"Shares of Tesla Inc. ( NASDAQ: TSLA) are trading 5.9% lower than a week ago, after a $1 trillion compensation plan for CEO Elon Musk was proposed. The share price is 61.9% higher than six months ago, outperforming the S&P 500 in that time. Tesla stock has gained 59.1% over the past year, so plenty of investors are still drawn to the EV market leader,"
"Regardless, investors are more concerned with the stock's future performance over the next one, five, and 10 years. While most Wall Street analysts will calculate 12-month forward projections, it is clear that nobody has a consistent crystal ball, and plenty of unforeseen circumstances can render even near-term projections irrelevant. 24/7 Wall St. aims to present some farther-looking insights based on Tesla's own numbers, along with business and market development information that may be of help to our readers' own research."
"Tesla's Recent Success Tesla has managed to thrive, boosting earnings and revenue even in high-interest-rate environments. Tesla's Model S was the best-selling plug-in electric car in both 2015 and 2016. The mass-market Model 3 sedan followed, becoming the best-selling electric car from 2018 to 2021. The Model Y, a mass-market SUV version of the Model 3, debuted in 2019, with deliveries beginning in 2020. Since then, Tesla stock has experienced incredible growth."
Shares of Tesla recently fell 5.9% from a week earlier but remain 61.9% higher than six months ago and up 59.1% over the past year. The company has delivered a 20,900% gain since its 2010 IPO. Investors focus on one-, five-, and 10-year performance horizons while most analysts publish 12-month projections. Tesla boosted earnings and revenue despite high interest rates. The Model S, Model 3, and Model Y led global EV sales across multiple years. Energy storage and charging-network businesses contributed to revenue growth. Management has cut manufacturing costs and expanded margins, producing strong revenue and net-income gains since 2020.
Read at 24/7 Wall St.
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