TSLA - Tesla, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
573.00
+24.16 (+4.40%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Neutralpattern detected
Gap Up

Gap Up

Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close548.84
Open562.09
Bid594.50 x 3200
Ask596.00 x 1200
Day's Range557.11 - 575.18
52 Week Range176.99 - 968.99
Volume13,650,000
Avg. Volume20,650,958
Market Cap105.655B
Beta (5Y Monthly)0.73
PE Ratio (TTM)N/A
EPS (TTM)-4.92
Earnings DateApr 21, 2020 - Apr 26, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est454.57
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • Why Chanos Is 'Bemused' by PE Push for Help and Still Shorting Tesla
    Bloomberg

    Why Chanos Is 'Bemused' by PE Push for Help and Still Shorting Tesla

    Apr.09 -- Legendary short-seller Jim Chanos, Kynikos Associates founder, discusses the state of private markets amid the coronavirus pandemic, why he is still bearish on Tesla Inc. and the sectors he is shorting with Bloomberg's Scarlet Fu and Joe Weisenthal on "Bloomberg Markets: What'd You Miss?"

  • Bloomberg

    Singapore Stops Zoom for Home-Schooling After Hacking Report

    (Bloomberg) -- Singapore halted the use of Zoom Video Communications Inc.’s video-conferencing application for home-based school education following reports of hackers breaching some of the sessions and posting obscene images.“These are very serious incidents,” Aaron Loh, divisional director of the educational technology division at the city-state’s Ministry of Education, said in an emailed reply to Bloomberg News queries. “MOE is currently investigating both breaches and will lodge a police report if warranted,” he said.The action comes as harassers breached some e-learning modules and displayed obscene images in the sessions, the Straits Times reported on Thursday. Zoom is focused on ramping up the security of its application to win back trust and clients it has lost due to privacy concerns, Chief Executive Officer Eric Yuan said in an interview with Bloomberg TV this week.On Wednesday, Taiwan instituted a ban on the use of Zoom for official government communications and remote meetings, joining Elon Musk’s Tesla Inc. and SpaceX as well as the New York City Department of Education in prohibiting the app. Cybersecurity and privacy concerns were at the root of their actions, and Singapore’s experience with insecure video-conferencing lessons adds to the company’s unhappy record.“We recently changed the default settings for education users enrolled in our K-12 program to enable virtual waiting rooms and ensure teachers are the only ones who can share content in class,” a Zoom spokesperson said. The company is also adding a new “Security” icon to the app’s toolbar for all users, giving quicker access to security features.Read more: Zoom Sued for Fraud As Scrutiny Mounts Over Security Flaws(Updates with Zoom response and other bans from fourth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Bloomberg

    Tesla Prices Longer-Range Model 3 to Attract More China Buyers

    (Bloomberg) -- Tesla Inc. set a price for its longer-range variant of its locally-built Model 3 sedans in China just 13% higher than its entry-level model, a sign that the carmaker is setting competitive prices in order to attract even more consumers in the world’s largest electric vehicle market.The four-door vehicle sells for 366,550 yuan ($52,000) before rebates, according to Tesla’s website, and is designed to have a range of about 668 kilometers (415 miles) on one charge. That compares with about 450 kilometers for the current basic version that starts at 323,800 yuan.After subsidies from the Chinese government and qualifying for exemption from purchase tax, the price of the upgraded Model 3 variant starts at 339,050 yuan. By comparison, the imported equivalent was priced at 439,900 yuan. The longer-range Model 3s are set to be delivered from June.The longer-range electric model could help Tesla fend off competition from other global automakers, including Volkswagen AG and BMW AG and local rivals struggling to sell cars during the coronavirus pandemic. Registrations of Tesla vehicles have declined for two consecutive months in China, showing the U.S. carmaker isn’t immune to the broader auto-industry slump.Tesla also plans to start delivering another variant, a locally-built performance Model 3, in the first quarter of 2021. That will be more expensive, starting with a pre-subsidy price of 419,800 yuan. Final prices will be decided in accordance with state policy upon its official launch, and the product is awaiting state approvals.Thanks to aid from local authorities, Tesla’s factory in China has recovered from a virus-related shutdown faster than many industry rivals. The California-based company’s shipments in China jumped last month to 10,160 units, according to the China Passenger Car Association, though it’s unclear how many of those vehicles were sold to customers as the figure broadly reflects the number of cars leaving the factory.“With the local production of longer-range and performance versions, Tesla has completed local production of all its variants of Model 3 in China,” the company said in a statement, “Tesla is going to push deeper into the Chinese market with a greater variety of products and services.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Tesla expands locally made line-up, blunting trade war impact
    Reuters

    Tesla expands locally made line-up, blunting trade war impact

    U.S. electric vehicle maker Tesla Inc said on Friday it has started China sales of two more Model 3 variants built at its Shanghai plant, meaning all Model 3 sedans sold in the country are now locally made and not subject to import tax. The development comes at the tail end of a Sino-U.S. trade war characterised by tit-for-tat tariffs on goods and services as varied as metals and cars, which bumped up prices of U.S. made goods in China. It also comes after Tesla suspended production at its San Francisco Bay Area plant due to the broader impact of the coronavirus, with plans to resume normal operation on May 4.

  • Bloomberg

    Jim Chanos Says He’s ‘Outraged’ Private Equity Giants Want Taxpayer Aid

    (Bloomberg) -- Legendary short-seller Jim Chanos said he’s troubled that private equity is seeking financial aid from the federal government due to the economic impact of the coronavirus epidemic.“‘I’m a little bemused, puzzled and somewhat outraged, I guess, that private equity would be pushing to the front of the line to try to get taxpayer assistance,” he said in an interview Thursday on Bloomberg Television.The Federal Reserve’s move Thursday to throw a lifeline to small and mid-sized businesses and fund the purchases of some types of high-yield bonds has has been seen by some market participants as helping the private equity firms who owns some of these companies. Those firms earlier this week were dealt a setback in their attempt to gain access to billions of dollars of loans that the U.S. government is doling out to help businesses hit hard by the pandemic, Bloomberg reported.Chanos said a look at the year-end letters for the four biggest publicly-traded private equity firms showed they had more than $300 billion in dry powder to put to use.“I think private equity is possibly at a crossroads similar to where hedge funds were post the global financial crisis,” said Chanos, who runs hedge fund Kynikos Associates. “People are going to start to judge the high fees and the illiquidity and think: ‘Am I really getting the return commensurate for the risk?”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Jim Chanos Says Tesla Should Trade Like a Carmaker, Not Tech Company
    Bloomberg

    Jim Chanos Says Tesla Should Trade Like a Carmaker, Not Tech Company

    (Bloomberg) -- Short seller Jim Chanos predicted Tesla Inc. will lose money again this year and believes investors will eventually trade the stock more like a carmaker than a tech company.“It has to lay people off like a car company, not like a Silicon Valley software company,” Chanos, the president of Kynikos Associates, said of Tesla on Bloomberg Television. “It has manufacturing plants like a car company. It’s got a lot of debt like a car company. So investors can try, can convince themselves all they want, that this is a software company or this is some leading-edge technology company. Sadly, the numbers belie that.”Read more on Chanos being ‘outraged’ private equity giants want aidChanos has been publicly short Tesla for several years. When the electric-car maker was in the process of merging with SolarCity Corp. in September 2016, he said the combined company would be a “walking insolvency.” As Chief Executive Officer Elon Musk was struggling to ramp up production of the Model 3 sedan in late 2017, Chanos predicted Tesla was “headed for a brick wall.”Musk acknowledged almost a year later that Tesla had narrowly avoided insolvency, though the company is now on much firmer footing. It’s selling the Model 3 in volumes no other automaker has seen with an electric vehicle, and two quarters of profit sent the shares soaring from late last year through mid February.While the spread of the coronavirus wiped out a fair amount of gains, the stock is still up 37% this year and 125% since Oct. 23, when the company reported earnings for the third quarter of last year.“So far,” Chanos said, betting against Tesla “has not been the correct call, I will admit.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Tesla Registers Record March Sales in China
    GuruFocus.com

    Tesla Registers Record March Sales in China

    The company had a good month in spite of coronavirus outbreak Continue reading...

  • 5 Auto Companies With the Strength to Zoom Past Covid-19's Finish Line
    GuruFocus.com

    5 Auto Companies With the Strength to Zoom Past Covid-19's Finish Line

    China's passenger car association reports record Tesla vehicle sales for March Continue reading...

  • Here's How To Find The 'Tesla Stock' Of Tomorrow's Bull Market Uptrend
    Investor's Business Daily

    Here's How To Find The 'Tesla Stock' Of Tomorrow's Bull Market Uptrend

    Among IBD's eight top chart patterns, the high tight flag might be the rarest and most powerful. Here's a winning example of a breakout in Tesla stock.

  • Toyota Extends Factory Closures on Growing Coronavirus Scare
    Zacks

    Toyota Extends Factory Closures on Growing Coronavirus Scare

    Toyota (TM) pushes back the restart of plants in North America ??? including Canada, Mexico and the United States ??? by an additional two weeks.

  • The Zacks Analyst Blog Highlights: Tesla, Zoetis, Target, Boston Scientific and Moody's
    Zacks

    The Zacks Analyst Blog Highlights: Tesla, Zoetis, Target, Boston Scientific and Moody's

    The Zacks Analyst Blog Highlights: Tesla, Zoetis, Target, Boston Scientific and Moody's

  • Tesla Scored Record China Sales In March, Says Industry Association
    SmarterAnalyst

    Tesla Scored Record China Sales In March, Says Industry Association

    Tesla (TSLA) sold 10,160 vehicles in China in March, according to the China Passenger Car Association (CPCA)- a big leap from the 3,900 vehicles sold in February. This would mark the company’s highest ever monthly sales in the world’s largest auto market.According to Cui Dongshu, CPCA’s secretary general, Tesla sales now account for about 30% of the battery electric vehicles sold in China. Ultimately the company plans to produce 150,000 Model 3 sedans from its Shanghai factory.Indeed, Tesla’s $2 billion Shanghai plant recovered from the coronavirus shutdown faster than peers due to local authority assistance. After resuming operations in February, the factory surpassed its pre-shutdown capacity, making 3,000 cars a week, the company revealed last month.Meanwhile Tesla recently decided to furlough non-critical employees without pay and temporarily cut executive salaries as much as 30%.The move is designed to enable the company to conserve funds while the coronavirus pandemic has caused much of its operations to be suspended. According to the company memo, Tesla plans to resume vehicle production on May 4 at its US facilities.Analysts remain divided on the outlook for TSLA stock. According to TipRanks, the stock has received no less than 10 sell ratings in the last three months vs 15 hold ratings ad 5 buy ratings. The $499 average analyst price target suggests shares could pull back over 9%. (See Tesla’s stock analysis on TipRanks)Staying on the sidelines, Baird analyst Ben Kallo reiterated his TSLA hold rating and $525 price target on April 6. Following a study of the 2008 recession, and its impact on vehicle demand, he argued that Tesla “may be underestimating potential longer-term ramifications.”According to Kallo, in 2008 it took ~5 years for peer auto sales to recover to prerecession levels. “That said, we do think TSLA could fare better than luxury peers, with new products/geographies driving growth, a potentially widening EV competitive advantage, and OTA updates keeping vehicles fresh” he added.Related News: Costco Reports Strong March Delivery With $1.5 Billion Sales Bump Disney+ Hits New Milestone With 50 Million Paid Subscribers Starbucks Feels The Pain; Expects 46% Fall In Earnings, Pulls Full Year Guidance More recent articles from Smarter Analyst: * Amazon Begins Building Covid-19 Testing Facility * Chesapeake Energy Sets Date For Reverse Stock Split, Stock Down 80% YTD * Prudential Financial Announces $1.9 Billion Sale of Prudential of Korea * Global Net Lease Approves Poison Pill Plan, Cites Covid-19 Volatility

  • Reuters

    PRESS DIGEST- Wall Street Journal - April 9

    The following are the top stories in the Wall Street Journal. - Bernie Sanders, the progressive whose two campaigns for president pulled the Democratic Party to the left, ended his White House bid Wednesday, leaving former Vice President Joe Biden as the party's presumptive nominee for the 2020 election. - Tesla Inc is furloughing workers and cutting salaried employees' pay more than two weeks after it was forced to shut down production of its lone U.S. car assembly factory amid the coronavirus pandemic.

  • Tesla (TSLA) Gains But Lags Market: What You Should Know
    Zacks

    Tesla (TSLA) Gains But Lags Market: What You Should Know

    Tesla (TSLA) closed at $548.84 in the latest trading session, marking a +0.62% move from the prior day.

  • Barrons.com

    Tesla Says It Will Restart Production in May. Will the Economy Be Open?

    That’s good news for investors, who have been concerned about the auto maker’s cash and liquidity and wondering how long the Covid-19 pause will last. But will the economy be open?

  • US STOCKS-Wall St rallies on hopeful coronavirus signs, healthcare lift
    Reuters

    US STOCKS-Wall St rallies on hopeful coronavirus signs, healthcare lift

    U.S. stock markets jumped on Wednesday on hopeful signs about the coronavirus outbreak in the United States was close to a peak, with health insurers getting an additional lift from Bernie Sanders' decision to suspend his presidential campaign. Stocks opened higher after President Donald Trump said Americans might be getting to the top of the "curve" in relation to the outbreak. New York Governor Andrew Cuomo said the state's efforts at social distancing were working in getting the virus under control in one of the biggest hotspots in the country.

  • Top Research Reports for Tesla, Zoetis, Target
    Zacks

    Top Research Reports for Tesla, Zoetis, Target

    Top Research Reports for Tesla, Zoetis, Target

  • Reuters

    US STOCKS-Wall St recovers ground as Sanders gives health insurers a boost

    U.S. stock markets rose on Wednesday on hopes the coronavirus outbreak in the United States was close to its peak, with health insurers boosted by Democratic presidential candidate Bernie Sanders suspending his campaign. After the worst March for decades, the past two weeks has seen Wall Street's main markets recover some poise, although its main indicator of future volatility remains historically high. UnitedHealth Group Inc, Anthem and Cigna jumped between 5.5% and 8%, as the healthcare index provided one of the biggest boosts among the 11 major S&P 500 sectors.

  • Reuters

    US STOCKS-Wall St climbs on hopes of outbreak peaking, Sanders suspending White House bid

    Wall Street rose on Wednesday on hopes the coronavirus outbreak in the United States was close to its peak, with health insurers boosted by Democratic presidential candidate Bernie Sanders suspending his campaign. UnitedHealth Group Inc, Anthem and Cigna jumped between 4% and 7%, and the healthcare index provided one of the biggest boosts among the 11 major S&P 500 sectors. Sanders' embrace of a Medicare for all healthcare policy would have essentially abolished private insurance and had cast a shadow on healthcare stocks for months.

  • Coronavirus Stock Market Rally: Dow Jones Gains 600 Points After Bernie Sanders Drops Out; Apple, Microsoft Key Gainers
    Investor's Business Daily

    Coronavirus Stock Market Rally: Dow Jones Gains 600 Points After Bernie Sanders Drops Out; Apple, Microsoft Key Gainers

    The major stock indexes were broadly higher early Wednesday, as the stock market rally continues. U.S. virus cases topped 400,000.

  • Amid coronavirus pandemic, Tesla cuts some senior employees' salaries by 30% and furloughs hourly workers
    American City Business Journals

    Amid coronavirus pandemic, Tesla cuts some senior employees' salaries by 30% and furloughs hourly workers

    Electric carmaker Tesla Inc. is slashing pay for all salaried employees until the end of the second quarter and furloughing hourly workers until May 4.

  • Tesla Plans Pay Cuts & Worker Furloughs on Coronavirus Crisis
    Zacks

    Tesla Plans Pay Cuts & Worker Furloughs on Coronavirus Crisis

    Tesla (TSLA) puts wage adjustments and equity grants on hold amid COVID-19 concerns.