Tesla, Inc. designs, develops, manufactures, and sells electric vehicles, and energy generation and storage systems in the United States, China, Norway, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers sedans and sport utility vehicles. It also provides electric vehicle powertrain components and systems to other manufacturers; and services for electric vehicles through its company-owned service centers, Service Plus locations, and Tesla mobile technicians. This segment sells its products through a network of company-owned stores and galleries. The Energy Generation and Storage segment offers energy storage products, such as rechargeable lithium-ion battery systems for use in homes, commercial facilities, and utility grids; designs, manufactures, installs, maintains, leases, and sells solar energy systems to residential and commercial customers; and sell renewable energy to residential and commercial customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was founded in 2003 and is headquartered in Palo Alto, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Motor vehicles & car bodies
Sub-IndustryAutomobile Manufacturers
SectorAuto/Tires/Trucks
SymbolNASDAQ:TSLA
CUSIP88160R10
Phone650-681-5000
Debt
Debt-to-Equity Ratio1.65
Current Ratio0.74
Quick Ratio0.44
Price-To-Earnings
Trailing P/E Ratio-28.03
Forward P/E Ratio-29.31
P/E GrowthN/A
Sales & Book Value
Annual Sales$11.76 billion
Price / Sales4.63
Cash FlowN/A
Price / CashN/A
Book Value$31.00 per share
Price / Book10.34
Profitability
EPS (Most Recent Fiscal Year)($11.48)
Net Income$-1,961,400,000.00
Net Margins-18.77%
Return on Equity-40.72%
Return on Assets-8.34%
Miscellaneous
Employees37,543
Outstanding Shares169,790,000
Market Cap$52,653.02
Tesla (NASDAQ:TSLA) Frequently Asked Questions
What is Tesla's stock symbol?
Tesla trades on the NASDAQ under the ticker symbol "TSLA."
How were Tesla's earnings last quarter?
Tesla Inc (NASDAQ:TSLA) released its quarterly earnings data on Wednesday, May, 2nd. The electric vehicle producer reported ($3.35) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($2.40) by $0.95. The electric vehicle producer had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3.30 billion. Tesla had a negative net margin of 18.77% and a negative return on equity of 40.72%. The company's revenue for the quarter was up 26.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($1.33) EPS. View Tesla's Earnings History.
When is Tesla's next earnings date?
What price target have analysts set for TSLA?
31 analysts have issued 12 month target prices for Tesla's stock. Their forecasts range from $93.00 to $500.00. On average, they anticipate Tesla's share price to reach $307.8077 in the next twelve months. This suggests that the stock has a possible downside of 4.0%. View Analyst Ratings for Tesla.
What is the consensus analysts' recommendation for Tesla?
31 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tesla in the last year. There are currently 11 sell ratings, 10 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
What are Wall Street analysts saying about Tesla stock?
Here are some recent quotes from research analysts about Tesla stock:
- 1. According to Zacks Investment Research, "Over the past month, the Zacks Consensus Estimate for Tesla’s annual earnings has been widening. The company has made an announcement to downsize its workforce to become sustainably profitable without compromising on its Model 3 sedan production goals. The company is focusing to grow its energy storage deployment and aims to deploy at least three times of what is deployed in 2017. Also, to deal with the shortage of lithium-ion batteries, the company is building a Gigafactory to produce the batteries in collaboration with various partners, including Panasonic. However, a weaker dollar and higher tariffs, supply chain problems and widening loss in each quarter are few concerns for Tesla. Also, over a year, its shares have underperformed the industry it belongs to." (7/3/2018)
- 2. Needham & Company LLC analysts commented, "We initiate coverage of Tesla with a Hold. In our view, the company is in a race against time. Our comprehensive checks on Model 3 production point to manufacturing problems, particularly at the battery cell level, module assembly and factory automation lines. As a result, we don’t foresee Tesla reaching full production until 12 months from now. If the company does manage to hit its production targets, we suspect it will be sacrificing margins and profitably as we believe the yields on the battery packs are still low and will take substantial time to ramp. Long-term, several of the technological advantages in EVs, namely materials, cooling systems and battery management are shrinking over time. Net, we believe the current valuation ($48BN Mkt. Cap or 127x P/E) does not reflect the issues raised above." (6/1/2018)
- 3. Evercore ISI analysts commented, "important piece" of the bullish, but a cautious view is now warranted, Galliers wrote in the downgrade note. Specifically, it is clear that production of the Model 3 sedan in the third quarter was weaker than expected with 260 units produced as opposed to an original target of slightly more than 1,500 units.At this point, there is no indication of whether Tesla fixed whatever production issues it may have had. Investors may need to wait for clarity on the company's third-quarter earnings report on Nov. 1, the analyst wrote. As a best-case scenario, Tesla's management team would say that production of the Model 3 is an "S-Curve" and hasn't changed substantially.However, a more likely scenario to play out would be Tesla's management unable to have 100 percent visibility on the Model 3 ramp until it is able to produce more than one thousand cars a week — which is unlikely to happen until the end of November."In the meantime, we urge caution on 3rd party interpretations of 20 second Instagram feeds from CEO Elon Musk," (10/29/2017)
Are investors shorting Tesla?
Tesla saw a drop in short interest in June. As of June 29th, there was short interest totalling 34,586,884 shares, a drop of 7.2% from the June 15th total of 37,285,669 shares. Based on an average daily trading volume, of 8,913,280 shares, the short-interest ratio is presently 3.9 days. Currently, 27.3% of the shares of the stock are short sold. View Tesla's Current Options Chain.
Who are some of Tesla's key competitors?
Some companies that are related to Tesla include Toyota Motor (TM), Volkswagen Group (VLKAY), Daimler (DDAIF), General Motors (GM), Honda Motor (HMC), Ford Motor (F), Fiat Chrysler Automobiles (FCAU), Nissan Motor (NSANY), VOLVO AB/ADR (VLVLY), Ferrari (RACE), Hyundai Motor (HYMLF), GEELY AUTOMOBIL/ADR (GELYY), PACCAR (PCAR), SUBARU CORP/ADR (FUJHY) and Tata Motors (TTM).
Who are Tesla's key executives?
Tesla's management team includes the folowing people:
- Mr. Elon R. Musk, Co-Founder, Chairman, CEO & Product Architect (Age 46)
- Mr. Deepak Ahuja, Chief Financial Officer (Age 55)
- Mr. Jeffrey B. Straubel, Chief Technology Officer (Age 42)
- Mr. John Douglas Field, Sr. VP of Engineering (Leave of Absence) (Age 52)
- Mr. Gary Clark, Chief Information Officer
Has Tesla been receiving favorable news coverage?
Media headlines about TSLA stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tesla earned a news sentiment score of 0.15 on Accern's scale. They also assigned news coverage about the electric vehicle producer an impact score of 45.92 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
Who are Tesla's major shareholders?
Tesla's stock is owned by many different of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (7.76%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.02%), Gulf International Bank UK Ltd (0.02%), Westpac Banking Corp (0.02%), Xact Kapitalforvaltning AB (0.01%) and NN Investment Partners Holdings N.V. (0.01%). Company insiders that own Tesla stock include Antonio J Gracias, Elon Musk, Eric Branderiz, Jeffrey B Straubel, John Douglas Field, Kimbal Musk, Robyn M Denholm and Stephen T Jurvetson. View Institutional Ownership Trends for Tesla.
Which major investors are selling Tesla stock?
TSLA stock was sold by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., Westpac Banking Corp, Fjarde AP Fonden Fourth Swedish National Pension Fund, Gulf International Bank UK Ltd, Rathbone Brothers plc, Fox Run Management L.L.C., Xact Kapitalforvaltning AB and Nwam LLC. Company insiders that have sold Tesla company stock in the last year include Eric Branderiz, John Douglas Field, Kimbal Musk and Stephen T Jurvetson. View Insider Buying and Selling for Tesla.
Which major investors are buying Tesla stock?
TSLA stock was purchased by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Daiwa SB Investments Ltd., State of Alaska Department of Revenue, IFM Investors Pty Ltd, Private Capital Advisors Inc., Sphinx Trading LP, Private Asset Management Inc. and Pure Financial Advisors Inc.. View Insider Buying and Selling for Tesla.
How do I buy shares of Tesla?
Shares of TSLA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Tesla's stock price today?
One share of TSLA stock can currently be purchased for approximately $320.77.
How big of a company is Tesla?
Tesla has a market capitalization of $52.65 billion and generates $11.76 billion in revenue each year. The electric vehicle producer earns $-1,961,400,000.00 in net income (profit) each year or ($11.48) on an earnings per share basis. Tesla employs 37,543 workers across the globe.
How can I contact Tesla?
Tesla's mailing address is 3500 DEER CREEK ROAD, PALO ALTO CA, 94304. The electric vehicle producer can be reached via phone at 650-681-5000 or via email at [email protected]
MarketBeat Community Rating for Tesla (NASDAQ TSLA)
MarketBeat's community ratings are surveys of what our community members think about Tesla and other stocks. Vote "Outperform" if you believe TSLA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TSLA will underperform the S&P 500 over the long term. You may vote once every thirty days.
