Elon Musk and Tesla ($TSLA) are closing out 2019 with a bang.
Elon's on a roll - even the cave diver who he insulted and tried to sue him for defamation can't seem to ding Teflon Elon - and so is Tesla stock. Still, there is no shortage of analysts that are down on Tesla shares - even as they're hitting all-time highs.
Our first chart tracks both Tesla share price over time, as well as job postings. Job postings are up roughly 125% since the beginning of the second half of 2019; as for Tesla's stock, it's up more than 75% over the same timeframe. It's a solid correlation, which, should it continue, could drive shares to new highs in 2020.
Despire analysts' protestations and his bizarre antics, Musk is practically bulletproof, or at the very least shatterproof - and that would make Musk a bit tougher than his recently-announced, super-tough Cybertruck, which went through an embarrassing product testing mishap on a live stage.
So, perhaps Musk and his manufacturing team will head back to the drawing board to develop a truly shatterproof truck window. Musk has added more staffers to his manufacturing group in 2019 already, in part driven by 97% more postings since the year began. Across Tesla job posting categories, there are a handful of groups seeing more job postings since the year began, like supply chain, as well.
And, ratings are solid, at a steady 4.0 out of 5, according to our Apple Store reviews data (not shown). Happier customers are always good news; happier customers in bulk is the best news. The chart above - which tracks Tesla's Apple (NASDAQ:AAPL) Store ratings count over time - reflects more than 90% in ratings submitted this year alone, a great signal for Tesla investors - and drivers.
About the Data:
Thinknum tracks companies using the information they post online - jobs, social and web traffic, product sales and app ratings - and creates data sets that measure factors like hiring, revenue and foot traffic. Data sets may not be fully comprehensive (they only account for what is available on the web), but they can be used to gauge performance factors like staffing and sales.
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