The company I selected is Tesla Inc. Tesla Inc is a company founded
on July 1st, 2003 in Delaware by Elon Musk. The original name was
Tesla Motors Inc. It changed to Tesla Inc on Feb 2nd, 2017. The main
income for Tesla Inc is revenue from automobiles. Tesla is leading in
the new technology revolution in the automobile industry. The stock
ticker is TSLA. The current stock price is 733.63 USD. I was about
1000 USD per share in the early of this year. After the CEO of Tesla.
Elon Musk bought twitter, the stock price is going down.
One important thing on the balance sheet is inventories. This is very
important for a company like Tesla. Because the company's income
has a strong relationship with the company's inventory. The higher
inventories means Tesla has more inventory in the hand. Tesla is
trying to sell more automobiles to the market. It will have more
revenue in the future. The value for the company will increase.
Reference
Mergent. (2021). Tesla Inc Retrieved July 2, 2022,
from https://www-mergentonline-com.ezproxy.snhu.edu/companyd
etail.php?compnumber=129614
