Tsla current stock price with TSLA current stock price sitting

With TSLA current stock price sitting at $199.54, short interest has declined slightly to 3.5% of float, hinting that bearish conviction may be weakening in the short run. Also, we should mention that TSLA has a PEG ratio of 11.55. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Automotive - Domestic industry currently had an average PEG ratio of 2.5 as of yesterday's close. Three major firms have reiterated Sell ratings on Tesla (TSLA) after the company reported strong third-quarter deliveries . Yet, analysts said the rise in numbers was likely driven by a wave of buyers rushing to purchase before the U.S. electric vehicle tax credit expired. TSLA current stock price of $199.54 aligns with historical volatility levels preceding past 8% rallies. Traders are monitoring this zone for confirmation of a technical breakout.