No automaker has matched Tesla’s R&D since its inception in research and development. However, an analysis from StockApps.com shows Tesla’s expenditure on R&D per vehicle has reduced. Tesla spent the lowest amount of $2131 per car in R&D in Q3 2022. Speaking on the data, Edith Reads, StockApps analyst, said. “Tesla was big on research and development … Read more
Tesla’s Model Y was the fastest-selling used car in America in June 2022. That’s per a StockApps.com analysis. The site presented data indicating that the vehicle took an average of 24.9 days to sell. Model Y’s selling time was less than half the 52.1 days it takes to sell a pre-owned car on average. Model … Read more
Available data shows Tesla has been growing its presence in three of its key markets, North America, Europe, and China. According to a StockApps analysis, it grew its U.S market share from 1.2 percent in Q1 2020 to 2.7 percent in Q1 2022. That’s a 125 percent jump in its American foothold in the last … Read more
Using a stock’s price-to-earnings (P/E) ratio is one of the quickest ways to learn whether a company is overvalued or undervalued. If a company’s stock is undervalued, it may be a good investment based on the current price. If it is overvalued, then investor should consider whether the company’s growth prospects justify the stock price. … Read more
Tesla Sold More Than 430K Electric Vehicles From 2018-2021 – 74% Share of US EV Market Tesla vehicles have dominated the US electric vehicle market over the last three years. According to data presented by TradingPlatforms.com, Tesla electric vehicles (EV) hold a combined 74% share of the US electric vehicle market – combined unit sales … Read more
Tesla Model S, the first fully electric sedan, is an evolution in automotive engineering. Combining performance, safety, and efficiency, it has reset the world’s expectations for the car of the 21st century with the highest possible safety ratings, the longest range of any electric vehicle, and over-the-air software updates that continuously make it better. Tesla … Read more