TSLA

Tesla Inc

Industrial/Transportation


Presented:03/27/2019
Price:$18.32
Cap:$47.47B
Current Price:$219.57
Cap:$701.45B

Presented

Date03/27/2019
Price$18.32
Market Cap$47.47B
Ent Value$70.92B
P/E RatioN/A
Book Value$2.00
Div Yield0%
Shares O/S2,590.82M
Ave Daily Vol127,710,315
Short IntN/A

Current

Price$219.57
Market Cap$701.45B
Tesla, Inc. engages in the design, development, manufacture, and sale of fully electric vehicles, energy generation and storage systems. It also provides vehicle service centers, supercharger station, and self-driving capability. The company operates through Automotive, and Energy Generation and Storage segments. The Automotive segment includes the design, development, manufacture and sale of electric vehicles. The Energy Generation and Storage segment includes the design, manufacture, installation, sale, and lease of stationary energy storage products and solar energy systems, and sale of electricity generated by its solar energy systems to customers. The company was founded by Jeffrey B. Straubel, Elon Reeve Musk, Martin Eberhard, and Marc Tarpenning on July 1, 2003 and is headquartered in Palo Alto, CA.

Please note, this stock split on 08/31/2020 at a ratio of 5/1. The presented data has been updated to account for the change, however, the text of the note may refer to data based on the original presented price of $274.83.

Please note, this stock split again on 08/25/2022 at a ratio of 3/1. The presented data has been updated to account for the change, however, the text of the note may refer to data based on the already adjusted original presented price of $54.97.

Publicly traded companies mentioned herein: Bayerische Motoren Werke AG (BMW GR), Daimler AG (DAI GR), Nissan Motor Co Ltd (7201 JP), Tesla Inc (TSLA), Volkswagen AG (VOW GR), Volvo AB (VOLVB SS)

Highlights

In the presenter’s opinion, Elon Musk and Tesla (TSLA) have finally reached the end of the road, so to speak. He is short the stock and sees a high probability of the company running out of cash this year (i.e., it could, if his thesis is correct, need to file for bankruptcy protection in 2H’19). The justification for his thinking, and basis for a $0 price target, include: demand and inventory issues; actions inconsistent with how a growth company normally operates; brand erosion; increasing competition; high cash burn and an inability to raise [enough] capital; weak corporate governance; and both liability and fraud risk.

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Idea Discussion

Commentor 1 - 2 weeks ago

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