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Tesla, Inc.

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About TSLA

Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. The Company's segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty after-sales vehicle services, body shop and parts, paid supercharging, vehicle insurance and retail merchandise. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. The energy generation and storage segment includes the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its lithium-ion battery energy storage products include Powerwall and Megapack.

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Market Capitalisation

$779.53B

Price-earnings ratio

-

Dividend yield

0.00%

Volume

3.86M

High today

$248.80

Low today

$246.21

Open price

$247.34

52-week high

$273.54

52-week low

$138.80


How does Tesla make money?

Unless you're reading this from under a rock, you know that Tesla specialises in the creation and sale of electric vehicles. A less known fact is that they also develop solar power generation and energy saving products. So their revenue is reported in two major business segments — Automotive and Energy Generation and Storage.

Tesla's Automotive segment makes up 95% of their revenue. This segment includes the design, development, manufacture, sales and leasing of their electric cars. 

While Tesla offers consumers luxury level vehicles in the form of the Model S and Model X, most car sales come from their lower cost vehicles. These include the Model 3, a four-door mid-size sedan, and the Model Y, a compact SUV built on the Model 3 platform.

Tesla’s remaining 5% of revenue comes from their Energy Generation and Storage business segment. Within this segment, Tesla designs, manufactures, sells, leases and installs three main products:

  • Solar Roof — a solar and storage system which powers homes.

  • Powerwall — which stores energy for homes or small commercial facilities.

  • Megapack — an energy storage solution for commercial, industrial, utility and energy generation customers.

What moves TSLA stock?

Tesla is currently the world’s most valuable automaker and is the second company after Apple to have surpassed a US$1.0t market cap (Oct 2021). At the end of 2021, Tesla’s Automotive segment was up 87% from 499,647 to 936,222 deliveries for a gross profit of US$13.7b. 

But unlike other U.S. technology stalwarts, Tesla’s stock price is volatile, prone to large daily swings. In 2021 alone, there were over 20 daily moves of at least 5% to the upside or downside.

Some reasons for these large TSLA share price moves include:

  • Production and delivery delays of the much anticipated Cybertruck — production was meant to begin in 2022 but has been pushed back to 2023.

  • Electric vehicle competition — while Tesla is the current market leader, Nio, Xpend and BYD are already taking hold of China. European, U.S. and Japanese car manufacturers have also made commitments to a greener future, posing even greater risk to Tesla’s revenue growth.

  • Elon Musk’s Twitter behaviour — Musk’s Tweets can send the TSLA share price on a roller coaster ride. He has publicly expressed an interest in taking Tesla private, has proclaimed Tesla stock is too expensive and made mistakes in vehicle delivery projections. Musk has even joked that Tesla went bankrupt in 2018 and has also referred to Tesla stock as “a souffle under a sledgehammer” in a leaked company email.

  • Short sellers — made famous by the film “The Big Short,” Dr Michael Burry of Scion Asset Management bet US$530m against Tesla stock in May 2021. He closed his short position 6 months later.

2022 has also shown that the TSLA stock price is as susceptible to the effects of inflation and geopolitical tensions as any other U.S. technology mega cap. Tesla has dropped over 30% in market value since the beginning of the year.

Is it too late to buy TSLA?

While Tesla's stock price has grown over 800% in value since January 2020, many shareholders still believe Tesla has plenty of runway to grow as a company. Others believe Tesla has peaked, with too many competitors entering the EV sector and energy generation markets.

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TSLA FAQs

  1. Find the right investing platform for you. To buy TSLA shares in Australia, you’ll need to open an account with an investing platform that offers the security. Try Stake, you can sign up in minutes.
  2. Fund your brokerage account. Once you are set up you can deposit into your account with different payment methods.
  3. Search for TSLA or Tesla, Inc.. Find the stock by using the search function and go to the TSLA page.
  4. Place an order to buy TSLA. Press the ‘Buy’ button and choose an order type to place your trade. Depending on the order type, the trade will go through straight away or when a price target is hit.
  5. Monitor your portfolio. You’ve now purchased some TSLA shares. Stay on top of your portfolio and monitor its performance. You may be eligible for dividends and shareholder voting rights that affect your stock.

The ticker symbol for Tesla, Inc. is TSLA.

One share of TSLA is valued at $252.79 as of 05 November 2024.

As of 05 November 2024 Tesla, Inc. has a market cap of $779.53B.

The Price to Earnings ratio of TSLA is 66.58.

The Earnings Per Share of TSLA is $3.65.

The Tesla, Inc. 52-week high stock price is $273.54.

The Tesla, Inc. 52-week low stock price is $138.80.

Yes, the Stake investing platform allows you to buy TSLA shares and over 12,000 more stocks and ETFs across the ASX and Wall St.

This does not constitute financial advice. You should do your own research before making an investment decision. Past performance is not a reliable indication of future performance. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.

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