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Barchart
Barchart
Sohini Mondal

How Is Tesla's Stock Performance Compared to Other Consumer Cyclical Stocks?

With a market cap of $1.7 trillion, Tesla, Inc. (TSLA) is a global leader in electric vehicles and sustainable energy solutions. Headquartered in Austin, Texas, the company operates through two primary segments: Automotive, and Energy Generation and Storage.

Companies worth more than $200 billion are generally labeled as “mega-cap” stocks and Tesla fits this criterion perfectly. Tesla designs, manufactures, and sells electric cars, solar products, and energy storage systems to consumers, businesses, and utilities worldwide.

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