Stock market today: Tesla drops by 1% in early trading

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As of 9:36 AM on 26 December 2024, Tesla, Inc. (TSLA) has dropped by 1.09%, now trading at $457.26, down from its previous close of $462.28. The stock’s intraday range has been between $455.60 and $465.33. Tesla’s market cap is $1.469 trillion, with a trading volume of 10.09 million shares. The company’s 52-week price range has fluctuated between $138.80 and $488.54.

Tesla’s P/E ratio stands at 125.37, with an earnings per share (EPS) of 3.65. The beta of 2.30 indicates a relatively higher level of volatility compared to the market. Tesla’s 1-year target estimate is $283.88, signaling a potential decline from the current price. The company is expected to release its earnings between January 24, 2025, and February 3, 2025.

Disclaimer: The information provided is for informational purposes only and should not be construed as financial advice. Stock markets are highly volatile, and past performance is not indicative of future results.

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