Tesla Inc Stock Today

TSLA Stock  USD 332.89  5.34  1.58%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 2

 
High
 
Low
Very Low
Tesla is trading at 332.89 as of the 28th of November 2024, a 1.58 percent decrease since the beginning of the trading day. The stock's open price was 338.23. Tesla has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Note, on November 14, 2024, Representative Morgan McGarvey of US Congress acquired under $15k worth of Tesla Inc's common stock.
Business Domain
Automobiles & Components
IPO Date
29th of June 2010
Category
Consumer Cyclical
Classification
Consumer Discretionary
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas. Tesla operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. The company has 3.21 B outstanding shares of which 77.94 M shares are at this time shorted by private and institutional investors with about 0.74 trading days to cover. More on Tesla Inc

Moving together with Tesla Stock

  0.85DORM Dorman ProductsPairCorr

Moving against Tesla Stock

  0.81APTV Aptiv PLCPairCorr
  0.74LEA LearPairCorr
  0.74KNDI Kandi TechnologiesPairCorr
  0.74LCID Lucid Group Aggressive PushPairCorr
  0.73FOXF Fox Factory HoldingPairCorr
  0.72XOSWW Xos Equity WarrantsPairCorr

Tesla Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanElon Musk
Thematic Ideas
Showing 3 out of 7 themes
Business ConcentrationAutomobile Manufacturers, Automobiles & Components, Consumer Discretionary, SP 500 Index, ARCA Institutional, NASDAQ Composite, NASDAQ 100 Pre, Nasdaq CTA Artificial, Nasdaq 100, SP 100, Cars, Wireless, Climate Change, Artificial Intelligence, Disruptive Technologies, Momentum, Driverless Cars, Consumer Discretionary, Automobiles, Auto Manufacturers, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.950.9077
Sufficiently Up
Slightly volatile
Gross Profit Margin0.250.1825
Significantly Up
Slightly volatile
Total Current Liabilities30.2 B28.7 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total7.6 B14.3 B
Way Down
Slightly volatile
Total Assets111.9 B106.6 B
Sufficiently Up
Slightly volatile
Total Current Assets52.1 B49.6 B
Sufficiently Up
Slightly volatile
Debt Levels
Tesla can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Tesla's financial leverage. It provides some insight into what part of Tesla's total assets is financed by creditors.
Liquidity
Tesla Inc currently holds 9.57 B in liabilities with Debt to Equity (D/E) ratio of 0.14, which may suggest the company is not taking enough advantage from borrowing. Tesla Inc has a current ratio of 1.43, which is within standard range for the sector. Note, when we think about Tesla's use of debt, we should always consider it together with its cash and equity.

Change To Inventory

(1.25 Billion)
Tesla Inc (TSLA) is traded on NASDAQ Exchange in USA. It is located in 1 Tesla Road, Austin, TX, United States, 78725 and employs 140,473 people. Tesla is listed under Automobile Manufacturers category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 1.09 T. Tesla Inc conducts business under Automobiles sector and is part of Consumer Discretionary industry. The entity has 3.21 B outstanding shares of which 77.94 M shares are at this time shorted by private and institutional investors with about 0.74 trading days to cover. Tesla Inc currently holds about 16.25 B in cash with 13.26 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.68.
Check Tesla Probability Of Bankruptcy
Ownership Allocation
Tesla Inc shows a total of 3.21 Billion outstanding shares. 30% of Tesla Inc outstanding shares are owned by institutional holders. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. On November 14, 2024, Representative Morgan McGarvey of US Congress acquired under $15k worth of Tesla Inc's common stock.
Check Tesla Ownership Details

Tesla Stock Institutional Holders

InstituionRecorded OnShares
Northern Trust Corp2024-09-30
23.5 M
Legal & General Group Plc2024-06-30
22.2 M
Bank Of America Corp2024-06-30
20.5 M
Goldman Sachs Group Inc2024-06-30
20.1 M
Bank Of New York Mellon Corp2024-06-30
17.7 M
Charles Schwab Investment Management Inc2024-09-30
16.5 M
Loomis, Sayles & Company Lp2024-06-30
16.3 M
Bamco Inc2024-09-30
14.9 M
Baillie Gifford & Co Limited.2024-09-30
12.7 M
Vanguard Group Inc2024-09-30
239.6 M
Blackrock Inc2024-06-30
190.1 M
View Tesla Diagnostics

Tesla Historical Income Statement

At present, Tesla's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 242.4 M, whereas Income Tax Expense is projected to grow to (4.8 B). View More Fundamentals

Tesla Stock Against Markets

Tesla Corporate Management

John WalkerVice AmericaProfile
Brian ScelfoSenior DevelopmentProfile
Martin ViechaDirector RelationsProfile
Lars MoravyVice EngineeringProfile
Vaibhav TanejaChief Accounting OfficerProfile
Franz HolzhausenChief DesignerProfile
When determining whether Tesla Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tesla's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tesla Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tesla Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tesla Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tesla. If investors know Tesla will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tesla listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.17
Earnings Share
3.65
Revenue Per Share
30.457
Quarterly Revenue Growth
0.078
Return On Assets
0.0476
The market value of Tesla Inc is measured differently than its book value, which is the value of Tesla that is recorded on the company's balance sheet. Investors also form their own opinion of Tesla's value that differs from its market value or its book value, called intrinsic value, which is Tesla's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tesla's market value can be influenced by many factors that don't directly affect Tesla's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tesla's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tesla is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tesla's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.