Every Tesla Investor Should Keep an Eye on These 2 Numbers
Tesla (NASDAQ: TSLA) has long been a volatile stock, but it's also become a very controversial name in recent months. Shares trade at a pricey valuation with a market cap of roughly $1 trillion, fueled by the promise of greater electric vehicle sales and a potential new robotaxi business. Yet sales growth for the company is struggling across many key geographies with CEO Elon Musk often making headlines for all the wrong reasons.If you're monitoring Tesla stock, here are two numbers you need to be tracking.A recent bill backed by President Donald Trump proposes eliminating tax credits for electric vehicles. These tax credits range from $4,000 to $7,500 for qualified vehicles. Right now, more than 90% of Tesla's sales come from just two models: The Model 3 and Model Y. Both qualify for federal tax credits, making them much more affordable for buyers. Surveys show that more than one-third of Tesla buyers wouldn't have purchased their vehicle without a tax credit. Continue reading
Tesla (NASDAQ: TSLA) has long been a volatile stock, but it's also become a very controversial name in recent months. Shares trade at a pricey valuation with a market cap of roughly $1 trillion, fueled by the promise of greater electric vehicle sales and a potential new robotaxi business. Yet sales growth for the company is struggling across many key geographies with CEO Elon Musk often making headlines for all the wrong reasons.
If you're monitoring Tesla stock, here are two numbers you need to be tracking.
A recent bill backed by President Donald Trump proposes eliminating tax credits for electric vehicles. These tax credits range from $4,000 to $7,500 for qualified vehicles. Right now, more than 90% of Tesla's sales come from just two models: The Model 3 and Model Y. Both qualify for federal tax credits, making them much more affordable for buyers. Surveys show that more than one-third of Tesla buyers wouldn't have purchased their vehicle without a tax credit.
