TSLA

Tesla Inc

Industrial/Transportation


Presented:11/29/2022
Price:$180.83
Cap:$571.02B
Current Price:$219.57
Cap:$701.45B

Presented

Date11/29/2022
Price$180.83
Market Cap$571.02B
Ent Value$905.55B
P/E Ratio55.87x
Book Value$12.62
Div Yield0%
Shares O/S3,157.75M
Ave Daily Vol76,778,945
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 and energy generation and storage systems. It also provides vehicle service centers, Supercharger stations, and self-driving capability. The company operates through the following segments: Automotive and Energy Generation and Storage. The Automotive segment includes the design, development, manufacture, sale, and lease of electric vehicles as well as sales of automotive regulatory credits. 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. It develops energy storage products for use in homes, commercial facilities, and utility sites. The company was founded by Jeffrey B. Straubel, Elon Reeve Musk, Martin Eberhard, and Marc Tarpenning on July 1, 2003, and is headquartered in Austin, TX.

Publicly traded companies mentioned herein: Tesla Inc (TSLA)

Highlights 

The presenter is short shares of Tesla Inc (TSLA) on the prediction that the company’s orders, particularly in China, are declining significantly in the current and subsequent quarters, and that this will have a meaningful impact on gross margin. Tesla has been a high-20% gross margin company for more than a year now. The presenter thinks gross margins decline to 23%-24% in the next several quarters. The company missed on expected gross margin in Q3 and he expects to see a bigger miss in Q4 and Q1 of next year as orders slow.

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Idea Discussion

Commentor 1 - 2 weeks ago

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