Stock market news: Tesla declines 2% in midday trading

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As of 12:12:55 PM EST on Monday, 30 December 2024, Tesla, Inc. (TSLA) is trading at $422.35, showing a decrease of -9.31 or -2.16% from its previous close of $431.66. The stock has fluctuated between $415.75 and $427.00 today, with the current bid at $421.60 x 100 and the ask at $423.57 x 100.

Key Statistics for Tesla, Inc. (TSLA)

  • Current Price: $422.35
  • Previous Close: $431.66
  • Price Change: -9.31 (-2.16%)
  • Open Price: $419.20
  • Volume: 37,860,816
  • Average Volume: 92,967,509
  • Market Cap: $1.356 trillion
  • 52-Week Range: $138.80 – $488.54
  • PE Ratio (TTM): 115.13
  • EPS (TTM): 3.67
  • Beta (5Y Monthly): 2.30
  • 1-Year Target Estimate: $283.88
  • Earnings Date: January 24, 2025 – February 3, 2025

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Tesla has seen a 2.16% drop today, with its stock currently priced at $422.35. The stock remains well within its 52-week range of $138.80 to $488.54, showing its usual market volatility. Despite the decline, Tesla retains a market capitalization of $1.356 trillion.

The company’s PE ratio is currently 115.13, and its EPS stands at 3.67. Tesla’s beta value of 2.30 indicates its price is more volatile than the broader market. Investors should note that Tesla is expected to report earnings between January 24 and February 3, 2025, with a 1-year target estimate of $283.88.

Disclaimer: The information provided is for informational purposes only and should not be construed as financial advice.