Shares of Tesla closed up 6.4% to trade at $555.38 per share. What is the market capitalization of a company. 12. Another common argument from Tesla bulls is that Tesla isn't just any old automaker: it's actually a tech company, so it should be evaluated against other tech companies. Got a confidential news tip? The Motley Fool has a disclosure policy. Amazon's Jeff Bezos is the wealthiest person in the world, followed by Tesla's Elon Musk and Microsoft co-founder Bill Gates. In fact, even with a 50% drop since last November, Tesla stock's weighting in key indexes has risen this year. Today, that same EV experience I had is now trickling out to the masses as family and friends get seat time in some of the half-million Model 3 sedans now on the road. Top car stocks for the second quarter include Ferrari NV ( RACE ), Stellantis NV ( STLA ), and Mercedes-Benz . Is This (Finally) The Time To Invest In Japan? 13. Tesla's operated at median book value / market cap of 0.1x from fiscal years ending December 2018 to 2022. Tesla became the world's most valuable automaker on Wednesday, when the electric vehicle company's market capitalization surpassed Toyota's for the first time. On top of that, the bulletproof window feature reveal went terribly wrong and Musk fairly stumbled through the event, making what seemed like an unqualified disaster of a reveal look like an ad-libbed high school drama club production. He just follows Elon Musk on Twitter (and elsewhere) and loves what sees. The gains are clearly reflected in the ranks of the richest people. Get this delivered to your inbox, and more info about our products and services. b. Tesla Annual and Quarterly Filings * TTM sales is the sum of the quarterly data on a trailing 12-month or 4-quarter basis. As seen, Teslas price-to-earnings ratio debuted at 1,000.0X in 2021 but dropped to only 45.0X by Feb 2023. Feel free to contact us anytime using our contact form or visit our FAQ page. It would be easy to dismiss Teslas stock surge and market value by saying anything is possible in the stock market (and that is certainly true), but as I listened to seasoned market watchers and MBA analysts prattle on about production counts, the China situation, the German gigafactory and all else, the only comment that really struck me was when some guy with a lot of degrees and a fancy title at some well-known institution said I dont get why the stock is this high. Which topics are covered by the "Chart of the Day"? All Rights Reserved. Tesla is the largest of these companies, with a market cap of about $370 billion, but NVIDIA isn't far behind, with a market cap of about $308 billion. Tesla's market cap has increased by more than $500 billion in 2020, and is now worth as much as the combined market cap of the nine largest car companies globally. The chart above shows Teslas valuation with respect to shareholders equity for the period between 2016 and 2023. This week's stock jump also pushed Musk to overtake Microsoft billionaire Bill Gates as the world's second richest person, according to theBloomberg Billionaire Index, which tracks the wealth of the world's 500 richest people. (Photo by Yichuan Cao). Tesla's enterprise multiple, or. You may opt-out by. Whether you think it's overvalued depends on what kind of growth you expect to see in Tesla's vehicle sales, its technological advances, and sales and development of the company's non-vehicle products. $177.1401. Buzz: The Future And Past Converge In VWs Newest EV, The Tiny Fiat Topolino Is Here To Melt Your Heart, The New 626-Horsepower Range Rover Sport SV Is Available By Invitation Only, Fathers Day Gift Ideas For The Motoring Dad In Your Life, Decade After Decade, RAV4 Helps Toyota Lead With American Buyers, Genesis GV80 SUV Quickly Has Validated Brands Luxury Chops, Acura Campaign Provides Glimpses Of Brands Electrified Future, tangentially predicted such a thing might happen. Presently, Carla Trevisan is Chief Executive Officer of Love & Gratitude Srl. By far the biggest increase in market cap went to Apple, which jumped by almost $1 trillion in value, thanks to its stock climbing 81%. All financial figures in this article were obtained and referenced from the following websites: a. Tesla Financial Results Released Date He expects Musk to forecast at least 550,000 units for 2020 during next week's Tesla earnings call. So how come that Tesla is worth more than its rivals that sell 30 times more cars? proper attribution to Statista. Steve Jobs was known to personally answer user complaints and questions, if not exactly in an overly friendly way, but he was at least willing to be involved at a personal level. Easy choice. According to the chart above, Teslas price-to-EBITDA ratio has had quite a dramatic fluctuation in the past. As of Feb 2023, Teslas price to operating cash flow ratio totaled only 39.0X, a much lower figure compared to prior results which averaged 70.0X. Ford Global Sales & Market Share, 5 Real Risks of Investing in Tesla Stocks, GM Competitive Advantage And Market Share. Market Capitalization Mogliano Veneto Supercharger. While the mark is largely symbolic,it underscores CEO Elon Musk's push for growth. Prior to 2022, Teslas market capitalization logged more than $1 trillion USD between 2021 and early 2022. daily and featuring the latest statistics from the media, Similar to the operating cash flow ratio, Teslas stock was traded to about 76.0X of free cash flow as of Feb 2023. While Teslas valuation certainly is high, bullish investors argue that the company isnt valued as a car company, but rather as a technology company that happens to build cars. From its controversial CEO, Elon Musk; to the designs of its vehicles (seriously, what's up with the Cybertruck? Plus, there was that little financial crisis happening at the same time. I just dont get it.. With a market cap of about $1 trillion, Tesla trades at a relatively lofty 120x projected 2022 earnings and is essentially valued higher than the ten largest automotive companies combined. * Price to book ratio is computed by the author based on Teslas market cap calculated earlier and shareholders equity. Teslas stock valuation with respect to operating cash flow also has been on a decline. Sign up for free newsletters and get more CNBC delivered to your inbox. The decline in market cap has been mainly caused by a multitude of issues, including the COVID-19 scare in China, as well as the supply chain and parts issues which have nearly crippled the automotive industry in China. I first drove a Model S P85 in 2013, before the dual-motor models came out, and even then, the driving experience was a revelation, especially for a guy with a predilection for very high-powered motorcycles: Just pure instant motion, massive acceleration, no gear gaps, no lag, and little noise. * TTM free cash flow is the sum of the quarterly data on a trailing 12-month or 4-quarter basis. And that week, when the shock wore off, the reconsiderations began, as did the hundreds of thousands of pre-orders. Tesla is set to join the S&P 500 before trading on Monday, Dec. 21, a move that pushed the shares higher earlier this month since money managers with funds that track the S&P 500 will need to buy the stock for their portfolios. And yet, here we are. Tesla Vehicle Sales May Reach 3 Million Units In 2023, AB InBev Alcoholic And Non-Alcoholic Beverages Production Volumes. The CEO of the German carmaker, Herbert Diess, no longer believes that Tesla is a niche manufacturer, and has highlighted its role in shaking up the auto industry. 4. Musk's net worth has risen more than $100 billion in 2020, marking the largest increase among those on the index. Worldwide, Tesla only trails Toyota (TM) in market cap ($233B). When this article was published, Teslas stock surged past USD$200 per piece post-3-to-1 split, bringing the companys total market cap to more than $600 billion. It was borderline otherworldly. Why Is Tesla Shares Outstanding Increasing? A company can operate without a profit but not without cash. * Price to EBITDA ratio is computed by the author based on Teslas market cap calculated earlier and TTM EBITDA. In other words, EBIT also represents operating income or profit. Tesla has often represented a journey from the valley of try to the plateau of do, and to a degree, that may be why theres a bit of a cultish aura around the company in a vein similar to Apple when Steve Jobs was at the helm. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022, Monatliche Pkw-Neuzulassungen der Marke Tesla in Deutschland bis April 2023, Fahrzeugauslieferungen von Tesla weltweit bis Q1 2023, Pkw-Bestand der Marke Tesla in Deutschland bis 2023, Fahrzeugauslieferungen von Tesla nach Modellen weltweit bis Q1 2023. Ill gamble yes, and while it may rob some sales from the Model 3, its such a close cousin its fair to say its almost the same car. CEO Elon Musk clearly agrees. industries; and "Economy and Society", which Tesla is generally perceived to be at the forefront of that change. Tesla catapulted into the ranks of the mega-cap companies after its stock surged almost ninefold. GM and Fords price-to-equity ratio was about the same as that of Toyota according to Yahoo Finance during the same period. Price To Gross Profit Ratio Debatable. For good measure, we can also check out the enterprise value-to-EBITDA ratio and the price-to-sales ratio. "My take is. The chart above shows Tesla's total market capitalization for the period from 2016 to 2023. Tesla's clearly no bargain, and seems to be richly valued. Its just one more area of innovation (and perhaps common sense) where Tesla has a massive lead, and consumers love it since they are already familiar with the concept of software updates for their computers and phones. But with Tesla, the stock price has steadily trended higher in 2020, forcing short sellers to take losses when buying back shares at a higher price. GM Trucks and SUVs Sales Compare TSLA With Other Stocks From: To: Zoom: 2012 2014 2016 2018 2020 2022 $0 $100 $200 $300 $400 $500 $600 $700 $800 $900 $1,000 $1,100 $1,200 $1,300 TSLA Market Capitalization (Billions of Dollars) 2012 2014 2016 2018 2020 2022 I had tangentially predicted such a thing might happen in another Forbes post, but I honestly was not prepared for it. Prior to 2022, Teslas price-to-book ratio was significantly higher, notably at more than 20.0X. The content in this article is for informational purposes only and is neither a recommendation nor a piece of financial advice to purchase a stock. According to the chart above, Teslas price-to-earnings or PE ratio has been on a decline in the last 2 years, indicating the tumbling valuation with respect to earnings. Key background: Tesla struggled through the first half of 2019, amid doubts over consumer demand and whether or not the company could achieve profitability. Thats the CEO of Tesla telling a fan via Twitter that their favorite video game, Minecraft, is coming to the center screen of the companys cars. 81.5bn USD Detailed statistics Tesla's revenue 2008-2022 Tesla's quarterly vehicle deliveries 405.3k Detailed statistics Tesla's vehicle sales by quarter YTD Q4 2022 Quarterly operating. GM Global Sales & Market Share Our article . However, Teslas stock price emerged from the drop unscattered in subsequent periods and moved even higher after the re-opening of China. He now trails Amazon CEO Jeff Bezos. References and Credits 11. The net earnings are the net income or net profit available to common stockholders. Why not for cars and everything else? Tesla is now double the market cap of GM, and the second most valuable car company worldwide behind Toyota. * Price to earnings ratio is computed by the author based on Teslas market cap calculated earlier and TTM net earnings attributable to common shareholders. please visit our agency website, Your contact to the Infographics Newsroom, Find your information in our database containing over 20,000 reports, Teslas share price soared by a whopping 950 percent, Our infographics team prepares current information in a clear and understandable format, Relevant facts covering media, economy, e-commerce, and FMCG topics, Use our newsletter overview to manage the topics that you have subscribed to. The "Close/Last" is the "adjust consolidated close price". Further reading: Its Okay To Completely Ignore Teslas Insane Stock Surge (Antoine Gara), This is a BETA experience. This move outpaced the S&P 500's daily loss of 0.61%. We. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Volkswagen itself is planning to roll out the world's largest EV fleet over the next decade, including 75 completely electric models and around 60 hybrid vehicles. Perhaps thats one more reason Tesla stock keeps climbing. This ratio also has been on a decline and was at record lows as of 2023. BROWN / AFP), Stressed Out? Presently, Carla Trevisan is Chief Executive Officer of Love & Gratitude Srl. A Division of NBCUniversal. Yes, Statista allows the easy integration of many infographics on other websites. Copyright 2023 Surperformance. Fiscal year is Jan - Dec. Current. If you find the information in this article helpful, please consider sharing it on social media and also provide a link back to this article from any website so that more articles like this one can be created in the future. Does chatting up fans on Twitter boost stock prices? Despite initial factory closures due to the pandemic, Tesla bounced back to deliver a record number of vehicles in the third quarter. internet, telecommunications and consumer electronics Great idea, so do I, lets do it. In terms of gross profit, Teslas valuation also experienced a similar trend as seen in the plot above. * Price to EBIT ratio is computed by the author based on Teslas market cap calculated earlier and TTM EBIT. Padua, Veneto, Italy . The Nissan Leaf, Chevy Bolt, Fiat 500e, Porsche Taycan, Jaguar iPace, Kia Soul EV, Mercedes-Benz EQC, Audi e-tron, BMW i3/i8 and the other small-batch specials from established carmakers are all good electric cars, but most quickly pale in terms of performance, price and design to even the base Model 3. Tesla currently sells just three models. Stellantis will need one or two additional U.S. battery plants - Tavares, Republicans speak out against US debt-ceiling deal, in sign of rocky road ahead, JPMorgan's Dimon visits Taiwan to meet staff, clients -source, Bill Gates says top AI agent poised to replace search, shopping businesses, Elon Musk kicks off China visit, Tesla expansion in focus, Activist fund Trian reorders top ranks as CIO Garden retires -filing, Stellantis does not need Italy among its shareholders, Chairman Elkann says, Elon Musk greeted with flattery and feasts during China trip, Fresenius lifts 2023 outlook for hospital drugs unit Kabi, LVMH chief Bernard Arnault to visit China in June -sources. All rights reserved. Is Tesla worth this much? It joins a raft of new and classic video games already in the cars that drivers and passengers can play while the car is charging up - or just while parked. * Teslas common stock outstanding is obtained from the companys annual and quarterly filings while the weekly close price adjusted for split is obtained from Yahoo Finance. The Tesla killer is always just around the corner, a corner which no one seems to be able to fully turn. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. When publishing one of these graphics, One of the best cryptocurrencies to buy now, Cardano shed 81% in 2022, but has clawed back some of those losses in recent months, posting a year-to-date gain of 66.2% through April 27. Comparison Of Vehicle Average Sales Prices Read more:Opinion: Tesla's Germany plans are no coincidence. And charges up at home while you sleep? The stock climbed almost ninefold this year, lifting the electric car maker's market cap from $76 billion at the beginning of the year to $669 billion at Thursday's close. But no, it was the real deal, an 80s sci-fi movie prop made real, a truck perhaps Homer Simpson would design given the chance. Charging stations are becoming more common and range numbers continue to climb. Tesla Model X on display at a Tesla store in Palo Alto, California, United States on October 3, [+] 2019. In her past career Ms. Trevisan occupied the position of Chief Executive Officer for Sanimedica Srl, Chief Executive Officer & Director-Healthcare at . Financial ratios and metrics for Tesla (TSLA). We will look at these ratios over several periods to see how the company has been valued from a historical standpoint. (Photo by [+] Sjoerd van der Wal/Getty Images). Elon uses Twitter much to the same effect, but often in a more engaging, fun way. Nevertheless, Teslas valuation with respect to EBITDA slowly declined over the years and reached only 30.0X as of Feb 2023, a record low valuation in the last 2 years. Between 2014 and 2022,. Export. a new plant in Germany that could start production by 2021. But whileIves believes Tesla shares will have more room to run as the carmaker grows in China increasing his 2020 price target to $550 other analysts are more cautious. Nothing inspires heated debate among investors like Tesla(TSLA 3.11%). For individual content and infographics in your Corporate Design, Tesla's wild rally served as the biggest surprise. Tesla finished the trading day Tuesday with a market cap greater than $500 billion for the first time after its stock price surpassed $527.48 per share. * Price to sales ratio is computed by the author based on Teslas market cap calculated earlier and TTM sales. Crucial quote: Despite past production delays, parts shortages, labor cost overruns and other difficulties, we expect Tesla to benefit from its dominant position in the electric vehicle industry and to improve performance in 2020 and beyond, Argus Research said in its note on Monday. Moreover, Tesla last month begun manufacturing in China, the largest market for electric vehicles (EVs), and has announced a new plant in Germany that could start production by 2021. The Model S is a premium-priced car to be sure, but even then, it was just so different and so much better than anything Id driven before, and Id piloted many a premium car at equal or higher price points. To make the world smarter, happier, and richer. "If we see that, then we also understand why Tesla is so valuable from the view of analysts," he said. Carla Trevisan. Other start-ups are focused on specific aspects of vehicle tech, likeHyliion's electric drivetrains andVelodyne's lidar technology for autonomous driving. *Average returns of all recommendations since inception. The all-time high Tesla stock closing price was 409.97 on November 04, 2021. 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Is Beyond Meat running a high margin business? Tesla's market value surged past $100 billion (90.2 billion) for the first time on Wednesday, as shares in the Palo Alto-based US automaker rose 8.6% to a new intraday high of $594.50. * Market cap data is computed by the author based on Teslas common stock outstanding and weekly close price adjusted for split. Tesla Market Cap Tesla Inc (TSLA) 201.14 +7.97 ( +4.13%) USD | NASDAQ | May 30, 16:00 201.60 +0.46 ( +0.23%) After-Hours: 20:00 Switch to: Reports Actions Quote Performance Key Stats Financials Estimates News Events Y-Rating Valuation More Tesla Market Cap: 637.51B for May 30, 2023 View 4,000+ Financial Data Types: Add Browse Market Cap Chart This is a BETA experience. After struggling amid "production hell" overits latest Tesla 3 mass-market model last year, the quick change in Tesla's fortunes has even won the praise of US President Donald Trump, who marveled about "how it's come so fast. Like millions of others I was watching a livestream of the event and when the Cybertruck appeared, I was nearly shocked out of my shoes. Tesla tops $500 billion market value as shares hit all-time high, Here's what Tesla's inclusion in the S&P 500 means for the company's stock, join the S&P 500 before trading on Monday, Dec. 21. Tesla's Market Cap Hit $1 Trillion. This situation is more apparent when it comes to valuing Tesla. However, competition in the space is about to get fierce, with new electric vehicle start-ups and established auto companies bringing a flood of battery-electric vehicles to market between 2021 and 2023. By. . Facebook CEO Mark Zuckerberg is fifth. Market cap in millions USD. Despite the meteoric. Tesla's market value surged past $100 billion (90.2 billion) for the first time on Wednesday, as shares in the Palo Alto-based US automaker rose 8.6% to a new intraday high of . Making the world smarter, happier, and richer. The Tesla 52-week low stock price is 101.81, which is 50.1% below the current share price. I write about motorcycles, ebikes, cars, trucks and mobility tech. Invest better with The Motley Fool. Tesla stock kept up its recent momentum and rose nearly 20% to a new record high on Mondaygaining over $100 and finishing at $780 per share. However, Chinese regulators could still block it. Ever since the Model S sent a shockwave through the automotive industry, Tesla still has no real competition from. anyone. Gary Black, a former CEO of Aegon Asset Management and now a private Tesla investor, believes Elon Musk's car company even could earn more than Volkswagen by 2025. Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future. December 18, 2020 We don't often cover the day-to-day or even month-to-month stock market frenzy, but there is no doubt that growth in Tesla [NASDAQ: TSLA] market cap has been a stunning. In 2020, Tesla's market cap jumped up 783.42%, compared to its 31.82% jump in 2019, which is clearly a signal that the company is growing. For one thing, Tesla's sales are growing by leaps and bounds, and as those sales skyrocket, valuation metrics will come down. This ratio was only around 40.0X in 2022 and was even lower as of 2023, illustrating the declining valuation of Teslas stock. Drive A Tank And Crush A Car For The Ultimate Venting Experience, Volkswagen ID. $183.80. Tesla became the first $100 billion publicly listed U.S. carmaker in January. It also may have a major leg up in terms of technology and patents. Worldwide, Tesla cars are seen as upscale, smart, environmentally better and generally a cut above. However, the EBIT does not cover interest expenses and taxes. Order Reprints. Disclaimer search Compare to Apple Inc $175.43 AAPL1.41% Amazon.com, Inc. $120.11 AMZN4.44% NVIDIA. * TTM EBITDA is the sum of the quarterly data on a trailing 12-month or 4-quarter basis. * Net earnings attributable to common shareholders is also referred to as the net income or net profit available to common shareholders. At this valuation, Teslas stock price was trading at about 13 times the companys net worth or book value. I cover wealth management, money and markets. In this article, we will explore Teslas stock valuation from the perspective of several ratios. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. The broad-based Morningstar US Market Index, which is down 24.94% this year, had a . The Motley Fool owns shares of and recommends NVIDIA, Shopify, Tesla, and Zoom Video Communications. You can get more valuation metrics, such as a longer interval, and other features such as average valuation, and high and low valuation in a given period, ie. Children dive for coins in India's toxic rivers, Elections in Guinea-Bissau: The eternal search for stability, Why many Indians don't trust mental health advice, Germany's far-right AfD sees poll numbers surging, Attacks in Russia 'destroy myth of Putin's invincible army', Israel's protests expose divisions in society, Glencore a big winner of Germany's Colombian coal binge, Tesla last month begun manufacturing in China, the largest market for electric vehicles (EVs). To recap, Teslas stock valuation has been on a decline with respect to several metrics, including revenue, gross profit, operating profit, and cash flow. That said, a lot of growth seems to be priced into the stock, which has had a tendency not to move in tandem with the company's fundamentals. 2. The Wolfsburg-based carmaker said it would aim to sell 26 million all-electric vehicles by 2029 and around 6 million hybrid vehicles. It now stands at around $679 billion. Bottom line: value investors should probably steer clear, and even growth investors should be aware that things may not go according to plan. On a recent conference call with a large group of Tesla Inc. (TSLA) watchers and analysts, I listened closely for clues as to why the stock price has suddenly ballooned to the point that the day-to-day stock value for this 16-year-old, rarely profitable car maker that is currently producing just three models for sale is double that of General Motors (GM), which makes dozens of models from econoboxes to pickups to minivans to Corvettes. RT @StockMKTNewz: Largest single day market cap gains in US stock market history $191B: Apple $AAPL Nov 2022 $191B: Amazon $AMZN Feb 2022 $184B: Nvidia $NVDA Today . And thats where Elon and Teslas perhaps biggest attribute becomes apparent: Chutzpah, that nebulous something that is part courage, part intuition and part stubbornness. At . With Elon, it never seems that way. Price To Earnings (PE) Ratio While using this site, you agree to have read and accepted our terms of use, cookie and privacy policy. But the fact remains that more than a decade after those first Roadsters started rolling out, Tesla is still the only company cranking out hundreds of thousands of electric cars that people are lining up to buy. According to Bloomberg figures, consensus forecasts for Tesla of $363.92 are still well below where Tesla shares are currently trading, with just 10 analysts rating the stock a buy, compared with 10 holds and 16 sells. This chart shows the market capitalization of publicly traded car manufacturers (as of September 1, 2020). My own teenage son, a gearhead in his own right, has only one rig in mind for when it comes time for him to buy a vehicle: A Tesla Cybertruck. It is equal to the share price times the number of Shares Outstanding (EOP). * TTM gross profit is the sum of the quarterly data on a trailing 12-month or 4-quarter basis. Often, the answer is not that well, especially in terms of performance, price and design. Stefan Bratzel, a researcher at the Center of Automotive Management near Cologne, Germany, thinks the relatively low valuation of traditional automakers, compared with Tesla, is linked to uncertainty over whether they can navigate the looming industry shift. I didnt tell him to do it. Between continued optimism over iPhone sales, Microsoft's growing Teams collaboration product, Amazon's ongoing control of e-commerce and the strength of Google and Facebook's online ad duopoly, Big Tech was neither slowed by Covid-19 nor the rising number of investigations into its dominance. 3. Hes the Peter Pan CEO who never lost touch with his inner 10-year-old and all the dreams of youth: Landing on Mars, making electric cars that drive themselves, creating a world filled with unlimited energy and potential - and having fun doing it, despite the challenges and obstacles. Advertisement. The average Tesla stock price for the last 52 weeks is 209.87. Let's look at the most common valuation metric: the price-to-earnings ratio. Tesla has more short sellers than any other U.S. stock18% of its publicly available shares are sold short, according to data from market analytics firm S3 Partners. And since the only major change Tesla has to make is right or left side drive configuration depending on the country (instead of having to meet varying emissions standards and so forth), international production is more streamlined. She is also on the board of SICIT Group SpA and Novello Onlus and Member of Confindustria Nazionale. Will the Model Y be a hit? On a global scale, the stock's rally means Tesla is second only to Toyota in market valuation ($235.6 billion) and has overtakenGermany's Volkswagen group, valued at about $99 billion. NasdaqGS - NasdaqGS Real Time Price. 5. Certainly, when we compare Tesla's price-to-sales ratio to some other hot stocks in the tech sector, its valuation looks much more reasonable: The price-to-sales ratio is the only usable metric for comparison here because many of these companies, including Shopify, aren't yet profitable. Diess told top Volkswagen executives at an internal meeting in Germany last week that connected vehicles will almost double the time consumers spend online, and that cars will "become the most important mobile device.". Can I integrate infographics into my blog or website? The Tesla gigafactories now form the production baseline capacities that were missing until the Model 3, and now that two are in place with a third coming in Germany, it would appear the worst is behind Tesla in terms of making vehicles en masse. Maybe the Ford Mach E or the Rivian rigs will finally put up a fight, but for now, they are at least a year away from actual delivery in meaningful numbers and in electric car years, thats a hell of a long time and several hundred thousand more Teslas in consumers driveways. However, Tesla's P/S ratio even compares favorably to fellow electric carmaker NIO and established graphics processor specialist NVIDIA (NVDA -1.11%). * TTM operating cash flow is the sum of the quarterly data on a trailing 12-month or 4-quarter basis. Again: Its not a little more valuable than GM, its more than double the value, and having hit the magic $100 billion mark, it seems likely it will climb even higher. References and examples such as tables, charts and diagrams are constantly reviewed to avoid errors, but we cannot warrant the full correctness of all content. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. America, China, and Europe: Covered. If you have invested $1,000 in Teslas stock in 2021 (adjusted for stock split), your return on investment would be roughly flat considering the relatively stagnant market cap in the last 2 years. American Eagle Stock Has Upside Potential To Its Pre-Inflation Peak, Alibaba Stock Looks Undervalued At $80 Per Share, Money Market Yields Are Attractive And Investors Are Taking Notice, Banking On China, Argentinas Economy Minster Sergio Massa Secures Financing Ahead Of Disputed Presidential Elections, Rich Families Making Major Changes To Asset Allocation, New Reports Find, Its Okay To Completely Ignore Teslas Insane Stock Surge. "Tesla has high innovative strength regarding battery-electric vehicles as well as connectivity, which can partly explain the high market capitalization," he said in a report also published Wednesday. The Statista "Chart of the Day" currently focuses Good luck, Tesla. Elon Musk has steered his electric carmaker into new territory as the company, for the first time, is valued at more than $100 billion. Ive been watching Tesla and its colorful leader, Mr. Elon Musk, since I first saw an original Roadster in the TV station parking lot where I worked in 2009. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. For now, let's look at one of the most important questions for investors thinking of buying Tesla shares: Is Tesla overvalued? 800 596 815 069 480 1252. If you just look at Tesla's raw numbers, it's hard not to come to the conclusion that the company is way overvalued. Autos. Oct. 25, 2021 3:16 pm ET. And truthfully, vision is likely the wrong word here, it should probably be focus. . If too many short sellers buy the stock in tandem, as is the case with Tesla, that can in fact create higher demand and drive share prices even higher, known as a short squeeze. Including the $2.5 billion lost by Tesla short sellers on Monday, investors who bet against the electric-vehicle maker are down a total of $8.3 billion so far this year, according to S3. Summary Current debt: portion of a companys debt which is due within 1 year, Net debt: determines how well a company can pay all of its debts if they were due immediately. With a market cap of $2.29 trillion, Apple is worth roughly 8 times its revenue for the trailing twelve months. This isn't an easy question to answer. Flight simulators premier web site. You may opt-out by. Price To EBIT Ratio In October, Tesla reported its fifth consecutive quarter of profit on third-quarter revenue of $8.77 billion. Americans, so married to their gas-powered SUVs, are beginning to get the picture - and investors know it. How has Tesla surpassed Volkswagen which sells 30 times more cars? * Price to operating cash flow ratio is computed by the author based on Teslas market cap calculated earlier and TTM operating cash flow. Who would you rather buy a car from? He prodded me to put a deposit down immediately. Previously, net losses had begun to accelerate in 2014, and so did research and development (R&D) expenses. Tesla's market cap soared to over $800 billion in the 12 months leading up to January, before dropping to less than $600 billion in February. please include a backlink to the respective infographic URL. Thats now grown to $140.5 billionalmost twice the combined size of rival automakers General Motors ($48 billion) and Ford ($36 billion). The recent surge in price comes after Argus Research on Monday, Another boost came from ARK Investment Management recently, Tesla, which impressed Wall Street with rising deliveries and a, Teslas shares have steadily risen and moved ever-higher in recent months, as the company works to. Is GM Stock A Better Buy Than Tesla Stock? Tesla's enterprise multiple, or its enterprise value relative to EBITDA, exceeded 130 based on the company's last 12 months, according to Factset. * EBIT stands for earnings before interest and taxes and is also referred to as operating income. Jan 29, 2020, 07:00am EST | Press play to . Only Toyota has a higher market cap at this point. It speaks loudly to fans and followers. Harold Cunningham / Stringer / Getty Images. This may seem like a love letter to Tesla, but its not, its just observation. Tesla is currently the top producer of mainstream electric cars worldwide, which has spurred other carmakers, notably Nissan, Ford, Mercedes-Benz, Chevrolet, Fiat, BMW and others (let alone the massive shift to EV production in China) to spool up design efforts and offer their own cars, which creates an EV-hype feedback loop that again benefits Tesla since the dominant question perspective buyers ask first is: How does the car stack up to a Tesla? The title of CEO is rightfully viewed as a label that puts untouchable people in a tower above the rabble. Use is, however, only permitted with Pinterest Revenue By Region, Profitability And Margin, The Case Of A Cash Dividend By META Looks Very Promising, Teslas Operating Margins Reach New Highs, Tesla Raises Billions Of Dollars In Capital, GM Revenue By Segment, Profitability And Margin, Tesla EV Delivery Numbers Vs That Of Nio And Li Auto, Unit Trust Review Public Indonesia Select Fund (PINDOSF), Altrias historical market capitalization. 1. This makes Tesla the world's 9th most valuable company by market cap according to our data. Tesla market cap as of May 29, 2023 is $612.25B. Elon tells a fan he'll make it so. Lets take a look. BROWN / AFP). As of May 2023 Tesla has a market cap of $612.25 Billion . Print Article. A spreadsheet that presents Teslas valuation has been created on the following page. Millions. Under pressure from a global movement for greener cars, the industry is rapidly transforming away from vehicles powered by the conventional internal combustion engine to electric modes of automobility. Looking back at the last five years, Tesla's book value . Nvidia's chips are also gaining traction in the data center, where enhanced workloads require faster speeds. Any way you slice it, Tesla looks obscenely overvalued. As seen, Teslas market cap to gross profit has been on a decline, tumbling to only 27.5X as of Feb 2023. Disclosure. Cybertruck (Photo by Frederic J. 10. Tesla, though, has a wild card in the form of its non-automotive businesses, Solar Roof photovoltaic shingles and Powerwall and Megacell energy storage technology. Doesnt need oil changes? Apart from the historical valuation, you also get to see the forward valuation and a comparison between the historical and forward valuation ratios. 6-month, 1-year, 2-year, and 5-year. The seven most valuable U.S. technology companies Apple, Microsoft, Amazon, Alphabet, Facebook, Tesla and Nvidia picked up a combined $3.4 trillion in market cap in 2020, powering through . Jul 2019 - Sep 2020 1 year 3 months. The few models that do compete are typically high-end products with limited availability, limited appeal and high prices. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. Ive been a car and motorcycle guy - a gearhead - all my life, and while I dont own a Tesla, they have been on my radar ever since that parking lot encounter. and displayed without charge by all commercial and A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. These ratios are Teslas price-to-revenue or sales, price-to-book value, price-to-gross profit, price-to-cash flow, price-to-EBITDA, price-to-earnings before interest and taxes (EBIT) as well as the price-to-earnings ratio. Big numbers: Investors who bet against Teslas stock have been losing droves of money since the beginning of the yearincluding $2.5 billion on Monday alone. Microsoft picked up $480 billion, while Alphabet gained $268 billion and Facebook $193 billion. While Teslas fundamentals have been on a rise, its valuation has been on a decline. on two sectors: "Media and Technology", updated Tesla Market Cap Today's Change Current Price $201.16 Price as of May 30, 2023, 4:00 p.m. Earlier this year, Tesla became the first U.S. automaker to hit a $100 billion market cap. Excluding . Its the power output of the family-friendly Model S that embarasses exotic supercars in a drag race, the kooky-cool falcon doors of the Model X, the striking zen minimalism of the Model 3 interior, the gobsmacking sci-fi styling of the Cybertruck. Source: Tesla Q1 2020 investor update letter. 143,717,900. That's now grown to $140.5 billionalmost twice . No other major carmaker is doing this or at least not at this level, although they certainly will be in the future. ; Hilton Double Tree Venice North 1 Via Bonfadini 31021 Mogliano Veneto Italy. Johannessen-Koppitz | Bloomberg | Getty Images, Albion: Big tech has done well with or without economic stimulus, Morgan Stanley says Apple is about to unveil a $20 billion platform, raises price target, Salesforce's quarterly beat and raise shows Benioff can deliver on profitability, Big tech has done well with or without economic stimulus. Perhaps as a result of Elons clear capacity to not take himself too seriously - and to push the boundaries of whats expected from a product - Tesla cars are not just fun to drive, theyre fun to own. I believe there are some intangibles the hard numbers folks and analysts overlook when they muse on how the electric car company run by what seems like an occasionally crazy person can more than double up the market value of one of Americas industrial and financial icons. The company has been on a tear this year, with its stock price increasing more than fivefold. Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future. Tesla's valuation metrics are between eight and 23.6 times those of its nearest competitor by each metric (lower is better). I dont see legacy automaker CEOs telling their customers via any social media channel that cool stuff like video games, dancing car easter eggs or Blade Runner-themed anything is forthcoming from their factories - to say nothing of the zero-cost publicity value of tapping into the hivemind of the Minecraft collective. Elon Musk wrapping up his presentation of the newly unveiled all-electric battery-powered Tesla [+] Cybertruck (Photo by Frederic J. Data is a real-time snapshot *Data is delayed at least 15 minutes. That's despite those other carmakers selling vastly more vehicles than Tesla does; even BMW, the smallest by market cap, delivered 675,680 cars in Q3 2020, nearly five times as many as Tesla's 139,300. Tesla Valuation Spreadsheet By. ", "You go back a year and they were talking about the end of the company and now all of a sudden they are talking about these great things," Trump told CNBC on Wednesday, adding that his administration would help Tesla in "building a very big plant in the US.". Why not indeed. Meanwhile, chipmaker Nvidia more than doubled in value in 2020, closing with a market cap of $323 billion, making it the seventh most valuable tech company and number 16 overall in the U.S. Nvidia's graphics processors for gaming devices have been flying off the shelves so quickly that the company has struggled to keep up with demand. The company name is based on the physicist and inventor Nikola Tesla. * Price to gross profit ratio is computed by the author based on Teslas market cap calculated earlier and TTM gross profit. Production Volumes by market cap fundamentals have been on a trailing 12-month or basis. Above, Teslas stock no coincidence Time to Invest in Japan Reach 3 million Units in 2023 AB... 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