Tesla Inc. shares are trading 5.3% higher than last week, but 4.7% lower than six months ago, even as they have gained 63.3% over the past year. Tesla's growth since its IPO has been remarkable, with a 21,260% increase in share price. The company has performed well, boosting earnings despite high-interest rates by improving manufacturing margins and expanding its product line. The Model S, Model 3, and Model Y have all been top sellers, contributing to revenue growth alongside its energy storage and charging station business.
Tesla has managed to thrive, boosting earnings and revenue even in high-interest-rate environments. Tesla's Model S was the best-selling plug-in electric car in both 2015 and 2016.
Tesla stock has gained 63.3% over the past year, demonstrating significant investor interest despite a 4.7% decline compared to six months ago.
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