Written by Emily J. Thompson, Senior Investment Analyst
Source: Fool
Updated: 17 hours ago
0mins
Source: Fool
- Historical Price Review: On December 18, 2020, Tesla’s closing price reached $695, with a nearly 6% increase and over 200 million shares traded, marking one of the busiest trading days in its history and a significant moment for its inclusion in the S&P 500 index.
- Performance Growth Comparison: Despite Tesla’s revenue soaring from $31.5 billion in 2020 to over $100 billion now, and net income rising from $721 million to $3.8 billion, its stock has failed to outperform the S&P 500’s 105% increase during the same period, indicating that market expectations for growth were already priced in at high valuations.
- Investment Return…
