Tesla (TSLA) Price Action: Stock Navigates Fluctuations Near $285 Mark
NEW YORK, USA – Tesla Inc (NASDAQ: TSLA) shares were experiencing a relatively subdued afternoon session on April 29th, trading close to the previous day’s levels despite earlier volatility. As of 1:59 pm GMT-4, the electric vehicle manufacturer’s stock stood at 285.56 USD.
This price point reflected a minimal decline of -0.32 USD, or -0.11%, for the day. The stock was trading just shy of its prior closing price of 285.88 USD.
The trading day for Tesla started at 285.50 USD. It witnessed considerable price swings earlier, climbing to a high of 289.30 USD and dropping to a low of 279.47 USD, before stabilizing near the 285.56 level in the afternoon.
Key afternoon metrics for Tesla include:
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Open: 285.50
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Day’s High: 289.30
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Day’s Low: 279.47
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Market Cap: 89.48KCr
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P/E Ratio: 157.17
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Dividend Yield: –
In the context of its annual performance, Tesla’s current price remains significantly higher than its 52-week low of 167.41 USD, although it is still well below the 52-week high of 488.54 USD. Market participants continue to follow TSLA’s activity on the NASDAQ.
