Company Of The Day: Tesla

+61.70%
Upside
682
Market
1102
Trefis
TSLA: Tesla logo
TSLA
Tesla

What?

Tesla (NASDAQ:TSLA) has received environmental approval from German authorities, paving the way for it to start commercial production at its new factory near Berlin, after months of delays.

So What?

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The Berlin plant is likely to have an annual production capacity of 500,000 electric vehicles and about 50 gigawatt-hours of battery capacity. The plant will help Tesla better cater to European EV and renewables demand, at a time when countries are looking to reduce dependence on Russian oil and gas.

See Our Complete Analysis For Tesla

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

Returns Mar 2022
MTD [1]
2022
YTD [1]
2017-22
Total [2]
 TSLA Return -4% -21% 1861%
 S&P 500 Return -1% -9% 93%
 Trefis MS Portfolio Return -2% -12% 245%

[1] Month-to-date and year-to-date as of 3/7/2022
[2] Cumulative total returns since the end of 2016

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