171, placing it in the bottom 31% of industries. Stay updated on stock metrics with Zacks.com.

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Read more at NASDAQ: Tesla (TSLA) Outpaces Stock Market Gains: What You Should Know