Tesla Stock Price Data Analysis

Examining Tesla Inc. (TSLA) stock price performance and trading activity over a 5-year period.

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Summary of Data Analysis

Dataset

Analysis of a Tesla Inc. (TSLA) historical stock price dataset from NASDAQ Historical Data: https://www.nasdaq.com/market-activity/stocks/tsla/historical

The dataset contains the date, stock open/close prices, stock price daily high/low, and volume of shares traded over the past 5 years as of October 15th, 2021.

Tools

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Insights

• The oldest data point is from 2016-11-07 and the most recent data point is from 2021-09-23.

• The highest Closing Stock Price was $883.09, while the lowest Closing Stock Price was $35.79.

• The highest Opening Stock Price was $891.38, while the lowest Opening Stock Price was $36.22.

• The Highest Stock Price over the past 5 years was $900.40.

• The Lowest Stock Price over the past 5 years was $35.40.

• The Volume of Stocks traded averaged around 45 million with a maximum of around 304 million.

The Tesla Stock Price has increased significantly since 2016. The stock price remained relatively steady until early 2020 when it began to rise drastically. The stock price has increased 776% between the beginning of 2020 and the present. It increased by 720% just in 2020 alone. While the stock price reached its peak around Feb 2021, it has continued its general upward trend. However, during the period of price increase, the Daily stock price would fluctuate significantly compared to its relatively stable price before 2020.

The volume of stocks traded during the last 5 years has generally remained around or been under the average of 45 million, however, there is an increase in volume during the year 2020, which corresponds to the steep increase in stock price. We would typically expect an increase in trading activity like this during a period when the company’s stocks are rapidly rising.