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TSLA

Tesla NasdaqGS:TSLA Stock Report

Last Price

US$282.94

Market Cap

US$886.6b

7D

-8.4%

1Y

9.2%

Updated

27 Sep, 2022

Data

Company Financials +
TSLA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance6/6
Financial Health6/6
Dividends0/6

TSLA Stock Overview

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally.

Tesla Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tesla
Historical stock prices
Current Share PriceUS$282.94
52 Week HighUS$414.50
52 Week LowUS$206.86
Beta2.19
1 Month Change-1.79%
3 Month Change23.83%
1 Year Change9.17%
3 Year Change1,634.48%
5 Year Change1,119.08%
Change since IPO17,665.18%

Recent News & Updates

Sep 27

Shorting Tesla: Bridging The Lofty Valuation To Economics

Summary Despite Tesla's recent declines, it continues to outperform by sustaining gains of more than 20% QTD while the broader market approaches mid-June lows. Yet, rising interest rates and persistent inflationary pressures threaten to erode the valuation premium attributed to the stock. The following analysis will visit the composition of Tesla's valuation from an economics point of view and explain why a near-term downward adjustment is imminent. Markets dropped another leg lower over past weeks after strong CPI data and another jumbo rate hike pushed prices towards the June troughs. While the Tesla (TSLA) stock has not been spared and followed suit with recent market declines, It continues to trade as one of the most expensive companies in the market, let alone the broader auto peer group. The large valuation premium attributed to Tesla is largely due to optimistic market expectations for both its long-term growth trajectory, as well as anticipation for generous returns on capital stemming from its persistent dominance in the burgeoning electric vehicle ("EV") market, as well as high profile innovative projects that promise high-margin recurring revenue streams (e.g. software subscription sales, robotaxi fleet, etc.). Yet, with rising costs of capital amid tightening monetary policies, and compressing returns on capital due to near-term input cost pressures, we believe the Tesla stock faces an inevitable fate of falling another leg lower in tandem with broader market declines until macro tightening risks peak. Although the stock has been largely more resilient compared to peers in the recent selloff, the lofty valuation it continues to enjoy is, in our opinion, becoming increasingly at risk due to mechanics of valuation theory that will likely kick-in to propel a downtrend over coming months. Understanding the Composition of Tesla's Valuation General valuation theory deems a firm value is largely composed of two components - a "steady-state value" representing a company's valuation in the event that earnings are sustained in perpetuity, and "future value creation" representing a premium for expectations of incremental growth. In the case of Tesla, much of its lofty valuation is sustained by the generous premium pertaining to future value creation in which the market has rewarded the stock. And this is not without reason - Tesla is considered one of the most prominent disruptors of our generation in upending norms of legacy automaking. Although Tesla was not the first ever to build EVs, it has definitely pioneered the electrification of the passenger vehicle market and spearheading the global transportation sector's transition to electric. The company has also done a tremendous job in scaling productions as one of the most efficient manufacturers in the auto industry, which is further corroborated by its industry-leading margins, though its volumes are not nearly as close as those of some of the largest legacy automakers. Now, let's dig a little deeper into the two components of firm value: 1. Steady-State Steady-State Firm Value Equation (Credit Suisse) The steady-state value represents the value of the firm when "NOPAT (net operating profit after tax) is sustainable indefinitely and incremental investments will neither add, nor subtract, value". This is the so-called terminal value of a company when a certain perpetual growth rate is applied to future cash flows. The perpetual growth rate is typically determined by using GDP as a key benchmark, adjusted for maturity of the industry as well as other company-specific factors such as market leadership and/or market share. Companies operating in industries that are higher growth in nature are typically valued at a perpetual growth rate closer to or more than GDP, given their greater contributions to economic growth. Alternatively, companies operating in lower growth and/or mature industries are typically allocated a lower perpetual growth rate. Another key input in determining steady-state firm value is the cost of capital, which reflects the costs of sustaining this perpetual steady-state growth. The Gordon Growth Model is a typical representation used in determining a firm's steady-state value: Gordon Growth Model (Credit Suisse) 2. Future Value Creation Future Value Creation Formula (Credit Suisse) Future value creation represents the incremental value that investments earn (i.e. return on capital / "ROC") relative to cost of capital, and takes into consideration the time period in which this value-creating opportunity will last. This firm value component is where much of Tesla's premium valuation is explained. The future value creation premium typically reflects various growth-cost combinations - high growth, low spread between return on capital and cost of capital; moderate growth, moderate spread between return on capital and cost of capital; low growth, high spread between return on capital and cost of capital. In Tesla's case, the company's future value creation premium represents its high growth and high spread between return on capital and cost of capital (see here for further discussion), underscoring its market leadership and what has largely been justifying the stock's lofty valuation multiple in recent years. The future value creation premium is where Tesla's near-term valuation weakness is expected to stem from. When the return on capital and cost of capital spread narrows, the future value creation premium is reduced. Vice versa, when the return on capital and cost of capital spread widens, the future value creation premium expands, which explains the case for Tesla's rapidly rising valuation in recent years. The company's return on capital has been gradually expanding in recent years as it continues to benefit from scaled productions and generous margins. Meanwhile, it has also managed to keep its cost of capital at a manageable level thanks to robust profits and operating cash flows that have brought its credit rating closer to its investment-grade peers: S&P Ratings has upgraded Tesla to BB+ last week [October 2021] with a positive outlook - this brings the EV maker one notch away from an investment grade rating. In addition to being the first EV pure-play to scale productions and achieve consistent growth in profits and operating cash flows, Tesla has also prudently navigated through the global supply chain constraints that have upended legacy automakers with years of additional experience within the automotive industry under their belts. Time and again, Tesla has proven its ability in minimizing inherent business and financial risks such as operational constraints by maintaining record-setting margins and robust cash flows, while ensuring sufficient resources and talent to solve problems. From a financial and operational standpoint, it will only be a matter of time until Tesla's credit rating finally catches up with its fundamental reality. An investment grade rating would underpin better pricing if Tesla were to raise capital through debt financing. This would also accordingly bring down the weighted average cost of capital ("WACC") applied in valuing its future earnings, thus underpinning even better valuation prospects ahead. An investment grade rating would also be a pivotal indicator of Tesla's ability to fulfil market expectations for it to maintain the dominant share of the fast-growing electric and autonomous vehicle markets in the long-run, underscoring better valuation prospects ahead. Source: "Tesla Vs. Lucid Group: Which EV Stock is the Better Buy?" In addition to a favourable spread between its return on capital and cost of capital, Tesla also benefits from an elongated competitive advantage trajectory given the burgeoning EV industry buoyed by global corporate and political agendas that are moving forward with climate change and global warming mitigation as one of the forefront factors of decision-making. Near-Term Macro Implications on Tesla's Valuation However, increasing macro headwinds in the near-term are threatening the high growth, wide cost-returns spread that has come to Tesla's benefit in recent years. With central banks gathering pace in raising interest rates to tame record-high inflation, companies - including the seemingly "untouchable" Tesla given its still-high valuation - face higher borrowing costs in addition to rising input costs ahead. In valuation theory, the fed funds rate ("FFR") directly impacts the risk-free rate ("RFR") and equity risk premium ("ERP") inputs of determining cost of debt and cost of equity - and inadvertently, cost of capital on a holistic basis. Essentially, with aggressive rate hikes in the books within the foreseeable future, it means the cost of capital will inevitably rise for all market participants. Meanwhile, inflation threatens to erode returns on capital by adding pressure on margins - a point that Tesla CEO Elon Musk has repeatedly warned of, even though the company continues to boast industry-leading margins and best-in-class manufacturing efficiency. The combination of inflation and rising rates will likely narrow the spread between Tesla's generous returns on capital and favourable cost of capital, thus reduce the future value creation premium that has been sustaining the stock's lofty valuation. This also provides an explanation of why Tesla's stock price, as well as the broader market, as wavered this year amid tightening financial conditions. Now, you might say - well, Tesla has market leadership that is expected to last into the longer-term and contribute to a lengthened competitive advantage period that is poised to compensate for the near-term spread reduction between return on capital and cost of capital within the future value creation premium leg of its valuation. In this, we point to our recent discussion over Tesla's imminent loss of market share as the EV landscape becomes increasingly crowded: The European Federation for Transport and Environment predicts more than 300 available EV models within the European automotive market by 2025, while the IHS Markit predicts more than 130 available EV models in the U.S. by 2026, which is equivalent to the number of ICE options available in the market today. Specifically, in Tesla's largest U.S. market where it currently commands a 75% share of annual EV sales, the emerging sector's penetration rate surpassed the 5% inflection point in the first half of the year, marking the beginning of rapid mass market adoption. More than 25% of American population have identified EVs as their choice of preference when purchasing their next car, compared to 16% in 2019. While the trends may appear as favourable tailwinds for Tesla on the surface, a deeper dive would reveal that many prospective buyers are alluding to the increasing availability of different EV models for their preference. The increasing availability of non-Tesla EV models across a wide array of performance, range capability, and price categories is what has encouraged rapid mass market EV adoption in the U.S., heightening risks of share erosion for Tesla over the longer-term. Source: "Tesla Beat Supply Chain Challenges, What's Next?" Similar challenges are also being felt in China, one of Tesla's fastest growing markets that has investors wondering if it will overtake the U.S. as the EV titan's largest segment: It's an understatement to say Tesla had a breakout year for vehicle sales in China in 2021. They sold over 340,000 vehicles, nearly 2.8 times the number of vehicles sold in 2020 and just 8,000 less than what they sold in the U.S. It's unclear whether China will overtake the U.S. as Tesla's biggest market in 2022, but it will certainly be close. Source: Bloomberg According to Morgan Stanley, the recent push for reduced corporate reliance on China due to rising geopolitical tensions may imply that "Tesla is passing through its peak China dependency stage over the next 12 months". This is further corroborated by Tesla's ambitions in ramping up sales within the European EV market this year by taking advantage of its local production capacity, while maintaining its prominence in China still by continuing the build-out of Superchargers in the region - a core undertaking that has been credited for Tesla's success in the world's largest EV market.

Sep 21

Tesla reportedly denies store reshuffle in China

Tesla (NASDAQ:TSLA) has clarified to Chinese financial media group Yicai on Tuesday that it is not planning to close some of its stores in high-rent cities of the country. Reuters had reported earlier in September that Tesla was reshuffling its store strategy in China, close some showrooms in expensive locations and focus on lower-cost stores in suburban areas. The U.S. EV maker confirmed that its sales channels are expanding at a normal rate in China and is not sure where the information came from. The EV maker has opened new retail stores in malls in Xi’an, Shanghai and other cities since September. It now has 26 stores in Shanghai alone. Tesla (TSLA) did not comment on whether it was ramping up vehicle service offerings in China. It has over 300 service job openings in the country as per its careers website. TSLA shares were marginally down premarket

Sep 13

Tesla Bulls Seemingly In Control

Summary Short interest in Tesla stock near multi-year low. Delivery estimate cuts could drive Q3 beat. Key technical event could occur rather soon. As we look to finish up the third quarter of the year, there are a number of names that aren't in great shape. Economic concerns, rising interest rates, a stronger dollar, and Fed tightening have hit growth stocks quite hard. One name that definitely fit that bill a few months ago was Tesla (NASDAQ:TSLA), which was significantly off its all-time highs. However, things have certainly changed recently, and it appears that the bulls are now back in control here. Back in late July, I talked about how the name receiving the distinction of most shorted in the market didn't mean what many might think it did. While the dollar value of shorted shares was the highest in US markets, short interest as a percentage of the company's outstanding shares or the stock's tradeable float was rather low. Since that time, we've received another three updates on bearish bets against the stock, and as the chart below shows, short interest has come down even more. Tesla Short Interest (NASDAQ) While there was a slight tick up in short interest in the back half of August, the split-adjusted number is still down more than 9.7 million shares since the mid-July figure. Since that summer of 2019 peak shown above, the number of shares short is down more than 90%. The percentage of the float short is now just 2.32%, which is down 40 basis points since my previous update. Using the finviz stock screener, Tesla is now just the 165th most shorted name in the S&P 500 (using % of float), down from 112th in my last article. With such little short interest in the name overall, Tesla is no longer the major short squeeze candidate it was when over 30% of its float was shorted. The second reason I think bulls are in a good spot is the setup for Q3 vehicle deliveries, which we should know in about three weeks. As I have discussed extensively in the past, Tesla analysts have kept their estimates low quite often, helping the company to beat in a number of periods. As key company watcher Troy Teslike has pointed out over the past couple of months on his Twitter page, analyst estimates for Q3 deliveries have come down quite a bit since the start of July. The chart below shows the analyst data he's publicly provided so far during this quarter. Tesla Q3 Delivery Estimate Average (Troy Teslike) I'm currently expecting a little less than 370,000 deliveries in Q3, or about 600 units less than Troy. That would be a quarterly record for Tesla, up from the just over 310,000 units reported in Q1 of this year. The company is working on ramping two new factories in Texas and Germany, while also upping the production capacity of its two main facilities in the US and China. Based on where things are trending, the company could exit this year with a global production run rate around 500,000 vehicles per quarter. In early July, my Q3 delivery estimate would have been almost 20,000 units shy of where the Street was, but now I am more than 13,000 units ahead. The more that analysts lower their bar, the easier it will be for the company to beat, which is rather obvious but needs to be repeated given recent history. Right now, there seems to be a high probability that Tesla will beat, as Troy and myself have consistently had better delivery estimates than the Street in recent years. As for Tesla shares, the technical setup is also looking rather nice at the moment. As you can see in the chart below, the 50-day moving average (purple line) is on the rise. This key short term trend line could potentially cross its longer term counterpart, the 200-day (orange line), in the next couple of weeks if the stock holds up here or goes even higher. In recent years, some of the biggest rallies in this name have come once this key technical event known as the golden cross has occurred.

Sep 07

Tesla further improves delivery turnaround time in China for Model 3, Model Ys

Tesla (NASDAQ:TSLA) has reduced delivery waiting times for its Model 3 and Model Y models in China to a maximum of 14 weeks, the U.S. automaker confirmed on its Chinese website. The waiting times for most of the Model 3 and Model Y vehicles have been reduced to six to 10 weeks, the website showed. There is still a waiting period of 10 to 14 weeks for new buyers of the long-range version of Model Y, compared to 16 to 20 weeks previously. A week ago, the electric vehicle maker reduced the expected delivery time for the entry-level Model Y to less than a month. Shares of Tesla (TSLA) moved 0.10% in premarket trading on Wednesday

Shareholder Returns

TSLAUS AutoUS Market
7D-8.4%-8.3%-5.8%
1Y9.2%-4.7%-22.1%

Return vs Industry: TSLA exceeded the US Auto industry which returned -8.2% over the past year.

Return vs Market: TSLA exceeded the US Market which returned -23.7% over the past year.

Price Volatility

Is TSLA's price volatile compared to industry and market?
TSLA volatility
TSLA Average Weekly Movement6.7%
Auto Industry Average Movement9.0%
Market Average Movement6.9%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.8%

Stable Share Price: TSLA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: TSLA's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200399,290Elon Muskhttps://www.tesla.com

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits.

Tesla Fundamentals Summary

How do Tesla's earnings and revenue compare to its market cap?
TSLA fundamental statistics
Market CapUS$886.58b
Earnings (TTM)US$9.52b
Revenue (TTM)US$67.17b

93.1x

P/E Ratio

13.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TSLA income statement (TTM)
RevenueUS$67.17b
Cost of RevenueUS$48.97b
Gross ProfitUS$18.20b
Other ExpensesUS$8.68b
EarningsUS$9.52b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.04
Gross Margin27.10%
Net Profit Margin14.18%
Debt/Equity Ratio8.4%

How did TSLA perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is TSLA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TSLA?

Other financial metrics that can be useful for relative valuation.

TSLA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue13x
Enterprise Value/EBITDA62.4x
PEG Ratio4.1x

Price to Earnings Ratio vs Peers

How does TSLA's PE Ratio compare to its peers?

TSLA PE Ratio vs Peers
The above table shows the PE ratio for TSLA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average7.5x
GM General Motors
6.6x4.7%US$50.6b
600104 SAIC Motor
9.2x16.4%CN¥168.6b
7203 Toyota Motor
9.9x6.5%JP¥27.2t
F Ford Motor
4.1x16.3%US$47.9b
TSLA Tesla
93.1x22.7%US$886.6b

Price-To-Earnings vs Peers: TSLA is expensive based on its Price-To-Earnings Ratio (93.1x) compared to the peer average (7.5x).


Price to Earnings Ratio vs Industry

How does TSLA's PE Ratio compare vs other companies in the Global Auto Industry?

Price-To-Earnings vs Industry: TSLA is expensive based on its Price-To-Earnings Ratio (93.1x) compared to the Global Auto industry average (11.4x)


Price to Earnings Ratio vs Fair Ratio

What is TSLA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TSLA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio93.1x
Fair PE Ratio25.7x

Price-To-Earnings vs Fair Ratio: TSLA is expensive based on its Price-To-Earnings Ratio (93.1x) compared to the estimated Fair Price-To-Earnings Ratio (25.7x).


Share Price vs Fair Value

What is the Fair Price of TSLA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TSLA ($282.94) is trading above our estimate of fair value ($178.36)

Significantly Below Fair Value: TSLA is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Future Growth

How is Tesla forecast to perform in the next 1 to 3 years based on estimates from 36 analysts?

Future Growth Score

6/6

Future Growth Score 6/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


22.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TSLA's forecast earnings growth (22.7% per year) is above the savings rate (1.9%).

Earnings vs Market: TSLA's earnings (22.7% per year) are forecast to grow faster than the US market (14.7% per year).

High Growth Earnings: TSLA's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TSLA's revenue (20.6% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: TSLA's revenue (20.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TSLA's Return on Equity is forecast to be high in 3 years time (26.4%)


Discover growth companies

Past Performance

How has Tesla performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


80.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TSLA has high quality earnings.

Growing Profit Margin: TSLA's current net profit margins (14.2%) are higher than last year (5.1%).


Past Earnings Growth Analysis

Earnings Trend: TSLA has become profitable over the past 5 years, growing earnings by 80.7% per year.

Accelerating Growth: TSLA's earnings growth over the past year (342.8%) exceeds its 5-year average (80.7% per year).

Earnings vs Industry: TSLA earnings growth over the past year (342.8%) exceeded the Auto industry 46%.


Return on Equity

High ROE: TSLA's Return on Equity (25.4%) is considered high.


Discover strong past performing companies

Financial Health

How is Tesla's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: TSLA's short term assets ($31.2B) exceed its short term liabilities ($21.8B).

Long Term Liabilities: TSLA's short term assets ($31.2B) exceed its long term liabilities ($9.0B).


Debt to Equity History and Analysis

Debt Level: TSLA has more cash than its total debt.

Reducing Debt: TSLA's debt to equity ratio has reduced from 122.5% to 8.4% over the past 5 years.

Debt Coverage: TSLA's debt is well covered by operating cash flow (446.6%).

Interest Coverage: TSLA's interest payments on its debt are well covered by EBIT (53.9x coverage).


Balance Sheet


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Dividend

What is Tesla current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Tesla Dividend Yield vs Market
How does Tesla dividend yield compare to the market?
SegmentDividend Yield
Company (Tesla)n/a
Market Bottom 25% (US)1.7%
Market Top 25% (US)4.7%
Industry Average (Auto)2.4%
Analyst forecast in 3 Years (Tesla)0%

Notable Dividend: Unable to evaluate TSLA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TSLA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TSLA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TSLA's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as TSLA has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average management tenure


CEO

Elon Musk (50 yo)

18.42yrs

Tenure

Mr. Elon R. Musk is a Co-Founder of Tesla, Inc. and serves as its Chief Executive Officer since October 2008 and Director since April 2004 and is Technoking of Tesla. Mr. Musk is the Chief Executive Office...


CEO Compensation Analysis

Elon Musk's Compensation vs Tesla Earnings
How has Elon Musk's remuneration changed compared to Tesla's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

US$10b

Mar 31 2022n/an/a

US$8b

Dec 31 2021n/an/a

US$6b

Sep 30 2021n/an/a

US$3b

Jun 30 2021n/an/a

US$2b

Mar 31 2021n/an/a

US$1b

Dec 31 2020n/an/a

US$690m

Sep 30 2020n/an/a

US$525m

Jun 30 2020n/an/a

US$368m

Mar 31 2020n/an/a

-US$144m

Dec 31 2019US$24kUS$24k

-US$870m

Sep 30 2019n/an/a

-US$835m

Jun 30 2019n/an/a

-US$667m

Mar 31 2019n/an/a

-US$976m

Dec 31 2018US$2bUS$56k

-US$976m

Sep 30 2018n/an/a

-US$2b

Jun 30 2018n/an/a

-US$3b

Mar 31 2018n/an/a

-US$2b

Dec 31 2017US$50kUS$50k

-US$2b

Sep 30 2017n/an/a

-US$1b

Jun 30 2017n/an/a

-US$766m

Mar 31 2017n/an/a

-US$723m

Dec 31 2016US$46kUS$46k

-US$675m

Sep 30 2016n/an/a

-US$874m

Jun 30 2016n/an/a

-US$1b

Mar 31 2016n/an/a

-US$1b

Dec 31 2015US$38kUS$38k

-US$889m

Compensation vs Market: Insufficient data to establish whether Elon's total compensation is reasonable compared to companies of similar size in the US market.

Compensation vs Earnings: Elon's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: TSLA's management team is considered experienced (4 years average tenure).


Board Members

Experienced Board: TSLA's board of directors are considered experienced (8.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: TSLA insiders have only sold shares in the past 3 months.


Recent Insider Transactions

NasdaqGS:TSLA Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
09 Aug 22SellUS$6,886,743,987Elon MuskIndividual23,772,321US$303.92
28 Apr 22SellUS$4,509,809,611Elon MuskIndividual15,629,205US$299.50
28 Apr 22SellUS$18,279,162Elon MuskIndividual60,795US$300.95
27 Apr 22SellUS$3,987,669,515Elon MuskIndividual13,239,315US$333.04
26 Apr 22SellUS$1,652,480Elon MuskIndividual5,685US$291.01
12 Nov 21SellUS$1,922,904,421Elon MuskIndividual5,519,211US$368.00
10 Nov 21SellUS$3,633,801,990Elon MuskIndividual10,071,117US$391.07
05 Nov 21SellUS$78,134,088Kimbal MuskIndividual190,500US$412.21

Ownership Breakdown

What is the ownership structure of TSLA?
Owner TypeNumber of SharesOwnership Percentage
Private Companies15,2400.0005%
State or Government1,108,1310.04%
Individual Insiders512,964,58416.4%
General Public1,161,431,89637.1%
Institutions1,457,950,19446.5%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.5%.


Top Shareholders

Top 25 shareholders own 50.35% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
14.84%
Elon Musk
465,117,432$131.6b-4.86%no data
6.53%
The Vanguard Group, Inc.
204,718,584$57.9b4.71%1.31%
5.3%
BlackRock, Inc.
166,106,253$47.0b0.23%1.13%
3.09%
Capital Research and Management Company
96,929,439$27.4b-14.02%1.84%
3.04%
State Street Global Advisors, Inc.
95,363,172$27.0b-1.97%1.47%
2.77%
Citadel Securities, LLC, Asset Management Arm
86,703,000$24.5b0%99.99%
1.46%
Natixis, Investment Banking and Corporate Banking Investments
45,814,914$13.0b2987.72%37.89%
1.44%
Lawrence Ellison
45,018,750$12.7b0%no data
1.41%
Geode Capital Management, LLC
44,250,381$12.5b2.88%1.59%
1.36%
T. Rowe Price Group, Inc.
42,699,258$12.1b10.2%1.39%
1.03%
FMR LLC
32,159,484$9.1b2.59%0.83%
0.94%
Jennison Associates LLC
29,537,760$8.4b-3.28%7.35%
0.9%
Baillie Gifford & Co.
28,212,912$8.0b-4.16%3.95%
0.83%
Northern Trust Global Investments
25,912,875$7.3b-1.56%1.46%
0.72%
Norges Bank Investment Management
22,479,999$6.4b0%0.83%
0.63%
BNY Mellon Asset Management
19,854,462$5.6b6.21%1.23%
0.59%
J.P. Morgan Asset Management, Inc.
18,513,729$5.2b25.03%0.95%
0.56%
Baron Capital Group, Inc.
17,427,468$4.9b0.2%13.13%
0.52%
Legal & General Investment Management Limited
16,255,755$4.6b6.04%1.35%
0.48%
Teachers Insurance and Annuity Association-College Retirement Equities Fund
15,105,000$4.3b-0.01%1.41%
0.47%
UBS Asset Management
14,795,784$4.2b-0.26%0.79%
0.4%
Charles Schwab Investment Management, Inc.
12,418,107$3.5b1.6%0.91%
0.36%
Swiss National Bank, Asset Management Arm
11,432,277$3.2b3.07%2.09%
0.34%
Morgan Stanley, Investment Banking and Brokerage Investments
10,664,256$3.0b-5.16%0.59%
0.33%
PRIMECAP Management Company
10,216,260$2.9b-1.24%2.58%

Company Information

Tesla, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Tesla, Inc.
  • Ticker: TSLA
  • Exchange: NasdaqGS
  • Founded: 2003
  • Industry: Automobile Manufacturers
  • Sector: Automobiles
  • Implied Market Cap: US$886.584b
  • Shares outstanding: 3.13b
  • Website: https://www.tesla.com

Number of Employees


Location

  • Tesla, Inc.
  • 13101 Tesla Road
  • Austin
  • Texas
  • 78725
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TSLANasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJun 2010
TL0DB (Deutsche Boerse AG)YesCommon StockDEEURJun 2010
TL0XTRA (XETRA Trading Platform)YesCommon StockDEEURJun 2010
TSLA *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJun 2010
TSLASWX (SIX Swiss Exchange)YesCommon StockCHCHFJun 2010
0R0XLSE (London Stock Exchange)YesCommon StockGBUSDJun 2010
TSLABIT (Borsa Italiana)YesCommon StockITEURJun 2010
TSLAWBAG (Wiener Boerse AG)YesCommon StockATEURJun 2010
TSLABVL (Bolsa de Valores de Lima)YesCommon StockPEUSDJun 2010
TSLA_KZKAS (Kazakhstan Stock Exchange)YesCommon StockKZUSDJun 2010
TSLAUKR (PFTS Ukraine Stock Exchange)YesCommon StockUAUAHJun 2010
TL0BUL (Bulgaria Stock Exchange)YesCommon StockBGEURJun 2010
TSLA34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 32 REP 1 COMBRBRLJul 2016
TSLABASE (Buenos Aires Stock Exchange)CEDEAR EACH 15 REP 1 COM USD0.001ARARSApr 2019
TSLANEOE (Aequitas Neo Exchange)CDR TESLA REG SCACADAug 2021
TL01DB (Deutsche Boerse AG)CDR TESLA REG SDEEURAug 2021

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/27 00:00
End of Day Share Price2022/09/27 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.