As of November 16, 2024, Tesla Inc. (TSLA) is trading at $320.72 per share, reflecting a slight increase of $9.57 (approximately 3.08%) from the previous close. During the trading day, the stock reached a high of $324.62 and a low of $302.77.
Over the past year, Tesla’s stock has experienced significant volatility, with a 52-week high of $358.64 and a low of $138.80. This fluctuation underscores the dynamic nature of the electric vehicle (EV) market and Tesla’s pivotal role within it.
In recent months, Tesla has reported record vehicle deliveries, particularly in key markets such as the U.S., China, and Europe. The introduction of new models and advancements in autonomous driving technology have contributed to this growth. However, the company has also faced challenges, including increased competition from traditional automakers expanding their EV offerings and rising production costs due to inflation and higher raw material prices.
Analysts remain divided on Tesla’s future stock performance. Some predict continued growth driven by innovation and market expansion, while others express caution due to competitive pressures and economic uncertainties.
Investors are advised to monitor Tesla’s financial reports, industry trends, and broader economic indicators to make informed decisions regarding their investments in the company.