Tesla Yahoo Finance

 

Tesla Yahoo Finance
Tesla Yahoo Finance

Tesla Yahoo Finance

Previous Close

639.30

Open

640.30

Bid

648.30 x 1100

Ask

648.97 x 800

Day’s Range

639.60 – 662.91

52 Week Range

608.88 – 1,243.49

Volume

30,880,590

Avg. Volume

28,695,063

 

 

Market Cap

673.697B

Beta (5Y Monthly)

2.13

PE Ratio (TTM)

87.88

EPS (TTM)

7.40

Earnings Date

Jul 25, 2022 – Jul 29, 2022

Forward Dividend & Yield

N/A (N/A)

Ex-Dividend Date

N/A

1y Target Est

908.47

 

Can you picture residing in an area without even a single Tesla (TSLA)? Test drive a vehicle from Tesla Inc. It can seem like a bygone era given how well-known they have become since Elon Musk established the business in 2003.

However, as Reuters first reported, one county in northern China will make it a reality this summer.

For the next two months, no Tesla vehicles are allowed to pass through the Beidaihe neighbourhood. The 74 million-person Hebei province in northern China, which borders the Bohai Sea, has a beach resort.

Why Is Tesla Use Illegal Here?

Instead of preserving a peaceful, car-free coast, the ban was implemented to facilitate an annual, ultra-secret summit of top Chinese officials in Beidaihe.

The event is typically cloaked in mystery, especially to outside spectators. The exact dates of the summit are never made public, and some coverage of it is always released after it has already occurred.

According to journalist William Zheng for the South China Post in 2020, the most watched unofficial event in the country's political calendar has evolved into a time for the most powerful individuals to network, logroll, and talk with one another. It was supposedly [China's top leaders] annual journey to relax on the famed northern resort town's expansive beaches, but it has since evolved into an event.

The enforcement of the Tesla ban, according to a member of the Beidaihe Traffic Police Brigade, was caused by "national matters."

The reason why Tesla was picked out for criticism rather than other imported cars was not further explained, and Tesla, which dismantled its PR section, declined to comment.


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