Company Of The Day: Tesla

+32.83%
Upside
157
Market
209
Trefis
TSLA: Tesla logo
TSLA
Tesla

What?

Tesla (NASDAQ:TSLA) is reportedly accelerating its delivery plans for its upcoming high-performance Model S Plaid vehicles, per a report from Electrek. While Tesla was previously looking at an August to September delivery timeline, the company is now looking at a June timeline.

So What?

Relevant Articles
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  3. Down Almost 20% This Year, Is Tesla Stock Good Value?
  4. Down 9% Year-To Date, Will A Q4 Earnings Beat Drive Tesla Stock Higher?
  5. With Delivery Growth Cooling, Is Tesla Stock Still A Buy At $250?
  6. Following A Lackluster Cybertruck Debut, Is Tesla Stock Overvalued At $240?

Tesla intends to hold a Model S Plaid event on June 3 to promote the vehicle. The model is likely to be a high-margin product for Tesla, and if it is well received, this might prove positive for Tesla stock, which remains down by 30% from its January highs.

See Our Complete Analysis For Tesla

While we think Tesla stock looks overvalued, it is helpful to know how its peers stack up. Tesla Stock Comparison With Peers summarizes how TSLA compares against peers on metrics that matter. You can find more useful comparisons on Peer Comparisons.

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