Shares of Tesla have moved 4.7% today, and are now trading at a price of $181.6. In contrast, the S&P 500 index saw a 0.2% change and the Dow Industrial Average posted a 0.5% performance. Today's trading volume is 57,166,792 compared to the stock's average volume of 81,289,480.
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. Based in Austin, United States the company has 99,290 full time employees and a market cap of $573,447,405,568.
The company is now trading -30.98% away from its average analyst target price of $263.11 per share. The 37 analysts following the stock have set target prices ranging from $24.33 to $436, and on average give Tesla a rating of buy.
Over the last year, TSLA shares have gone down by -48.8%, which represents a difference of -33.0% when compared to the S&P 500. The stock's 52 week high is $402.67 per share and its 52 week low is $166.19. Based on Tesla's average gross margin growth of 11.7% over the last four years, its core business remains strong and the stock price may recover in the long term.
