Thursday, December 3, 2020
Tuesday, December 1, 2020
Why Tesla stock prices are increasing although revenue not going same pattern
Elon Musk surpassed Bill Gates in the wealth calculation last week, becoming the second richest person in the world, with his company, Tesla, exceeding $ 500 billion. Why do investors think electric car company Tesla is worth so much more than it was a year ago? At the start of 2020, the stock market was valuing Tesla at nearly $ 80 billion - and even then, skeptics believed it was too high a price for a company that was barely making a profit. Over the year, its shares and valuations rose to more than $ 500 billion, after news emerged that the company would be included in the S&P 500 index of leading companies.
All are considering now that Tesla soon will control cars market all over the world to achieve 50 times its revenue now
And We are all waiting
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