Tesla Profits Fall 44% as Shares Rise on Merger Speculation

Tesla's profits fell 44%, while its shares rose on merger speculation, according to Daily Beirut. An analysis in The Motley Fool says the stock no longer moves in line with its results in the automotive sector because of its current valuation.

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• Tesla's profits fell 44% in the period covered by the reports.

  «تراجع أرباح تسلا 44% وارتفاع أسهمها مع تكهنات الاندماج»

  Daily Beirut
• According to the analysis, Tesla's stock no longer trades in line with its results in the automotive sector at its current valuation level.

  «Tesla stock isn't trading on its automotive results anymore, though.»

  The Motley Fool
• With a market capitalization of $1.5 trillion, Tesla's price-to-earnings (P/E) ratio is high.

  «Tesla's $1.5 trillion market cap puts its price-to-earnings (P/E) ratio in the»

  The Motley Fool

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