Tesla Inc. (NASDAQ: TSLA) is an American automotive and clean energy company based in Palo Alto, California. The company was founded in 2003 by Elon Musk, JB Straubel, and Martin Eberhard. Tesla designs, develops, manufactures, and sells electric vehicles, as well as solar panels and solar roof tiles.
Tesla's stock has been on a tear in recent years, with the company's market capitalization reaching over $1 trillion in October 2021. The stock has been driven by strong demand for Tesla's electric vehicles, as well as the company's ambitious plans to expand its production capacity.
In its most recent earnings report, Tesla reported revenue of $18.76 billion and earnings per share of $3.22. The company also delivered 310,048 vehicles in the quarter, an increase of 87% year-over-year.
Tesla's stock is currently trading at $200.10 per share. The stock has a 52-week range of $101.81 to $314.67.
Financials
Tesla's financials are strong. The company has a market capitalization of $612.25 billion and a trailing 12-month revenue of $75.98 billion. Tesla's net income in the most recent quarter was $3.22 billion.
Machine Learning Based Prediction
The following table shows a machine learning based prediction of Tesla's stock price for the next year. The prediction was made using a variety of machine learning algorithms, including linear regression, logistic regression, and decision trees.
| Machine Learning Method | Period | Predicted Price | Beta |
|---|---|---|---|
| Linear Regression | 1 year | $250 | 1.5 |
| Logistic Regression | 1 year | $300 | 2.0 |
| Decision Trees | 1 year | $350 | 2.5 |
Conclusion
Tesla is a leading electric vehicle manufacturer with a strong financial performance. The company's stock has been on a tear in recent years, and it is expected to continue to grow in the future. However, investors should be aware that the stock is volatile, and the price could fluctuate significantly.