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Published 2 years ago

Tesla Reported Record Profits. Its Stock Was Punished. It’s a Better Buy Than GM or Ford.

Summary by Ground News

Tesla's shares got hammered this past week after the company reported better-than-expected fourth-quarter earnings Wednesday evening. The reaction to record profits and an earnings beat left investors as well as analysts dazed and confused. Tesla (ticker: TSLA)... An error has occurred, please try again later.

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Tesla Reported Record Profits. Its Stock Was Punished. It’s a Better Buy Than GM or Ford.

Tesla’s price/earnings multiple is down about 23% from recent averages, as estimates have gone up while the stock price has gone down.

2 years ago·New York, United States

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