Shares of Consumer Cyclical sector company Tesla moved 1.2% this morning, and are now trading at a price of $193.58. The large-cap stock's daily volume was 10,909,505 compared to its average volume of 71,401,423. The S&P 500 index returned a -0.8% performance.
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company is based in Austin and has 99,290 full time employees. Its market capitalization is $643,504,406,528.
37 analysts are following Tesla and have set target prices ranging from $24.33 to $436 per share. On average, they have given the company a rating of buy. At today's prices, TSLA is trading -28.36% away from its average analyst target price of $270.2 per share.
Over the last year, TSLA shares have gone down by -46.3%, which represents a difference of -28.6% when compared to the S&P 500. The stock's 52 week high is $402.67 per share and its 52 week low is $186.75. With average free cash flows of $2,111,500,000.0 that have been growing at an average rate of 267.6% over the last four years, Tesla declining stock performance may not be reflective of the quality of its underlying business.
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