RudyAsh

 10 Jan 24

tl;dr

Tesla (TSLA) has recently unveiled the revamped edition of its Model 3 sedan in North America, maintaining existing price points. The company has excluded the "performance" variant, now only featuring the rear-wheel-drive and long-range variants. The rear-wheel-drive variant is priced at $38,990, wh...

Tesla (TSLA) has recently unveiled the revamped edition of its Model 3 sedan in North America, maintaining existing price points. The company has excluded the "performance" variant, now only featuring the rear-wheel-drive and long-range variants. The rear-wheel-drive variant is priced at $38,990, while the long-range variant costs $45,990. Additionally, the long-range variant has been improved to have a range of 341 miles, up from the previous 333 miles. Notable enhancements in the refreshed versions include a rear display for backseat passengers, the introduction of two new colors, "Stealth Grey and Ultra Red," and a new wheel design. It's worth noting that the Model 3 rear-wheel-drive and long-range vehicles lost eligibility for the $7,500 federal tax credit following new guidance under the U.S. Inflation Reduction Act. Tesla recently announced a record-breaking delivery of electric vehicles in Q4, surpassing market predictions and reaching its 2023 target, although it lost its position as the top electric car maker in terms of sales to China's BYD.

More about Tesla Inc

Key financial metrics for Tesla Inc. include a market capitalization of $746.92 billion, a stock price of $75.79, and a price-to-earnings ratio of 3.1. The company also reported a revenue of $95.92 billion and a net income of $229.11 million. Tesla's market sentiment appears to be mixed, with a slight decrease in stock price and a negative price-to-earnings ratio. However, the company's high market capitalization and revenue indicate strong investor interest and potential for growth in the electric vehicle and clean energy sectors.

Disclaimer: The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 19 Sep 24
 19 Sep 24
 19 Sep 24