Tesla, Inc. (TSLA)

$249.23 0.73 (0.29%)
16:00 EDT TSLA Stock Quote Delayed 30 Minutes

Tesla (TSLA) Stock Dips on UBS Downgrade

Tesla (TSLA) stock is falling on Monday after the EV company's shares were hit with a downgrade from UBS analyst Patrick Hummel.

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Previous Close -
Market Cap 789.94B
PE Ratio 79.37
EPS 3.14
Volume (Avg. Vol.) 110.87M
Day's Range $247.20 - $257.14
52-Week Range $138.80 - $299.29
Dividend & Yield N/A (N/A)

Engineers Martin Eberhard and Marc Tarpenning founded Tesla in 2003 before turning the company over to current CEO Elon Musk. Tesla produced its first electric vehicle (EV), the Roadster, in 2008. Since then, the company has gone on to define the EV industry and reach a market capitalization above $500 billion. Current models include the new Cybertruck, Model S, Model 3, Model X and Model Y. Tesla also has its hands in related efforts like battery development, vehicle charging, solar energy and self-driving technology. Investors often consider Tesla to be a company straddling the line between the automotive and technology industries, given its futuristic pursuits.