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Tesla (TSLA) Stock Price, News & Analysis

Tesla logo
$333.46 -4.77 (-1.41%)
(As of 02:33 PM ET)

About Tesla Stock (NASDAQ:TSLA)

Key Stats

Today's Range
$326.59
$342.55
50-Day Range
$213.65
$352.56
52-Week Range
$138.80
$361.93
Volume
48.30 million shs
Average Volume
95.45 million shs
Market Capitalization
$1.07 trillion
P/E Ratio
91.36
Dividend Yield
N/A
Price Target
$231.06
Consensus Rating
Hold

Company Overview

Tesla, Inc. is the world's leading manufacturer of electric vehicles. With more than 26% of the market share in 2022, the company's leadership position is all but assured for the coming decade if not longer. While specifically an EV manufacturer, however, the company is also engaged in many related and unrelated ventures that could produce significant results for shareholders.

Tesla, Inc. was first incorporated in 2003 in California as Tesla Motors, Inc but later changed its name. Founded by Martin Eberhard and Marc Terpening, Elon Musk became the company's largest shareholder in 2006 and then its CEO in 2008. Tesla went public via IPO in 2010 making it the first American automobile company to do so since Ford back in 1956. The company reached a half million in annual vehicle sales in 2020 and crossed over the 1 million mark in 2022.

Under Musk's guidance, the company was reborn and moved away from the high-end sports-car segment and into a line of cars geared toward a larger audience. The first model, the Roadster, was soon eclipsed by the Model S which is the top-selling plug-in EV car to this day. Follow-on models include the Model X SUV in 2015, the Model 3 sedan in 2017, and the Model Y crossover in 2020.

Tesla, Inc.'s name change came in 2017 shortly after then and current CEO Elon Musk agreed to acquire SolarCity and expand the company's product line. Tesla is now headquartered in Austin, Texas, and operates global manufacturing capacity through a network of Gigafactories. The company has 5 Gigafactories in key locations around the world with a 6th planned. The Gigafactories are noteworthy for multiple reasons including their size, end-to-end production capability, and non-reliance on grid-supplied power.

Tesla's automobile segment designs, develops, manufactures, leases, and sells electric vehicles in the U.S., Europe, Asia, and internationally. This segment offers a line of luxury Ev s equipped with industry-leading features. The company also generates revenue by selling excess EV credits to the business at large. The Energy Generation and Storage segment designs, manufactures, sells, and installs, solar energy generation and energy storage products for residential, commercial, and industrial customers as well as electric utilities.

One of Tesla's related products is the Tesla Powerwall and Tesla Powerpack battery packs. The Powerwall and Powerpack are stationary lithium-ion battery packs for home or industrial use. The power packs can store solar or other green-generated powers for later use or backup power in emergency situations. This segment of the business was merged with Solarcity to form the Energy Generation and Storage segment. Among the many technologies worked on by the company are self-driving/autonomous vehicles, AI, and glass along with EV motors and batteries.

Tesla Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
94th Percentile Overall Score

TSLA MarketRank™: 

Tesla scored higher than 94% of companies evaluated by MarketBeat, and ranked 11th out of 91 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Tesla has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 14 buy ratings, 16 hold ratings, and 9 sell ratings.

  • Amount of Analyst Coverage

    Tesla has been the subject of 28 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Tesla's stock forecast and price target.
  • Earnings Growth

    Earnings for Tesla are expected to grow by 39.20% in the coming year, from $1.99 to $2.77 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Tesla is 90.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.17.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Tesla is 90.10, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 11.79.

  • Price to Earnings Growth Ratio

    Tesla has a PEG Ratio of 11.00. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Tesla has a P/B Ratio of 14.94. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Tesla's valuation and earnings.
  • Percentage of Shares Shorted

    2.38% of the outstanding shares of Tesla have been sold short.
  • Short Interest Ratio / Days to Cover

    Tesla has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Tesla has recently decreased by 1.92%, indicating that investor sentiment is improving.
  • Dividend Yield

    Tesla does not currently pay a dividend.

  • Dividend Growth

    Tesla does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.38% of the outstanding shares of Tesla have been sold short.
  • Short Interest Ratio / Days to Cover

    Tesla has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Tesla has recently decreased by 1.92%, indicating that investor sentiment is improving.
  • News Sentiment

    Tesla has a news sentiment score of 0.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Auto/Tires/Trucks companies.
  • News Coverage This Week

    MarketBeat has tracked 179 news articles for Tesla this week, compared to 140 articles on an average week.
  • Search Interest

    695 people have searched for TSLA on MarketBeat in the last 30 days. This is an increase of 10% compared to the previous 30 days.
  • MarketBeat Follows

    278 people have added Tesla to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Tesla insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $92,956,692.00 in company stock.

  • Percentage Held by Insiders

    20.70% of the stock of Tesla is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    66.20% of the stock of Tesla is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Tesla's insider trading history.
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TSLA Stock News Headlines

Self driving car on a road. — Photo
Elon Musk and Trump Push for Self-Driving Cars: 3 Stocks to Gain (TSLA)
Trump-era shifts may accelerate autonomous vehicles, benefiting stocks like Mobileye, Ouster, and Aurora with opportunities in the growing AI-driven market.
MarketBeat Week in Review – 11/18 - 11/22 (TSLA)
Stocks were set for a weekly gain of at least 1% as a resilient consumer, NVIDIA earnings and rate cut expectations outweighed geopolitical concerns
📉 Warning: Market Crash Predicted - Secure Your Savings
The last time the "Buffett Indicator" flashed this red was in 2000 - right before the market crashed 50%.
BRENNER, AUSTRIA - MAY 11, 2016: Tesla supercharger machine at Supercharger Station at night. — Stock Editorial Photography
Tesla Investors Continue to Profit From the Trump Trade
Tesla stock is up 6.6% after news of a federal regulatory framework for autonomous vehicles causing one analyst to raise their price target for TSLA stock
Massive News for Tesla Stock Investors
See More Headlines

TSLA Stock Analysis - Frequently Asked Questions

Tesla's stock was trading at $248.48 at the beginning of the year. Since then, TSLA stock has increased by 32.3% and is now trading at $328.86.
View the best growth stocks for 2024 here
.

Tesla, Inc. (NASDAQ:TSLA) issued its earnings results on Wednesday, October, 23rd. The electric vehicle producer reported $0.72 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $0.14. The firm's quarterly revenue was up 7.8% on a year-over-year basis.
Read the conference call transcript
.

Tesla's stock split before market open on Thursday, August 25th 2022. The 3-1 split was announced on Thursday, August 25th 2022. The newly minted shares were issued to shareholders after the closing bell on Thursday, August 25th 2022. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

The following companies are subsidiaries of Tesla: Springpower, ATW Automation, Hibar Systems, DeepScale, Maxwell Technologies, Perbix, Grohmann Engineering, and others.

Tesla's top institutional investors include State Street Corp (3.48%), Geode Capital Management LLC (1.85%), Jane Street Group LLC and FMR LLC (0.77%). Insiders that own company stock include Elon Musk, Kimbal Musk, Zachary Kirkhorn, Vaibhav Taneja, Robyn M Denholm, Xiaotong Zhu, Andrew D Baglino and Kathleen Wilson-Thompson.
View institutional ownership trends
.

Shares of TSLA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Tesla investors own include IDEXX Laboratories (IDXX), Broadcom (AVGO), Meta Platforms (META), NVIDIA (NVDA), Applied Materials (AMAT), ASML (ASML) and HubSpot (HUBS).

Company Calendar

Last Earnings
10/23/2024
Today
11/27/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
1/22/2025

Industry, Sector and Symbol

Industry
Motor vehicles & car bodies
Sub-Industry
Automobile Manufacturers
Current Symbol
NASDAQ:TSLA
CUSIP
88160R10
Employees
140,473
Year Founded
2003

Price Target and Rating

Average Stock Price Target
$231.06
High Stock Price Target
$400.00
Low Stock Price Target
$24.86
Potential Upside/Downside
-31.7%
Consensus Rating
Hold
Rating Score (0-4)
2.13
Research Coverage
39 Analysts

Profitability

Net Income
$15.00 billion
Pretax Margin
8.66%

Debt

Sales & Book Value

Annual Sales
$96.77 billion
Cash Flow
$4.31 per share
Book Value
$22.01 per share

Miscellaneous

Outstanding Shares
3,210,060,000
Free Float
2,545,578,000
Market Cap
$1.09 trillion
Optionable
Optionable
Beta
2.29

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This page (NASDAQ:TSLA) was last updated on 11/27/2024 by MarketBeat.com Staff
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