Tesla Investors Happy!

  Tesla Investors Happy! Some private stocks, on the other hand, performed much better, yielding returns that could even change the lives of their Investors. The stock market jumped nearly double to its highest levels in five years in the quarter ending in mid-June 2021. Despite some big dips, it's been a great journey for investors who have been in the market since 2016.

Tesla (NASDAQ:TSLA) Leads These Special Stocks!

Also Tesla has been dominating the market for the past few years, so let's take a look at how it does it.

Tesla's Big Business

Five years ago, Tesla TSLA (NASDAQ) $620,83 -2,48 (-%0,40) was putting the finishing touches on Model 3, its first major step into the global electric vehicle market. Investors were faced with questions that were difficult to answer at the time, whether the company could produce high volumes of quality cars, whether they could serve efficiently, and a functioning charging infrastructure system.

Some private stocks, on the other hand, performed much better, yielding returns that could even change the lives of their Investors.

Today, however, many of these concerns are absent, and it would not be an exaggeration to say that Tesla made a mess of the process. Delivering 500,000 vehicles in 2020, Tesla now generates over $30 billion in revenue, compared to $11,8 billion in annual revenue in 2017. Today, a Tesla investment still promises significant volatility, with its high valuation and CEO Elon Musk's unorthodox approach to capital allocation. Most Tesla shareholders are delighted to watch the company dominate the vast auto and home electronics markets, as well as build a massive global sales base while also grappling with the waves.  

Source: The Motley Fool

 

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