Stock market news: Tesla stock’s weekly review

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After closing at $410.44 on January 3 , 2025, here’s a detailed review of Tesla’s performance during this period:

  1. Price Movement:
    • Tesla’s stock dropped by -8.49% over the past five days, with a decrease of $38.06 from its previous week’s price.
    • At close, Tesla was up by +8.22%, increasing $31.16 from the opening price, which shows a strong recovery after the initial downturn.
  2. After-Hours Activity:
    • After the regular trading session, the stock showed an additional +0.59% increase, reaching $412.86, which suggests that positive sentiment continued even after market hours.
  3. Volume:
    • Tesla’s trading volume for the day was 93,808,487 shares, slightly above its average volume of 92,934,400 shares, indicating healthy market activity and strong investor participation.
  4. 52-Week Range:
    • Tesla’s stock price has fluctuated between $138.80 and $488.54 over the last year, and the current price of $410.44 is closer to the upper end of this range, reflecting positive performance compared to the 52-week low.
  5. Market Cap:
    • Tesla’s market capitalization stands at $1.318 trillion, making it one of the largest companies in the market, despite the recent decline in stock price.
  6. Valuation and Earnings:
    • The P/E ratio is high at 112.45, suggesting that investors are willing to pay a premium for Tesla’s earnings, reflecting expectations of future growth.
    • The EPS (Earnings Per Share) is $3.65 (TTM), a metric that indicates profitability.
  7. Earnings and Target Price:
    • Tesla is expected to report its earnings on January 29, 2025. Analysts have set a 1-year target estimate of $288.09, suggesting potential downside risk from the current price levels.

Disclaimer: The information presented in this review is for informational purposes only. It does not constitute financial advice or a recommendation for any investment.

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