Tesla's stock price is the current market price at which one share of Tesla's stock is trading.
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Question:
Tesla's stock price is the current market price at which one share of Tesla's stock is trading. In this case, the text states that, as of the date mentioned (December 31, 2022), Tesla's stock was trading at $250.22 per share. Tesla had a P/E ratio of 64.24 as of December 31, 2022. The gross profit margin for Tesla in 2022 was 24.5%, while the free cash flow was $8.502 billion 56. As of December 31, 2022, Tesla's current ratio was 6.31, and its debt-to-assets ratio was 0.04 789.
Analyse using the above information as to whether TESLA is financially strong (or not). Feel free to mention other considerations that are not just financial in nature.
Related Book For
Advanced Financial Accounting
ISBN: 978-0137030385
6th edition
Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay
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