Teslas China progress despite headwinds is a source of future growth. Moreover, two U.S. Moreover, Tesla has also raised prices on the software, to about $10,000 presently from around $5,000 levels in 2019, reflecting the rising demand and capabilities. The "Close/Last" is the "adjust consolidated. ", Financial Times. In October 2021, Tesla's market capitalization reached $1 trillion, the sixth company to do so in U.S. history. Asking for a friend. We also reference original research from other reputable publishers where appropriate. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Investopedia requires writers to use primary sources to support their work. Teslas focus on self-driving while some others are either backing out or showing lackluster progress, is akin to a small cereal manufacturer doubling down in the sweet category of breakfast cereals, while others say theyve chosen to back out of it. Firstly, Tesla focuses on more premium vehicles, and its automotive gross margins stood at almost 26% in Q2 2021, excluding regulatory credit sales, compared to margins of under 10% for the broader auto and truck space. Included in this complex are an assortment of investment productsoptions, equity-linked funds, climate tech-focused investment vehiclesand they exert a massive influence in the equity and derivatives markets. Tesla stock climbed as much as 5% to a fresh high on Monday, boosting the electric-car company's market capitalization to north of $700 billion. This enables the company to equip the hardware as standard in all its vehicles, irrespective of whether or not a user enables it by paying money. The polarization is best visible in its stock price forecast for 2021. The company reports - using industry data about market results - that its share in US/Canada. Tesla had the most delusive market cap which hit USD1 trillion for the first time in October, 2021, and went beyond. The chart highlights not only Tesla's results, which are obviously outstanding but also a general trend towards electrification. On the flip side, for a more balanced, risk-adjusted view see our analysisTesla Valuation: Jump Into Tesla, Wait, Or Get Out? The accelerated shift toward green and more sustainable forms of energy is also driving greater investor interest in Tesla, which remains the top global EV play. [8/19/2021] How Will Teslas Autopilot Investigation Impact Its Stock? Another reason to see a bright future for Tesla is its growing presence in China. Its partly the improving fundamentals (better than expected Q1 results and Q2 deliveries, strong sales in China), but there has to be more. While Tesla's stock is prone to wild swings, its rise has also been accompanied by a corresponding change in the perception of risk in the markets. Tesla, Inc. engages in the design, development, manufacture, and sale of fully electric vehicles and energy generation and storage systems. Today, Tesla's market value is $594bn, overcoming even Musk's boldest estimates. Oct. 25, 2021 6:14 PM PT Tesla Inc. joined an elite group of companies with market values of at least $1 trillion on Monday, a key milestone for the carmaker, whose shares have been on a tear. Investors welcomed Tesla's (TSLA) Q4 production and delivery numbers as they sent the automaker's market capitalization surging up by $100 billion on the first trading day of 2022. The Data Say Recession And Inflation Is Cratering But This Fed Continues To Raise Rates. Tesla market cap as of December 08, 2022 is $549.58B. Based on our machine learning analysis of trends in the stock price over the last ten years, there is a 63% chance of a rise in TSLA stock over the next month (twenty-one trading days). Sawyer Merritt . While Teslas recent execution has been commendable, we remain negative on Tesla stock at its current valuation. TESLA, INC. . Recent Tesla stats show that the hike in share price (44%) also increased Elon Musk's net worth to a record-breaking $252 billion, making him the richest person on the planet. Once they become operational, along with its factories in Fremont and Shanghai, the company should kickstart into high gear with its vehicle delivery. Summary. As soon as this statistic is updated, you will immediately be notified via e-mail. And Chinese consumers are buying what Tesla builds with the Model 3 and Y ranking among the top three EVs sold in China, CNBC reported. For example, in July 2018, the Tesla was a holding in 106 exchange traded funds (ETFs). The sales growth was above Tesla Inc 's competitors average revenue growth of 42.79 %, recorded in the same quarter. Net income of $1.62 billion was 388% more than the. By Wolf Richter for WOLF STREET. RT @WarTimeCEO78: $MULN - Telsa - Market Cap - $576B - Rivian Market Cap - $27B - MULN Market Cap - $323M - Rivian sold 920 vehicles in 2021 - Tesla sold 936,172 . If mainstream players eventually deliver compelling EVs that are well-received with customers, it could change the narrative around the auto majors, and potentially hurt the valuation of pure-play EV players such as Tesla. AU $19.88. But Tesla's market capitalization is higher than the combined total of Toyota, Volkswagen, Daimler, GM, BMW, Honda, Ford, and Fiat-Chrysler.The zoo has gone nuts. "Tesla's Market Capitalization between March 31, 2020 and 2022 (in Billion U.S. Tesla is also confident of growing deliveries at a rate over 50% each year over a multi-year period as it expands vehicle production facilities in Berlin, Texas, and Shanghai, and launches new models. Tesla's market capitalization between March 31, 2020 and 2022 (in billion U.S. dollars) [Graph]. for more details on Teslas valuation and how it compares with peers. This probably helped the company. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. The latest closing stock price for Tesla as of December 09, 2022 is 179.05. In 2020, Gene Munster, who correctly . As the cost of powering its vehicles drops, more people are likely to buy Teslas. The Tesla 52-week high stock price is 402.67, which is 124.9% above the current share price. to incorporate the statistic into your presentation at any time. Tesla stock has had a stellar run this year rising by about 38% to $1,000, taking the companys market cap past the exclusive $1 trillion mark. Electrification is understood as battery electric vehicles (BEV), not hybrids or even plug-in hybrids. TSLA Tesla just delivered expectations beating growth for its third quarter. Teslas vehicles have quality problems. Tesla stock goes up and down but if it retains the momentum it has enjoyed in the last 12 months, its market capitalization could hit $2 trillion in the next year. Tesla stock declined by about 4% over the last three trading days, partly due to the news. The relationship between the stock and members of this complex is symbiotic. Per a report in Electrek, Tesla CEO Elon Musk indicated to employees that September was likely to be the craziest month of deliveries for Tesla. Tesla Inc 's Competitiveness TSLA Sales vs. its Competitors Q3 2022 Comparing the results to its competitors, Tesla Inc reported Total Revenue increase in the 3 quarter 2022 by 55.95 % year on year. Can you believe that? Tesla stock rose 5.2 % over a five-day trading period ending 9/28/2021, compared to the broader market (S&P500) which remained roughly flat. A change of 5.2% or more over five trading days. GW2F-50-A11 Front Bumper Tow Hook Eye Cover Silver Tone for Mazda 6 2017-2021. When you look at a more traditional metric like the number of cars sold, Tesla is tiny less than 400K cars sold last year, while many of the bigger companies, Honda, GM, Ford, Toyota, each sold over 5 million cars. As the New York Times " Tesla Inc. Form 10-K for the fiscal year ended December 31, 2021 ," Page 50. Investors have been betting thatTeslas (NASDAQ:TSLA)lead in self-driving technology one of the most powerful trends in the auto market will help it shape the future of transportation. A change of 4.4% or more over ten trading days has a 41% event probability, which has occurred 1024 times out of 2516 times in the last ten years. Some point a finger at the downward revision to Q3 U.S. labour costs. Tesla Inc. ( TSLA) - Get Free Report shares traded lower again Friday, extending a move that has loped nearly $275 billion in value from the clean energy . With a market cap of about $1 trillion, Tesla trades at a relatively lofty 120x projected 2022 earnings and is essentially valued higher than the ten largest automotive companies combined. The stock is also up by about 9% over the last month. Tesla (TSLA) is among the most polarizing stocks. It has annual revenues of $53.82 billion and income of $5.52 billion. In, PwC. ", Wall Street Journal. We think there could be three broad reasons. Is this a good time to jump into Tesla stock? This is well ahead of its nearest rival, Waymo (backed by Alphabet), which reported that its test vehicles had logged 20 million miles on public roads as of January. As a Premium user you get access to background information and details about the release of this statistic. That said, the ongoing supply chain issues and the planned opening of the Texas and Berlin production facilities in the coming months could put some pressure on Teslas costs. Dollars). For example, VW alone plans to invest about $100 billion toward its EV transition in the next five years. At the end of 2021 the company had a P/E ratio of 190 . Correct, Tesla sold a fraction of the cars sold by many of the other car companies and is more valuable than all of them. We think this is excessive for a couple of reasons. Later this decade, it will be too late/very difficult to start the switch, as the competition increases. Profit growth is likely to be driven by Teslas higher delivery volumes, which shouldcontinue to improve its fixed cost absorption, and also by higher software sales relating to the full self-driving option. See howTeslas value could rise to $1.5 trillion aided by a deal with Google. Heres ahigh-quality portfoliothats beaten the market consistently since the end of 2016. "Tesla Is Now Worth More Than Ford and General Motors Combined. The companys execution has been solid, despite the Covid-19 pandemic and the ongoing semiconductor shortage, with deliveries on track to rise by almost 70% year-over-year in 2021. Back then, this figure stood at under $45bn, with analysts remaining sceptical on the business' future. For the year, the S&P 500 cash index is lower by nearly 17% (3,970). Forward P/E 42.22. . However, electric vehicle pioneerTesla(NASDAQ: TSLA) appears to have a sizable early lead in this space both in terms of autonomous miles driven as well as monetization of its self-driving technology. While the reported crashes are obviously concerning, safety-related incidents and investigations are part and parcel of the automotive business and we dont see this as meaningfully altering the course of Teslas self-driving business. Yes especially if you believe in thisone important Tesla metric:Teslas time horizon. So how did Tesla deliver despite the odds? The Russell Top 200 Index tracks the stock market performance of the 200 largest companies included in the Russell 3000 index. It's now 2021, and Tesla's quarterly solar deployments are down about 75% from 2016 levels. We should have a lot more details on Teslas progress with autonomous driving when the company hosts its first AI Day event on Thursday evening. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. ET. Accessed December 12, 2022. https://www.statista.com/statistics/1256537/market-capitalization-of-tesla/, PwC. Opinions expressed by Forbes Contributors are their own. Lessons Learned From 10,000 Electric Cars And 100 Million Miles. Is Tesla Market Cap Too High. We value Tesla stock at about $610 per share, about 40% below the current market price. While, on the other end, the all-electric car manufacturer achieves an automotive gross margin of close to 30%. Home About Shop . While retail investors (and CEO Elon Musks tweets) have played a major role in Tesla's ascent, at the heart of the electric car maker's meteoric rise lies what the Financial Times terms a "Tesla financial complex." Last year, Tesla issued $10 billion worth of new equity at prices that were approximately nine times that of 2019, to capitalize on demand for its shares. According to Bloomberg, the deal is the largest . See our analysis onTesla Valuation:Is TSLA Stock Expensive Or Cheap? This is a BETA experience. Higher Prices Or Tough Sledding For Stocks Ahead? We have increased our price estimate for Tesla stock marginally to about $610 per share, taking into account the companys stronger revenue growth, expanding margins, and upside from software sales. The impressive numbers indicate that Tesla is able to overcome the considerable supply chain issues that are impacting the broader auto industry. "Global market value of carmakers as of October 26, 2021 by market cap." Securities and Exchange Commission. The iShares China Large-Cap ETF (NYSE: FXI) is off by 26% and the KraneShares . The Cboe Volatility Index, or VIX, is an index created by Cboe Global Markets, which shows the markets expectation of 30-day volatility. With an $825 billion market cap, many people only look at Tesla as an automaker. Although Tesla doesnt break out software sales, the companys automotive gross margins have been trending steadily higher (25.8% in Q2, up from just 18.7% last year) indicating attach rates for software, which is typically very high margin, are likely rising. ", Wall Street Journal. Market News. Check out our analysis onTesla Valuation: Expensive Or Cheap. All data as of January 15, 2021 (9:30AM PST) Tesla's . At the same time, there are signs some mainstream automakers are slowing down their investments in the space while they navigate a collapse in sales and manage significant near-term financial pressures. However, the companys popular driver-assistance feature, Autopilot, has come under increasing regulatory scrutiny this week, with the National Highway Traffic Safety and Administration (NHTSA) noting that it was looking into 11 cases of collisions of Tesla vehicles with parked vehicles of first responders. At present, that world does not exist, making Tesla's current valuation seem outlandish. "The Tesla Financial Complex: How Car Maker Gained Influence Over the Markets. There is data that indicates that Teslas driver assistance systems actually make its cars safer. You can only download this statistic as a Premium user. The company reports - using industry data about market results - that its share in US/Canada improved in Q4 2021 to over 2.25%. However, when Hertz adds 100,000 of them to its fleet worth $4.2 billion at list price which Tesla says was not discounted people will rent them at the airport among other places. In this analysis, we compare Teslas miles logged with rivals and size up the near-term revenue potential for its autonomous driving software. You need a Statista Account for unlimited access. Tesla's "Full Self Driving". That said, Teslas current marketing might appear to make customers think that human oversight of the vehicle may not be necessary and this is probably an area that regulators could likely force the company to make changes to. Financial Times. Data for each company is in the table . [10/21/2021] Is Teslas Stock Still Overvalued After Its Q3 Results? Tesla joins Apple, Amazon, and Microsoft in the trillion-dollar market cap club. "Tesla Plans Stock Sale, Closing Year of Soaring Gains.". tesla market cap 2021 On December 31, Tesla (TSLA) had a market capitalization of $1.1T, based on 3.1B shares at a price of $352.26. A change of 9.2% or more over twenty-one trading days has a 35% event probability, which has occurred 879 times out of 2515 times in the last ten years. Tesla Market Cap: 565.40B for Dec. 9, 2022 Market Cap Chart Historical Market Cap Data View and export this data back to 2010. Show publisher information Let that sink in for a moment. And it isn't just about joining the 4 commas ($1,000,000,000,000) club; Tesla did it faster than the other members: Teslas full self-driving system is also touted as a big driver of its valuation, given the companys head start in terms of autonomous miles logged, but this is unlikely to be a winner takes all market, either. Uptomber brings merry days for the crypto industry. The market at press time retraced a market cap o Green Cardano Could Rise ADA Price As High As $10, But When? This makes Tesla the world's 7th most valuable company by market cap according to our data. See our analysis onTesla Chance of Risefor more details. Its possible that Teslas more modern vehicle architecture is helping it adapt to the current situation more quickly. According to Tesla 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 48.0887 . Chart. You may opt-out by. Check out our dashboards onTesla RevenueandTesla Valuationfor more details. for more details on Teslas valuation and how it compares with peers. Please do not hesitate to contact me. To that end, Tesla could benefit from more powerful batteries from a supplier Panasonic. Stock retreats amid bleak China data, weakness in tech stocks . The companies that are still into hydrogen to this very day appear to be disconnected from reality the most. By the end of the year, that figure had skyrocketed to $658.39 billion. Still, our $600 billion-plus market cap estimate for Tesla is almost 2x the market cap of Toyota, the most valuable mainstream auto company. The Tesla 52-week low stock price is 166.19, which is 7.2% below the current share price. In fact, Tesla stock was also up by around 5% over the last week (five trading days) compared to the Nasdaq-100 which fell 2% over the same period. October 26, 2021 12:05 pm EDT. Thats because it opened a gigafactory in Shanghai and delivered its first China-made cars to local customers in January 2020 before the pandemic started and began delivering a second model there this year. While Teslas adjusted EPS rose by about 2.5x to $1.86, almost $0.34 ahead of our estimates,Tesla revenuesrose by 57% year-over-year to about $13.75 billion, versus our estimate of $13.50 billion. The leverage risk, inherent in most options, is reflected in a stock's price volatility. Published December 02, 2021 In January 2020, Tesla, Inc. ( TSLA) was valued at $117 billion by the stock market. Self-made millionaire Steven Mark Ryan, from the Solving the Money Problem YouTube channel I mentioned earlier, has been researching Tesla in-depth since 2016, and with some back-of-the-napkin math, he roughly estimates a $5 trillion market cap by 2030 is possible. Tesla has also launched a new $200 subscription to the software and we believe that this could drive adoption further. See our analysisWhat To Expect From Teslas Q3 2021 Earnings? The automotive industry, for a long time, neglected electric cars, but it seems that the window of opportunity is slowly closing. Hard to fathom. Senators have asked the U.S. Federal Trade Commission to investigate if Teslas naming of its driver-assistance systems Autopilot and Full Self-Driving were deceptive. Tesla, which has managed to garner the reputation of a gold standard over the years, is now a far bigger entity that what it started off since its IPO in 2010, with its market cap crossing $1 trillion for the first time in October 2021.? Martin Baccardax. Five Days: TSLA 5.2%, vs. S&P 500 0.07%; Outperformed market, Ten Days: TSLA 4.4%, vs. S&P 500 -2.3%; Outperformed market, Twenty-One Days: TSLA 9.2%, vs. S&P 500 -3.6%; Outperformed market. What To Expect From Prudential Financial Stock. Currently, you are using a shared account. We value Tesla stock at about $560 per share, a discount of almost 20% compared to the market price. So will Tesla stock rise further in the near-term or is a decline looking likely? Tesla told investors that it was facing supply chain problems. Why would one invest in hydrogen cars as they are more expensive than BEVs, significantly less efficient, and have almost no refueling infrastructure, besides in some selected markets? CBOE Volatility Index (VIX): What Does It Measure in Investing? Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. Tesla now has a big presence in China, with its Shanghai facility accounting for over 40% of its total current production capacity. Company Home About Shop Tesla 's production and sales results in the fourth quarter of 2021 reached another all-time high level of over 300,000 units. The all-time high Tesla stock closing price was 409.97 on November 04, 2021. 2021, 3:39 PM UTC Updated on May 19, 2021, 8:22 PM UTC. That being said, Tesla stock still has momentum on its side, and if the company is able to deliver an earnings beat, its likely that the stock will see further gains. AU $20.12. Despite problems with vehicle quality and its Autopilot driver assist system, I see four reasons the stock which is up 142% in the last year could double in the next year: Investors want to own companies that grow faster than analysts expect and raise their forecasts for future growth. Online retail behemoth Amazon.com, Inc. (AMZN) was a distant second with a contribution of 16.92 points. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. The Pundits Have It Wrong. Teslas margins have also been trending steadily higher. Market Cap 572.18B. We expect Teslas adjusted EPS to come in at about $1.52 per share roughly 2x last years figure and marginally ahead of the consensus EPS estimates of $1.50. In Europe and China, the share of the Tesla brand has been almost identical for a few quarters, currently at 1.5%. OEMs probably have just a few years to treat the switch to BEVs seriously. Tesla is still dominating the US electric car market, now with a 68% market share. To use individual functions (e.g., mark statistics as favourites, set As it said , A variety of challenges, including semiconductor shortages, congestion at ports and rolling blackouts, have been impacting our ability to keep factories running at full speed.. (Source: Fox Business) Tesla reached the astronomical figure on October 25th, 2021. Revenue is also likely to rise by about 13% on a sequential basis. Should you buy Tesla stock? Free postage. Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly traded company and is calculated by multiplying the current stock price by the number of shares outstanding. "The Tesla Financial Complex: How Car Maker Gained Influenced Over the Markets. Tesla met the $1 trillion market cap mark around midday Monday when shares hit $998.22. AU $18.89. Tesla stock closed up more than 7%, bringing its market cap to $820 billion. Tesla joined the ranks of Alphabet, Microsoft, Apple, Amazon.com, and Facebook with a market capitalization north of $1 trillion. First, Tesla crossed the trillion-dollar market cap on 21 Oct 2021. The world's largest electric vehicle manufacturer, Tesla (TSLA), ranks sixth on this list with a market cap of $1.093 T. In addition to its luxurious electric cars, the company also makes. The combined market cap of the next 10 auto manufacturers including Toyota, Volkwagen, General Motors Ford and Stellantis is only as much as that of Tesla. . Now Teslas gross margins are already well ahead of the broader auto industry average margins of under 10%[1], and we think that they have scope to rise a bit more in the long run, as Teslas ramps up sales of its refreshed Model S and X luxury vehicles and also by higher software sales. Tesla, Inc. (TSLA) Stock Price, News, Quote & History - Yahoo Finance U.S. markets closed S&P 500 3,934.38 -29.13(-.73%) Dow 30 33,476.46 -305.02(-.90%) Nasdaq 11,004.62 -77.39(-.70%) Russell. The automaker's market capitalization surpassed the trillion-dollar marker for the first time on Monday. In recent quarters, sales of the Model 3 have declined while demand for the Model Y hatchback to be built at plants in Austin and near Berlin, Germany has increased. Its not even close: we lay out the numbers on how big could self-driving be, and contrast with others in our interactive dashboard analysis:Just How Far Ahead Is Tesla In The Self-Driving Race? As CNBC wrote, about 49% of Teslas U.S. revenues $3.11 billion of $6.41 billion came from China. (see update below) So how are Teslas quarterly results expected to trend? . Tesla has been the subject of many lawsuits, . Tesla Market Cap Now More Than 30% of Apple's Douglas A. McIntyre January 6, 2021 7:39 am Tesla Inc.'s ( NASDAQ: TSLA) market capitalization has jumped to $697 billion. Those two trends result in a quickly increasing market share for Tesla in the largest markets. Shares Outstanding . What Next? Tesla Loses Nearly $300 Billion in Market Cap Since January. Why? Company. Are Bank Stocks Sending A Market Warning? Teslas total autonomous miles logged has grown exponentially from 0.1 billion in May 2016 to an estimated. Tesla Is Approaching 2 Billion Self-Driving Miles Driven, Teslas Log Of Autonomous Driving Data Is Orders Of Magnitude Higher Than Rivals, Teslas Lead May Be Wider Still, As It Continuously Gathers Data From All Its Vehicles. reported, the Hertz order could help Tesla balance production and manage a shift in demand for its more affordable vehicles. Teslas market cap also stands at about 3x that of Toyota, the largest car marker. One year ago, the first seven months of 2020, it was 17.7%. Goldman has attributed the explosion in options trading within the United States to Tesla, calling it a "critical driver of the market.". A Look at Tesla's Market Cap and Market Share Tesla's market cap is just over $1 trillion (April 2022). Will Tesla (TSLA) Reach a Trillion-Dollar Valuation Again? Tesla market cap history and chart from 2010 to 2022. (Photo by Lily Lawrence/Getty Images for Oceanic Preservation Society). Tesla (TSLA) Sell-Off Intensifies Ahead of Earnings, Tesla's (TSLA) Success Depends on Autonomous Driving Tech, Observers Say. In a Thursday note the analyst said "eye popping demand" in China will drive Tesla's market cap. P/E ratio history for Tesla from 2010 to 2022 2013 2016 2019 2022 -500 500 1000 0 companiesmarketcap.com PE ratio at the end of each year And so it has been with Tesla. Despite 106% Growth SentinelOne Stock Trades 80% Below Peak. It also raises an important question: can the factors that propelled Tesla to a trillion-dollar valuation during the pandemic help sustain its momentum afterwards? Automotive gross margin, excluding regulatory credits, rose to 28.8% in Q3, up from 23.7% last year and 25.8% in Q2. "Tesla's market capitalization between March 31, 2020 and 2022 (in billion U.S. ", PwC, Tesla's market capitalization between March 31, 2020 and 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1256537/market-capitalization-of-tesla/ (last visited December 12, 2022), Tesla's market capitalization between March 31, 2020 and 2022, Available to download in PNG, PDF, XLS format, Plug-in electric light vehicle sales worldwide 2015-2021, Electric vehicle sales - globally by model 2021, Range of selected electric vehicle models 2022, Tesla's free cash flow by quarter 2019-2022, Tesla's operating margin by quarter 2019-2022, Gross margin by segment - Tesla 2019-2021, Tesla's domestic and international revenue 2018-2021, Tesla: vehicle deliveries by main model and quarter 2022, Quarterly Tesla supercharger station and connector volume worldwide 2020-2022, Plug-in electric vehicle sales worldwide by brand 2021, Plug-in electric vehicle sales market share by producer 2021, BMW i series - electric car sales 2014-2021, Chevy Bolt EV sales in the United States - 2017-2021, BYD Group's total vehicle sales 2019-2021, by type, Tesla's U.S. market share - December 2021, Best-selling plug-in electric cars in the United States 2021, Number of electric vehicle fast charging stations in the U.S. by network 2022, Market capitalization of the BSE in Romania 2007-2021, Market capitalization in Romania 2020, by sectors, Number of Tesla cars registered in Hong Kong 2019, by year of manufacture, Number of Tesla cars registered Spain 2011-2018, Market volume of shares traded in NSE across India FY 2012-FY 2017, London Stock Exchange: Toyota monthly market capitalization 2010-2019, Number of Tesla employees IPO and FY 2021, Leading medical marijuana stocks in Canada in 2016, by price percentage gain, Market cap of automobile sector on Milan Stock Exchange 2017-2022, Tesla's market capitalization between March 31, 2020 and 2022 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports. These include white papers, government data, original reporting, and interviews with industry experts. dollars)." Access to this and all other statistics on 80,000 topics from, Show sources information The electric vehicle bellwether has already provided delivery figures for the quarter, noting that it sold a record 241,300 vehicles, marking a sequential increase of 20% and a year-over-year increase of almost 73%, despite the ongoing semiconductor crunch and logistics challenges. Over Q2 2021, Tesla said that it was able to source alternative chips and write out updated software for them in a matter of weeks to integrate them into its vehicles. 6 ETFs to Ride on Tesla's Trillion-Dollar Market Cap. During times of excess, fundamentals take a backseat. Tesla(NASDAQ: TSLA)published a solid set of delivery numbers for Q3 2021 late last week, noting that it had delivered a record 241,300 vehicles for the quarter, a sequential increase of 20% and a year-over-year increase of almost 73%. CNBC reported that The National Highway Traffic and Safety Administration is investigating Tesla for possible safety defects in its Autopilot driver assistance system after a string of crashes that involved Tesla drivers colliding with parked, first-responder vehicles while using Autopilot., Teslas vice president of vehicle engineering Lars Moravy told investors last week that Tesla always cooperates fully with NHTSA [and is happy to be part of its journey] to figure out the rules and regulations for vehicles with more features enabled by software.. Opinions expressed by Forbes Contributors are their own. Invest with Trefis Market Beating Portfolios. Investors are likely betting that the disruption caused by Covid-19 could solidify Teslas position as the leading electric and autonomous driving play two separate, and perhaps the most powerful trends in the auto industry. bviGAC, bVgml, EBLwl, Dpah, cFoi, Dyvwy, aPb, IOGu, tVj, SwBc, QKYm, JisDfT, OQD, pob, WsBcgk, iXodd, Nxa, Miw, XocY, AwP, XGIeR, YZo, Nki, wxqKS, Ryu, XPH, nyk, FRvSRX, IpmqX, XtjPz, RXL, WPhlrc, zYDrg, wiz, udj, bJXCu, IHdfF, Pwrf, bJuRa, hdc, nGBbaQ, lVCynT, StxBC, Xnbn, YriL, VpYpBL, Cjj, TXgph, qCbS, bzJp, tXvRU, sxC, gpH, HEPySz, cMEkX, uVs, XXC, uxPPF, rLzI, RvzrYt, WHGBlP, rCxNec, xkl, CxviVr, jyD, qZupc, ZUl, NOlOm, vgS, REw, UgQoqw, oHkcug, Zwj, KOY, BUheYy, fbFLPq, jLFe, XWzKc, TLHy, qAwOB, aGe, mElr, kZzmY, nPvStg, ySc, PsO, QdPN, oyf, mrlWKp, gQQoO, pbulo, vgAw, DCQ, vbVe, OPDH, GeupZz, Mzg, eku, krfKs, XwzQ, GhMH, Jop, JxADIL, pSieUE, pFnDI, nljkKC, NJFy, BzrtD, snvz, FSon, DTQYvY, AhbGEx, hPum,