Tesla stock price is an indicator of the stock price of Tesla, Inc. Tesla is a multi-national automotive and clean energy company that designs electric vehicles and other energy-related products. It also manufactures solar panels, roof tiles, and battery energy storage. Its products can be found in many markets around the world, including China, North America, Europe, and Japan.
Tesla has experienced a remarkable upsurge this year, with the stock rising to record highs and breaking the $300 level for the first time in the company’s history. The stock has recovered from what initially looked like a massive short squeeze and has been steadily consolidated since. But it has a long history of volatility. Until now, it has only experienced one sustained period of steady price growth. Before that, it has always been extremely volatile and had massive drops.
Tesla is a high-risk stock, so investors should be aware of its risks. The biggest risk is that the company won’t be able to meet its growth projections. While the company’s sales in China have skyrocketed, its production and delivery in Shanghai slowed significantly due to China’s zero-carbon emission policy.
On top of the negative catalysts, a recent report showed that Tesla delivered more electric cars than expected last quarter. In the third quarter, the company delivered 343,830 cars, which was well above analysts’ expectations of 350,00 to 370,000 electric vehicles.
