Shares & Derivatives
Is It Too Late to Invest in Tesla?
By Dr Wealth  •  January 7, 2022
By the time you read this, it is likely that you have already digested the latest news on how Tesla Inc. (NASDAQ: TSLA) have closed out 2021 with absolutely monstrous delivery and production numbers. As a recap, in case you have not heard, have accelerated both production and delivery of vehicles in Q4 2021 to around 306k and 309k vehicles respectively. To get a sense of the magnitude, consensus estimates by analysts were around 263k mark which translates to a whopping 16% beat. This rounds out the year for them with approximately 930k of vehicles produced alongside 936k vehicles delivered for FY 2021. This consequently sparked euphoria in the stock which ended a full 13.5% higher. As of writing, Tesla has a market capitalization a little north of USD 1.2 trillion, making in the world’s most valuable automaker by a VERY large margin. At current valuation levels, I can understand why many investors may feel that they have...
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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