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Tesla Inc TSLA

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Stock XNAS Rating as of
$184.86 −2.58 (1.38%)
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As of Delayed Price Closed
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Company Report

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Tesla: Shareholders Vote for CEO Musk's 2018 Compensation Package and Reincorporation in Texas

Seth Goldstein

Tesla reported the results of its annual shareholder meeting on June 13. Shareholders voted with the board recommendations on nearly every proposal, including approving CEO Elon Musk's 2018 compensation package as well as reincorporating in the US state of Texas from Delaware. We see no reason to change our outlook for Tesla as a result of the vote. Accordingly, we maintain our $200 fair value estimate. Our narrow moat rating is also unchanged.

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Price vs Fair Value

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TSLA is trading at a 567% premium.
Price
$184.86
Fair Value
$753.00
Uncertainty
Very High
1-Star Price
$287.00
5-Star Price
$181.00
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Tesla has the potential to disrupt the automotive and power generation industries with its technology for EVs, AVs, batteries, and solar generation systems.

Bears

Traditional automakers and new entrants are investing heavily in EV development, which will result in Tesla seeing a deceleration in sales growth and being forced to cut prices due to increased competition, eroding profit margins.

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News

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Trading Information

Previous Close Price
$187.44
Day Range
$182.37–187.20
52-Week Range
$138.80–299.29
Bid/Ask
$184.67 / $184.68
Market Cap
$589.55 Bil
Volume/Avg
69.0 Mil / 89.4 Mil

Key Statistics

Price/Earnings (Normalized)
67.71
Price/Sales
6.81
Dividend Yield (Trailing)
—
Dividend Yield (Forward)
—
Total Yield
—

Company Profile

Tesla is a vertically integrated battery electric vehicle automaker and developer of autonomous driving software. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi-truck. Tesla also plans to begin selling more affordable vehicles, and a sports car. Global deliveries in 2023 were a little over 1.8 million vehicles. The company also sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network.
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Stock Style Box
Large Growth
Total Number of Employees
140,473
Website
https://www.tesla.com

Competitors

Valuation

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Metric
TSLA
VWAGY
BMW
Price/Earnings (Normalized)
 67.713.515.36
Price/Book Value
 9.160.340.61
Price/Sales
 6.810.170.33
Price/Cash Flow
 44.901.202.55
Price/Earnings
TSLA
VWAGY
BMW

Financial Strength

Metric
TSLA
VWAGY
BMW
Quick Ratio
 1.040.890.74
Current Ratio
 1.721.161.13
Interest Coverage
 38.0629.4322.80
Quick Ratio
TSLA
VWAGY
BMW

Profitability

Metric
TSLA
VWAGY
BMW
Return on Assets (Normalized)
 9.74%2.83%4.56%
Return on Equity (Normalized)
 16.96%10.57%12.88%
Return on Invested Capital (Normalized)
 13.43%4.62%6.26%
Return on Assets
TSLA
VWAGY
BMW
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Auto Manufacturers Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Toyota Motor Corp ADR
TM
MwhsrkpwgMtjcy$260.7 Bil
 Ferrari NV
RACE
FxwjvprsnRzln$74.1 Bil
 Mercedes-Benz Group AG
MBGAF
FlvvdhxpWbhkjfv$73.0 Bil
 Stellantis NV
STLA
JywfxvqzCft$60.7 Bil
 Bayerische Motoren Werke AG ADR
BMWYY
MjdmtvhwCjdydy$59.7 Bil
 Volkswagen AG ADR
VWAGY
YhnxhtgqwKgckm$59.4 Bil
 Volkswagen AG ADR
VWAPY
QgrcybbHmffr$59.4 Bil
 General Motors Co
GM
WzvzmwsltKcjsk$54.1 Bil
 Honda Motor Co Ltd ADR
HMC
HbxhcdlmkTcg$51.1 Bil

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