TSLA

Tesla Inc

Industrial/Transportation


Presented:04/10/2019
Price:$18.40
Cap:$47.68B
Current Price:$219.57
Cap:$701.45B

Presented

Date04/10/2019
Price$18.40
Market Cap$47.68B
Ent Value$70.92B
P/E RatioN/A
Book Value$2.00
Div Yield0%
Shares O/S2,590.82M
Ave Daily Vol131,972,625
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 $276.06.

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 $55.21.

Publicly traded companies mentioned herein: Bayerische Motoren Werke AG (BMW GR), Nio Inc (NIO), Tesla Inc (TSLA), Wells Fargo & Co (WFC)

Highlights

In the presenter's opinion, Tesla is poised to “annihilate” lowered expectations post-Q1 '19, as its technology is far better than any other technology in the market. He is long the stock with an open-ended time horizon. While Elon Musk can be frustrating and Tesla must work through some self-inflicted wounds (e.g., the aftermath of hastily announcing a retail shutdown and the Q1 ‘19 price changes), the company has $2B in cash, ~2 weeks of inventory, a material cost advantage on batteries relative to the “competition,” and multiple potential catalysts this year that should drive upside for shareholders (assuming the volatility can be tolerated).

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Idea Discussion

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