Tesla Inc (NASDAQ: TSLA) Drops -99.62% From Highs, What Happens Next?

Tesla Inc (NASDAQ:TSLA)’s traded shares stood at 94.28 million during the last session, with the company’s beta value hitting 2.46. At the close of trading, the stock’s price was $149.93, to imply a decrease of -3.55% or -$5.52 in intraday trading. The TSLA share’s 52-week high remains $299.29, putting it -99.62% down since that peak but still an impressive -1.63% since price per share fell to its 52-week low of $152.37. The company has a valuation of $477.50B, with an average of 101.60 million shares over the past 3 months.

Tesla Inc (NASDAQ:TSLA) trade information

After registering a -3.55% downside in the last session, Tesla Inc (TSLA) has traded red over the past five days. The stock hit a weekly high of 173.81, dropping -3.55% in its intraday price action. The 5-day price performance for the stock is -14.13%, and -12.49% over 30 days. With these gigs, the year-to-date price performance is -39.66%.

Tesla Inc (TSLA) estimates and forecasts

Looking at statistics comparing Tesla Inc share performance against respective industry, we note that the company has underperformed competitors. Tesla Inc (TSLA) shares are -41.17% down over the last 6 months, with its year-to-date growth rate lower than industry average at -18.91% against 11.00%.

TSLA Dividends

Tesla Inc has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Tesla Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.