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Tesla, Inc.
S&P 500 Nasdaq 100
$1.17T
Market Cap
416.4
P/E
6.85
PEG
6.1%
ROCE
4.9%
ROE
0.18
D/E
4.6%
OPM
-26.7%
% from 52W High
26
α RS
🔍 TSLA is showing a high-conviction setup because it matches 4 of 39 tracked screener presets and it's hugging the 21 EMA. The main caution: fortress_balance's Backtest win rate is only 49.4%. Net: Mixed signal stack, not a recommendation. ? Conviction Technicals Backtest
Sources
Conviction 4/39 · hugging 21 EMA · Backtest win rate 49.4%
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🌏 Global Investor Returns
Currency-adjusted total returns for TSLA including FX impact
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive; and Energy Generation and Storage. The company offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty maintenance services and collision, automotive insurance services, as well as part sales and retail merchandise sale. It also provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; purchase financing and leasing services; services for electric vehicles through its company-owned service locations and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. In addition, the company engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners. Further, it provides services and repairs to its energy product customers, including under warranty and extended service plans; and various financing options to its residential customers; lithium-ion battery energy storage products, such as Powerwall and Megapack; energy generation products, including solar panels and solar roof; self-driving development and artificial intelligence software, vehicle control and infotainment software, and battery and powertrain. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.

Key Ratios Snapshot
📈 Growth Pattern
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⭐ Superinvestors Holding TSLA
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Manager Shares Value % of Fund Period
Cathie Wood ARK Investment Management 2.83M $1.1B 8.18% Mar 2026
Andreas Halvorsen Viking Global Investors 2.49M $927.0M 2.59% Mar 2026
Jim Simons Renaissance Technologies LLC 211.3K $78.5M 0.12% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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Mixed quarter Investor Presentation One-Pager? Q2 2026
FSD Paid Customers
~1.5M globally
55% purchase / 45% subscription
Energy Storage Deployments
13.5 GWh
+53% QoQ
Automotive Gross Margin ex credits
16.3%
-2.9pp QoQ
Unsupervised Robotaxi Miles
380,000+
Zero notable incidents
What Went Right
  • Record Q2 deliveries with sequential growth of 60% in Americas, 27% in APAC and 12% in EMEA.
  • Robotaxi fleet drove 380,000+ unsupervised miles with zero notable incidents and >10% weekly mile growth.
  • FSD paid customers reached ~1.5M; 55% of North American deliveries in Q2 had FSD subscription enabled at delivery.
What to Watch
  • Automotive gross margin ex credits fell to 16.3% from 19.2% QoQ; the prior quarter's $230M warranty/tariff benefit did not repeat.
  • Energy gross margin dropped from 39.5% to 20.4% due to a $240M warranty true-up, non-repeat of tariff benefits and ASP pressure.
  • Free cash flow was negative as CapEx more than doubled QoQ; 2026 CapEx is guided above $25B and expected to keep growing.
Management Guidance
  • Full-year 2026 CapEx expected to be more than $25B and to grow for the next two to three years.
  • Energy gross margins expected to normalize in the mid-to-low 20% range over the long term.
  • No explicit next-quarter revenue or operating margin guidance was provided.
Investor Lens
The call strengthens the long-term autonomy/robotics thesis: Robotaxi miles are compounding at double-digit weekly rates with no notable incidents, FSD is driving vehicle demand, and Optimus is moving closer to production. However, near-term financials are under pressure — automotive and energy margins fell, free cash flow is negative and CapEx is rising sharply. The investment case now hinges on executing the Robotaxi scaling and Optimus ramp without further margin erosion or cash burn spiraling out of control.
From investor presentation · AI-generated analysis · Not investment advice
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📊 MIXED Record deliveries and Robotaxi growth offset by margin compression and negative FCF
Revenue
Not discussed. Tesla did not disclose total revenue figures in the call; results were referenced to the published update deck.
Profitability
Net income was positively impacted by a $1B mark-to-market gain on SpaceX holdings, offset by roughly $300M in FX losses and about $100M in Bitcoin losses. No aggregate net income or EPS figure was stated in the call.
Margins
Automotive gross margin excluding regulatory credits fell to 16.3% from 19.2% QoQ; excluding the prior quarter's $230M benefit, it was roughly flat. Energy gross margin declined to 20.4% from 39.5% due to a $240M warranty true-up, non-repeated tariff benefits and lower industrial storage ASPs. Service and other margins reached an all-time high of 14.1%.
Balance Sheet
Free cash flow was negative in Q2 because CapEx more than doubled sequentially. Management expects 2026 CapEx to exceed $25B and to keep rising, and it secured debt facilities giving up to $30B of additional borrowing capacity.
Key Risks
Management flagged supply chain constraints beyond batteries, including electronic components, rising commodity prices and higher interest-rate subvention costs. Analysts also raised concerns about state-by-state Robotaxi regulation, the difficult Optimus manufacturing scale-up and the drag from energy warranty/tariff items.
Outlook
No explicit next-quarter revenue guidance was provided. Tesla expects Robotaxi miles to continue compounding at more than 10% weekly, energy margins to normalize in the low-to-mid 20s, and operating expenses and CapEx to keep rising through 2026 and beyond.
Generated by AI · Q2 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-07-22
Record Q2 deliveries and strong FSD demand drove growth, while energy deployments surged but margins declined due to warranty and pricing pressures. CapEx more than doubled, with major investments in Robotaxi, Optimus, and AI infrastructure, and supply chain and regulatory risks remain key challenges.
Q1 2026 Q1 2026 2026-04-22
Q1 2026 saw strong global demand, record order backlog, and improved auto margins, but energy storage deployments declined sequentially. Over $25B in CapEx is planned for 2026, with negative free cash flow expected as major investments ramp up.
Q4 2025 Q4 2025 2026-01-28
Q4 2025 saw improved automotive margins, record energy revenue, and a strategic pivot toward autonomy, robotics, and AI. Major CapEx is planned for 2026, with Model S/X production ending and new investments in chip and robot manufacturing to address supply and geopolitical risks.
Q3 2025 Q3 2025 2025-10-22
Record Q3 results driven by strong global deliveries, energy storage, and AI initiatives. Margins and free cash flow improved, with significant progress in FSD, Robotaxi, and Optimus. Expansion plans target 3 million annualized vehicle capacity and continued AI-driven growth.
Q2 2025 Q2 2025 2025-07-23
Q2 saw a successful Robotaxi launch, strong Model Y sales, and 19% sequential automotive revenue growth despite $300M in new tariffs. FSD adoption rose 25%, and energy margins hit records, but near-term challenges loom from expiring U.S. EV credits and tariffs.
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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
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Information Sources:
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