Tesla’s net losses had begun to accelerate in 2014 and between 2014 and 2020, Tesla’s losses ranged from minimum of 294 million U.S. dollars in 2014 to maximum of 2.241 billion U.S. dollars in 2017. However, Tesla turned a full-year profit for the first time on record in 2020. Net income of 862 million U.S. dollars in 2020. In addition, as of December 2021, Tesla’s market cap had exceeded $1 Trillion, which makes Tesla the world's 6th most valuable company by market cap. (Check the table of the changes of Tesla market cap and stock prices, appendix 1). Comment and make an argument of how a company that was realizing losses till 2019 has turned to be what it is today explaining from your point of view what are the factors that made this change and whether Tesla is really worth this value or not!
Tesla’s net losses had begun to accelerate in 2014 and between 2014 and 2020, Tesla’s losses ranged from minimum of 294 million U.S. dollars in 2014 to maximum of 2.241 billion U.S. dollars in 2017. However, Tesla turned a full-year profit for the first time on record in 2020. Net income of 862 million U.S. dollars in 2020. In addition, as of December 2021, Tesla’s market cap had exceeded $1 Trillion, which makes Tesla the world's 6th most valuable company by market cap. (Check the table of the changes of Tesla market cap and stock prices, appendix 1). Comment and make an argument of how a company that was realizing losses till 2019 has turned to be what it is today explaining from your point of view what are the factors that made this change and whether Tesla is really worth this value or not!
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Tesla’s net losses had begun to accelerate in 2014 and between 2014 and 2020, Tesla’s losses ranged from minimum of 294 million U.S. dollars in 2014 to maximum of 2.241 billion U.S. dollars in 2017. However, Tesla turned a full-year profit for the first time on record in 2020. Net income of 862 million U.S. dollars in 2020. In addition, as of December 2021, Tesla’s market cap had exceeded $1 Trillion, which makes Tesla the world's 6th most valuable company by market cap. (Check the table of the changes of Tesla market cap and stock prices, appendix 1). Comment and make an argument of how a company that was realizing losses till 2019 has turned to be what it is today explaining from your point of view what are the factors that made this change and whether Tesla is really worth this value or not!
Transcribed Image Text:Appendix (1)
Changes of Tesla Market Cap and Stock Prices
Stock Prices
Year
Market Cap
Change
As of
31/12/20XX
$958.51 (As of
2021
$1.071 T
60.19%
30 Sept 2021)
2020
$668.90B
783.42%
$667.93
2019
$75.71B
31.82%
$104.80
2018
$57.44B
9.77%
$55.97
2017
$52.32B
52.01%
$53.23
2016
$34.42B
9.13%
$55.66
2015
$31.54B
12.84%
$45.95
2014
$27.95B
50.97%
$37.75
2013
$18.51B
378.65%
$41.69
2012
$3.86B
29.87%
$7.58
2011
$2.97B
17.86%
$7.45
2010
$2.52B
$5.55
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