5 Most Searched Stocks on Google

1. Tesla, Inc. (NASDAQ:TSLA)

Average monthly search volume: 9,140,000

With vehicle deliveries soaring to over 1.31 million by the end of 2022, Tesla (NASDAQ:TSLA) has shown consistent growth in the electric vehicle sector. Tesla (NASDAQ:TSLA) reported revenue of $24.9 billion for Q2 2023, with a 46% year-over-year increase. Its non-GAAP earnings per share in Q2 also witnessed a year-over-year increase of 20% at $0.91, reflecting the company’s profitability. The company’s current market capitalization stands at around $769 billion, solidifying Tesla (NASDAQ:TSLA)’s place among the elite companies globally.

In Q2 Earnings Call, Tesla CEO Elon Musk said:

In Q2 we achieved record vehicle production and deliveries, and record revenue of about $25 billion in a single quarter. And Model Y became the bestselling vehicle of any kind globally in Q1, surpassing the likes of Corolla and Golf. So, it was the number one vehicle of any kind, including vehicles that are sold at a far lower price. This is, I think, an incredible achievement by the Tesla team, and just a huge thank you to our customers for their support. And this came in spite of high interest rates and a lot of macro uncertainty. And nonetheless, we managed to achieve operating margin of about 10%. We continue to target 1.8 million vehicle deliveries this year. Although, we expect that Q3 production will be a little bit down because we’ve got summer shutdowns to — for a lot of factory upgrades.

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