Page 6 - மோட்டார்கள் வரையறுக்கப்பட்டவை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

This story originally appeared on StockNews The electric car juggernaut Tesla, Inc. ( Get Rating) completed  2020 by delivering robust performance in the face of unforeseen global challenges by rapidly expanding its manufacturing capabilities. However, the stock has lost 7.5% over the past month. It has been  struggling to keep pace with its strong competitors who are making deeper forays into the electric vehicle (EV) space, while trading at relatively lower valuations. TSLA missed earnings estimates in the last reported quarter. Its adjusted earnings per share for the fourth quarter 2020 came in at $0.80, falling short of the consensus estimate by 22.3%. This, along with its stretched valuation, could result in further price decline for the stock in the near term.

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