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Tesla (TSLA) is a global electric car maker headquartered in the US and lead by the enigmatic CEO Elon Musk. Founded in 2003, the company is best known for its popular electric vehicle range, batter storage technology and solar panel solutions. TSLA listed on Wall Street’s NASDAQ stock exchange in 2010 and its share price has since seen enormous growth.
News update: March 2, 2023
Historical closes compared with the close of $213.97 from 2023-06-01
|1 week (2023-05-26)||10.77%|
|1 month (2023-05-02)||33.47%|
|3 months (2023-03-02)||12.08%|
|6 months (2022-12-02)||9.81%|
|1 year (2022-05-29)||N/A|
|2 years (2021-06-02)||-64.64%|
|3 years (2020-06-02)||881.56|
|5 years (2018-06-01)||291.82|
Note: The dollar amounts in the table below are in Canadian dollars.
Buying stocks in just one company can leave you more exposed to unexpected swings in the market than if you have a range of investments otherwise known as a diversified portfolio. Experts generally recommend having a broad mix of assets and funds on the basis that drops in the value of some will be offset by rises elsewhere.
This means that it’s generally a good idea to invest in exchange traded funds (ETFs) or index funds like the S&P 500 to expose yourself to a variety of companies and industries. The good news is that Tesla is a major part of the NASDAQ index, so it’s included in many global funds and investment trusts like the S&P 500, as well as ETFs.
Valuing Tesla stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tesla's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Tesla's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 57x. In other words, Tesla shares trade at around 57x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Tesla's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.2812. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Tesla's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Tesla's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $16.7 billion.
The EBITDA is a measure of a Tesla's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$86 billion|
|Operating margin TTM||14.82%|
|Gross profit TTM||$20.9 billion|
|Return on assets TTM||10.43%|
|Return on equity TTM||27.99%|
|Market capitalisation||$637.6 billion|
TTM: trailing 12 months
We're not expecting Tesla to pay a dividend over the next 12 months.
Tesla's shares were split on a 3:1 basis on 24 August 2022. So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Tesla shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for Tesla shares which in turn could have impacted Tesla's share price.
Over the last 12 months, Tesla's shares have ranged in value from as little as $101.81 up to $314.6667. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Tesla's is 2.0028. This would suggest that Tesla's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. It operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, retail merchandise, and vehicle insurance services. This segment also provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; purchase financing and leasing services; services for electric vehicles through its company-owned service locations and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners; and provision of service and repairs to its energy product customers, including under warranty, as well as various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc.
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