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Tesla Inc (TSLA)

NASDAQ
Currency in USD
Disclaimer
147.05
-2.88(-1.92%)
Closed
After Hours
146.90-0.15(-0.10%)

TSLA Price Commentary

It's down because the batteries are still a few years off from completion. The market was expecting the batteries to be coming sooner rather than later.
Which is illogical because the improvements were not just range and longevity, but cost and the potential to scale up. It's a massive achievement and all good things take time, which is why it has such a high forward P/E. Key word is forward. The potential for growth has just improved and become far more realistic.
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