Tesla Stock Sees Significant Dip: TSLA Price Action Today
Tesla Inc. (NASDAQ: TSLA) shares experienced a noticeable decline during trading on April 30th. As of 1:36 pm GMT-4, the prominent electric vehicle manufacturer’s stock was trading at 279.65 USD.
This price reflects a significant drop of 12.38 USD, translating to a 4.24 percent decrease for the day compared to its previous close. The stock began the trading session at 279.90 USD, already below the prior day’s closing price of 292.03 USD.
Intraday trading showed considerable movement. While the stock reached a high point of 281.43 USD, it also touched a low of 270.78 USD earlier in the session. The chart indicates a sharp drop near the market open, followed by fluctuations throughout the morning and early afternoon.
Looking at the broader context, Tesla’s market capitalization is listed at 87.58KCr (which typically translates to approximately 875.8 billion USD, although the notation varies). The company currently holds a high price-to-earnings (P/E) ratio of 153.92. Investors should note that Tesla does not provide a dividend yield. The current stock price falls within the 52-week range, which has seen a low of 167.41 USD and a high of 488.54 USD.
