Company Of The Day: Tesla
What?
Tesla (NASDAQ:TSLA) delivered a total of 936,172 electric vehicles for 2021, an increase of 87% versus the last year. Deliveries for Q4 grew 71% year-over-year to 308,600 units.
Why?
Tesla is seeing strong demand for its Model Y and Model 3 vehicles. The company is also likely benefiting from the continued ramp-up of its Chinese plant.
So What?
Tesla stock rallied by almost 14% in Monday’s trading following the news.
See Our Complete Analysis For Tesla
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Returns | Jan 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
TSLA Return | 14% | 14% | 1827% |
S&P 500 Return | 0% | 0% | 79% |
Trefis MS Portfolio Return | 0% | 0% | 292% |
[1] Month-to-date and year-to-date as of 1/4/2022
[2] Cumulative total returns since 2018