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 Tesla stock keeps climbing higher and higher if you're a Tesla stockholder or are considering buying some you're going to want to watch this full video as well as answer all your questions like is this the start of another Bull Run should I sell my Tesla stock or hold out find out in today's video hello everyone you're watching trade daily like And subscribe to get all the latest news on Tesla and Tesla stocks now let's get into the news.well start this off by looking at Tesla's stock

price today a share of Tesla stock is trading at 209 dollars per share up 4.21 at the time of recording in today's first news story Tesla makes more money than Ford and GM combined ten years ago Tesla was just a dwarf in the automotive industry the Ambitions of Elon musk's group to transform the automotive industry into a less polluting sector were met with ridicule Tesla wasn't even producing a vehicle for the masses in contrast the heart of the U.S automobile industry was still beating in

Michigan specifically in Detroit where General Motors is based and in Dearborn the headquarters of Ford General Motors have recovered well from its 2009 bankruptcy and once again dominated the U.S Auto industry for the only member of Detroit's big three not to file for chapter 11 bankruptcy during the 2008 financial crisis was firmly in second place the picture at the end of 2012 was clear GM and Ford had an iron grip on the industry the figures confirmed this consumers flock to their cars General

Motors Revenue was 152.3 billion dollars while Fords was 133.6 billion dollars Tesla earned 12.6 billion dollars in 2022 Tesla which has started production of the model S luxury sedan a few months earlier in June 2012 had reported revenue of 413 million dollars the company was losing money in 2012 Tesla whose headquarters was still in California have recorded a net loss of 396 million dollars on the other hand GM and Ford were highly profitable posting that income of 4.9 billion dollars and 5.7 billion dollars

respectively Ten Years Later the situation is much different the one that 10 years ago was last has become the winner speeding past its two Rivals indeed Tesla's rise has been exceptional the company now markets five vehicles the entry-level model free sedan the model S luxury sedan the model y SUV crossover and the model X luxury SUV crossover and finally the Tesla semi and in a few months a long-awaited and much anticipated vehicle join the list the Cyber truck Tesla's first pickup it

is expected to become the locomotive of Tesla's profits in the coming years once more electric vehicles have established themselves as the future of the automobile GM and Ford and all the other Legacy car makers are now investing billions of dollars to develop EV the goal is to reduce the Gap with Tesla their main target basically Tesla the hunter yesterday has become the hunted today The Changing of the Guard is reflected in the numbers and especially in profitability Tesla has become the most

profitable American Automobile group in 2022 musk's firm earned 12.6 billion dollars its Revenue jumped to 81.5 billion dollars how times have changed must the company boasts profit margins that are the Envy of any car manufacturer the automotive gross margin white into 28.5 percent GM for its part posted net income of 9.9 billion dollars on revenue of 157 billion dollars for the year Ford was in the red last year hosting a net loss of 2 billion dollars on revenue of 158.1 billion dollars the margins of the two former Giants are

thin compared with their disruptor Tesla Ford has an adjusted margin before interest in taxes of 6.6 percent while GM says its adjusted ebbit margin in North America was 10.1 percent in 2022. their costs are huge compared to those of Tesla Ford's total costs Rose 15 last year while GM Rose 24.4 percent Tesla's operating expenses edged up 1.6 percent this big shift in the top tier of the U.S Auto industry was observed by the investor Charlie bylow on Twitter on Feb 6. he posted a chart showing Tesla's

rise compared to GM and Ford two days later musk used it to indicate that Tesla was now America's Premier Auto Center Tesla ink shares extended their Breakneck rally on Thursday to double from the lows touched in early January helped by a rising appetite for growth and technology stocks and signs that demand for its electric vehicles is rebounding the shares jumped as much as 6.3 percent to 214 dollars in New York capping a 110 gain from their Jan 6 intraday trough the shares are bouncing off a 65 percent Plunge in 2022 risk

here growth stocks which were beaten down hard last year amid concerns about Rising interest rates and a recession have made a strong comeback in 2023 as optimism about the economy has returned and investors that the federal reserve's aggressive rate hike cycle is nearing its end at the same time Tesla's own earnings last month and a Spate of positive headlines on tax credits for electric vehicles have provided further lift to the shares of the Elon musk-like company Tesla is rising so fast because of a

market that believes the FED is coming to the rescue of said Eric Schiffer Chief Executive Officer of Los angeles-based private Equity Firm patriarch organization good fourth quarter results and price cuts to turbocharged demand also helped he said early in February the Biden Administration said it will expand the newly revamped Electric Vehicle tax credit to allow SUV costing up to eighty thousand dollars to receive those credits that move is a positive for Tesla analysts said separately the company has seen a surge in demand for

its cars after January's big price cut allowing it to Institute a slight price hike still Tesla's gains of 71 percent this year far outpaced those of the NASDAQ 100 index which is up 15 percent as well as that of the NYSE fan plus index which has advanced 30 in 2023 a frenzy of speculative trading in recent weeks that has seen retail Traders rush into some of their favorite stocks can explain some of that exuberance given Tesla's popularity among individual shareholders Tesla has definitely been the main

target of retail buying so far this year said Marco aichini senior vice president of research and vanish Securities while retail investors buying the stock is not unusual given Tesla is an ultimate retail favorite aichini said the persistence and magnitude of the flows are surprising given that Tesla's sharp decline over the past year brought significant pain to Mom and Pop Traders the recent Hunger for the stock could be due to a desire to chase it higher and make up for losses aichini said just this week Tesla

alone attracted a 33 share of overall net purchases across all U.S Securities according to Vanda the heavy retail flows into the stock are coming ahead of the company's investor day on March 1 or musk is expected to unveil a third version of his master plan bana analysts noted despite January's gravity-defying rally the evmaker shares are still down about 48 percent from the all-time high of 409.97 touched in early November 2021 and while some investors say that the worst could be over for Tesla others

Advocate caution especially with the risk of a recession still hovering in the EV industry's brisk pace of growth expected to slow in the near term meanwhile skepticism about the company's newest model the semi-heavy duty truck are continuing to linger the stock is now trading just above the average analyst price Target Track by Bloomer suggesting Wall Street doesn't see much more upside meanwhile Tesla's relative strength index a technical gauge that measures whether a stock is

under or overbought shows signs of excessive buying typically seen by markets as an indication that a decline is imminent Tesla shares can continue to rise until the end of the first quarter or early second quarter when signs of a potential hard Landing May again slash valuation patriarchy Schiffer said Tesla's shares may have had a rough 2022 but the stock continued its March higher in 2023 today so far this year Tesla has rocketed higher by more than 70 percent the shares Rose another 6.3 percent this

morning before pairing some of that game as of 1 pm at Tesla was still trading Higher by 5.4 percent today's move comes after CEO Elon Musk announced this week that the company will hold its investor day on March 1 where the company will reveal Tesla's master plan 3 presenting the path to a fully sustainable energy future for Earth the national Transportation safety board also said today that the company's Advanced Driver assistance features were not involved in a fatal Collision of a

Model S in Texas in April 2021. at the time of the crash there was speculation that Tesla's autopilot feature may have been engaged since neither of the two occupants was in the driver's seat after the crash however the investigation revealed the driver must have been thrown into the back seat as a result of the crash excessive speed was determined to be the cause of the accident those news items don't explain why Tesla's shares have rocketed higher this year of course the bounce after a losing

2022 has come as investors have come to believe the company has a sound strategy to hold on to its dominant market share in the electric car market a series of product price drops had many wondering whether demand for its products was waning as competition increased but Tesla has now begun to increase some prices again just as Lucid group announced it is offering new credits to customers of some versions of its luxury electric sedans that directly compete with Tesla's Model S while the business seems to be back on

track investors will look forward to hearing what Elon Musk envisions for Tesla's future in a few weeks expectations are for updates related to a low-priced mass-market model in the direction the company's energy segment may be heading some investors are getting into the stock ahead of the upcoming investor update and with that ladies and gentlemen we've come to the end of the news like And subscribe to stay up to date with all the Tesla news but just before we go I'd like to remind you that this video

is from news and entertainment only and should not be used as investment advice