Tesla traded at $429.25 this Friday May 8th, increasing $17.46 or 4.24 percent since the previous trading session. Looking back, over the last four weeks, Tesla gained 24.20 percent. Over the last 12 months, its price rose by 43.92 percent. Looking ahead, we forecast Tesla to be priced at 382.69 by the end of this quarter and at 359.30 in one year, according to Trading Economics global macro models projections and analysts expectations.
Tesla, Inc. designs, develops, manufactures, sells and lease electric vehicles and energy generation and storage systems, and offer services related to its sustainable energy products. The Company's segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of electric vehicles as well as sales of automotive regulatory credits. The energy generation and storage segment include the design, manufacture, installation, sales and leasing of solar energy systems and energy storage products, services related to its products, and sales of solar energy system incentives. Its automotive products include Model 3, Model Y, Model S and Model X. Model 3 is a four-door sedan. Model Y is a sport utility vehicle (SUV) built on the Model 3 platform. Model S is a four-door sedan. Model X is an SUV. The Company's energy storage products include Powerwall, Powerpack and Megapack.