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Barchart
Barchart
Aditya Sarawgi

Is Tesla Stock Outperforming the S&P 500?

Tesla Inc. GM

Valued at a market cap of $1.2 trillion, Tesla, Inc. (TSLA) designs, develops, manufactures, sells, and leases high-performance fully electric vehicles and energy generation and storage systems. The Austin, Texas-based company operates through Automotive and Energy Generation and Storage segments.

Companies worth $200 billion or more are generally described as “mega-cap stocks”, and Tesla fits this criterion perfectly. Tesla offers a range of innovative products, including luxury electric vehicles such as the Model S, Model X, and Model Y. The company distinguishes itself through its direct-to-consumer sales model and position as a cutting-edge energy solutions provider.

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