For perspective, even Toyota, which has the most well-oiled supply chain in the automotive business, had to slash worldwide vehicle production by 40% in September on account of the global semiconductor shortage. On the flip side, for a more balanced, risk-adjusted view see our analysisTesla Valuation: Jump Into Tesla, Wait, Or Get Out? Its not even close: we lay out the numbers on how big could self-driving be, and contrast with others in our interactive dashboard analysis:Just How Far Ahead Is Tesla In The Self-Driving Race? Tesla stock goes up and down but if it retains the momentum it has enjoyed in the last 12 months, its market capitalization could hit $2 trillion in the next year. Tesla joined the ranks of Alphabet, Microsoft, Apple, Amazon.com, and Facebook with a market capitalization north of $1 trillion. Chart. . Strange that [the Hertz order] moved valuation, as Tesla is very much a production ramp problem, not a demand problem.. Data for each company is in the table . The "Close/Last" is the "adjust consolidated. Then you can access your favorite statistics via the star in the header. To use individual functions (e.g., mark statistics as favourites, set Statista. Dec 2013 Dec 2015 Dec 2017 Dec 2019 Dec 2021 400 B 800 B 1,200 B Performance Summary Tesla's market cap is $567.8 billion. Tesla Inc 's Competitiveness TSLA Sales vs. its Competitors Q3 2022 Comparing the results to its competitors, Tesla Inc reported Total Revenue increase in the 3 quarter 2022 by 55.95 % year on year. (Source: Fox Business) Tesla reached the astronomical figure on October 25th, 2021. What To Expect From Prudential Financial Stock. According to a recent report by investment firm Goldman Sachs, the nominal trading value of Tesla options averaged $241 billion a day in recent weeks. That said, the ongoing supply chain issues and the planned opening of the Texas and Berlin production facilities in the coming months could put some pressure on Teslas costs. The automotive industry, for a long time, neglected electric cars, but it seems that the window of opportunity is slowly closing. for more details on Teslas valuation and how it compares with peers. With a market cap of about $1 trillion, Tesla trades at a relatively lofty 120x projected 2022 earnings and is essentially valued higher than the ten largest automotive companies combined. Fred Lambert | Aug 15 2022 2:34 pm PT. In comparison, rival autonomous driving tech companies Waymo and GMs Cruise drove just, Teslas autonomous driving hardware is based on mature technology such as. Use Ask Statista Research Service, Tesla's vehicle sales by quarter YTD Q3 2022, Automotive manufacturers - estimated market share in the U.S. 2021, Most valuable automotive brands worldwide by brand value 2022, Tesla's vehicle production by quarter YTD Q3 2022. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. Accident data compared over the last three years, in terms of total miles driven with Autopilot engaged, has also been on the decline. Tesla will be a $1 trillion company by the end of 2021, says Wedbush analyst Dan Ives. We have increased our price estimate for Tesla stock marginally to about $610 per share, taking into account the companys stronger revenue growth, expanding margins, and upside from software sales. Can you believe that? Investors are likely betting that the disruption caused by Covid-19 could solidify Teslas position as the leading electric and autonomous driving play two separate, and perhaps the most powerful trends in the auto industry. The company's reliance on bonds, which require regular payments, has lessened. In, PwC. Revenue is also likely to rise by about 13% on a sequential basis. By Wayne Cole. ", Morningstar.com. Tesla, Inc. (TSLA) Stock Price, News, Quote & History - Yahoo Finance U.S. markets closed S&P 500 3,934.38 -29.13(-.73%) Dow 30 33,476.46 -305.02(-.90%) Nasdaq 11,004.62 -77.39(-.70%) Russell. ET. Still, our $600 billion-plus market cap estimate for Tesla is almost 2x the market cap of Toyota, the most valuable mainstream auto company. As a Premium user you get access to background information and details about the release of this statistic. See our analysis on See our analysis onTesla Valuation: Is TSLA Stock Expensive Or Cheap? 2021 2020 2019; Cash . When you look at a more traditional metric like the number of cars sold, Tesla is tiny less than 400K cars sold last year, while many of the bigger companies, Honda, GM, Ford, Toyota, each sold over 5 million cars. AU $21.40. Buy? And it isn't just about joining the 4 commas ($1,000,000,000,000) club; Tesla did it faster than the other members: So how did Tesla deliver despite the odds? There is data that indicates that Teslas driver assistance systems actually make its cars safer. If you are an admin, please authenticate by logging in again. The Russell Top 200 Index tracks the stock market performance of the 200 largest companies included in the Russell 3000 index. Show publisher information Stronger Than Expected Inflation Could Send Stocks Lower. Back then, this figure stood at under $45bn, with analysts remaining sceptical on the business' future. "7 Reasons Why Short Sellers Are Betting Against Tesla. Invest with Trefis Market Beating Portfolios. It has annual revenues of $53.82 billion and income of $5.52 billion. Tesla is slated to report deliveries for Q3 2021 in early October, and with the company fairly consistently creating new quarterly delivery records, investors are likely anticipating another strong quarter. (Photo by Smith Collection/Gado/Getty Images). You can only download this statistic as a Premium user. As the Journal wrote, [Renting Tesla Model 3s from Hertz] promises to expose more mainstream drivers to Teslas technology., Stoking long-term demand for Tesla is good for investors betting on its stock. Those two trends result in a quickly increasing market share for Tesla in the largest markets. See our analysisWhat To Expect From Teslas Q3 2021 Earnings? The sales growth was above Tesla Inc 's competitors average revenue growth of 42.79 %, recorded in the same quarter. The companies that are still into hydrogen to this very day appear to be disconnected from reality the most. CBOE Volatility Index (VIX): What Does It Measure in Investing? 2021, 3:39 PM UTC Updated on May 19, 2021, 8:22 PM UTC. Tesla stock(NASDAQ: TSLA) is up over 150% year-to-date, with its market cap crossing $200 billion. (May 31, 2022). Tesla stock climbed as much as 5% to a fresh high on Monday, boosting the electric-car company's market capitalization to north of $700 billion. That said, its possible that Tesla could see some pressure due to the ongoing component supply crunch and rising logistics costs. This makes Tesla the world's 7th most valuable company by market cap according to our data. Teslas China progress despite headwinds is a source of future growth. Tesla continues to make solid progress on this front, reporting that its vehicles had logged a total of 3 billion miles on Autopilot as of April 2020 up from a cumulative 1 billion miles it reported in late 2018. " Tesla Inc. Form 10-K for the fiscal year ended December 31, 2021 ," Page 50. Having delivered over 780k vehicles since its inception, most of which come with pre-installed self-driving capabilities that users can unlock by paying for software, the company has developed a meaningful self-driving business. [5]While Waymo has been testing, Tesla is simply doing it! Typically, options are a risky bet on an underlying equity's future price movement. Autonomous driving cars have emerged as a hot buzzword in the automotive industry over the last few years, with companies ranging from mainstream automakers such as General Motors to Silicon Valley startups such as Waymo (backed by Alphabet) looking to make a dent in the market. Company. Get Tesla Inc (TSLA.O) real-time stock quotes, news, price and financial information from Reuters to inform your trading and investments . Please do not hesitate to contact me. Indeed if the popular appeal of Musk is not strong enough, Hertz said it is partnering with Super Bowl champion Tom Brady who just set a record 600 touchdown passes to market its electric-vehicle rentals. We think there could be three broad reasons. Although Tesla has typically been more sensitive to market declines, being a high multiple, high growth stock, it has held up better through the current volatility. Annual car sales worldwide 2010-2022, with a forecast for 2023, Number of cars sold in the U.S. 1951-2021, Battery electric vehicles in use worldwide 2016-2021, Annual gas prices in the United States 1990-2021, Automotive industry worldwide - statistics & facts, Motorcycles in the United States - statistics & facts, Research Expert covering transportation and logistics, Profit from additional features with an Employee Account. It also provides vehicle service centers, Supercharger. GW2F-50-A11 Front Bumper Tow Hook Eye Cover Silver Tone for Mazda 6 2017-2021. Market News. At present, that world does not exist, making Tesla's current valuation seem outlandish. You need a Statista Account for unlimited access. The leverage risk, inherent in most options, is reflected in a stock's price volatility. Profit from the additional features of your individual account. Rear Bumper Tow Eye Bracket Hook Cover Fit For 2020 2021 2022 Benz W247 GLB250. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth. Tesla repeated its previous guidance of achieving 50% average annual growth in vehicle deliveries over a multi-year horizon. Published December 02, 2021 In January 2020, Tesla, Inc. ( TSLA) was valued at $117 billion by the stock market. "Tesla's market capitalization between March 31, 2020 and 2022 (in billion U.S. The Data Say Recession And Inflation Is Cratering But This Fed Continues To Raise Rates. Teslas total autonomous miles logged has grown exponentially from 0.1 billion in May 2016 to an estimated. Tesla publishes vehicle safety reports every quarter, and based on its Q1 2021 data, it said that it registered one accident for every 4.19 million miles driven with Autopilot engaged, compared to one accident for every 2.05 million miles driven without Autopilot, but with the companys other active safety features. While it has artificially inflated the company's valuation, the financial juggernaut machine behind Tesla's wild pandemic ride in the markets has also helped bolster the company's fundamentals. See our analysis onTesla Chance of Risefor more details. "Why Investors Can't Ignore Tesla. Now, is Tesla stock poised to grow? In this analysis, we compare Teslas miles logged with rivals and size up the near-term revenue potential for its autonomous driving software. Financial Times Stock Exchange Group (FTSE): Definition. Home About Shop . [3]This is probably something mass-market automakers cant do so easily. Financial Times Stock Exchange Group (FTSE) is a British company specializing in index offerings for the global financial markets. Market Cap. Tesla See our analysis onTesla Valuation:Is TSLA Stock Expensive Or Cheap? As such, they'll readily point out that Tesla's market cap is larger than the next seven largest. Five Days: TSLA 5.2%, vs. S&P 500 0.07%; Outperformed market, Ten Days: TSLA 4.4%, vs. S&P 500 -2.3%; Outperformed market, Twenty-One Days: TSLA 9.2%, vs. S&P 500 -3.6%; Outperformed market. Companies: $83.299 T ETFs: $6.422 T Cryptocurrencies: $913.62 B Gold: $11.91 T Compare Flippenings USD Sign in All Assets 17692 Companies 7128 ETFs 2273 Cryptos 8287 Metals 4 Over 16,000 Assets ranked by Market Cap As of today, the total value of all assets tracked by 8Marketcap is $104.455 T, up 0.17% today and down -1.65% over the last 7 days. A change of 5.2% or more over five trading days has a 26% event probability, which has occurred 663 times out of 2516 times in the last ten years. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Please create an employee account to be able to mark statistics as favorites. At its current price of roughly $840 per share, the stock trades at around 155x consensus 2021 earnings and about 16.5x 2021 revenues. In recent quarters, sales of the Model 3 have declined while demand for the Model Y hatchback to be built at plants in Austin and near Berlin, Germany has increased. The barriers to entry arent too high, the products are not too complex compared to internal combustion engines and mainstream automotive companies are investing in building massive scale. ", Wall Street Journal. That being said, Tesla stock still has momentum on its side, and if the company is able to deliver an earnings beat, its likely that the stock will see further gains. Are Bank Stocks Sending A Market Warning? What Next? Is this a good time to jump into Tesla stock? . Free postage. for a detailed overview of revenue and earnings estimates for the company and how it ties to Teslas valuation. While Tesla's stock is prone to wild swings, its rise has also been accompanied by a corresponding change in the perception of risk in the markets. Let that sink in for a moment. Aside from 2020, Tesla was able to consistently increase sales at a pretty high rate and its long-term goal is to achieve 50% average annual growth in vehicle deliveries. By Wolf Richter for WOLF STREET. While the reported crashes are obviously concerning, safety-related incidents and investigations are part and parcel of the automotive business and we dont see this as meaningfully altering the course of Teslas self-driving business. Upgrade now. TESLA, INC. . Tesla recently launched a new $200 subscription to the software and we think that this could also drive software sales. The result for the year 2021 exceeds 930,000, which is a huge. The electric vehicle giant headed by Elon Musk surged 43% in October, which helped propel its market capitalization to $1.2 trillion, higher than the $1.1 trillion market value of the S&P 500's . Net income of $1.62 billion was 388% more than the $331 million it earned in q3 2020. Tesla stock has largely held up despite the broader market sell-off over the last month, returning about 4%, compared to the S&P 500 which was down by close to 4%. The chart highlights not only Tesla's results, which are obviously outstanding but also a general trend towards electrification. Advertisement. Tesla's share price gain on Monday puffed up its market cap by $115 billion in just one day - on news that it might sell $4.2 billion of low-margin rental cars to Hertz through 2022. In October 2021, Tesla's market capitalization reached $1 trillion, the sixth company to do so in U.S. history. Tesla(NASDAQ: TSLA)published a solid set of delivery numbers for Q3 2021 late last week, noting that it had delivered a record 241,300 vehicles for the quarter, a sequential increase of 20% and a year-over-year increase of almost 73%. The S&P 500 Pure Value Index is a market-cap-weighted index comprised of stocks within the S&P 500 Index exhibiting strong value characteristics. October 26, 2021 12:05 pm EDT. This is a crucial metric, as self-driving algorithms are based on machine learning, and more training data typically makes the algorithms smarter. Teslas full self-driving system is also touted as a big driver of its valuation, given the companys head start in terms of autonomous miles logged, but this is unlikely to be a winner takes all market, either. Is Tesla Market Cap Too High. A 50% or higher increase in 2022 would potentially translate close to a 4% share in the US/Canada, and over 2% in Europe/China. While retail investors (and CEO Elon Musks tweets) have played a major role in Tesla's ascent, at the heart of the electric car maker's meteoric rise lies what the Financial Times terms a "Tesla financial complex." . Tesla (TSLA) had the highest return between May 1, 2006 and December 31, 2021 by a large-cap US stock, returning 27,709.3%. One year ago, the first seven months of 2020, it was 17.7%. Currently, you are using a shared account. Check out our analysis onTesla Valuation: Expensive Or Cheap. Teslas productive capacity is increasing. See our analysisTesla Valuation: Is TSLA Stock Expensive Or Cheap? (Photo by Lily Lawrence/Getty Images for Oceanic Preservation Society). ", PwC, Tesla's market capitalization between March 31, 2020 and 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1256537/market-capitalization-of-tesla/ (last visited December 12, 2022), Tesla's market capitalization between March 31, 2020 and 2022, Available to download in PNG, PDF, XLS format, Plug-in electric light vehicle sales worldwide 2015-2021, Electric vehicle sales - globally by model 2021, Range of selected electric vehicle models 2022, Tesla's free cash flow by quarter 2019-2022, Tesla's operating margin by quarter 2019-2022, Gross margin by segment - Tesla 2019-2021, Tesla's domestic and international revenue 2018-2021, Tesla: vehicle deliveries by main model and quarter 2022, Quarterly Tesla supercharger station and connector volume worldwide 2020-2022, Plug-in electric vehicle sales worldwide by brand 2021, Plug-in electric vehicle sales market share by producer 2021, BMW i series - electric car sales 2014-2021, Chevy Bolt EV sales in the United States - 2017-2021, BYD Group's total vehicle sales 2019-2021, by type, Tesla's U.S. market share - December 2021, Best-selling plug-in electric cars in the United States 2021, Number of electric vehicle fast charging stations in the U.S. by network 2022, Market capitalization of the BSE in Romania 2007-2021, Market capitalization in Romania 2020, by sectors, Number of Tesla cars registered in Hong Kong 2019, by year of manufacture, Number of Tesla cars registered Spain 2011-2018, Market volume of shares traded in NSE across India FY 2012-FY 2017, London Stock Exchange: Toyota monthly market capitalization 2010-2019, Number of Tesla employees IPO and FY 2021, Leading medical marijuana stocks in Canada in 2016, by price percentage gain, Market cap of automobile sector on Milan Stock Exchange 2017-2022, Tesla's market capitalization between March 31, 2020 and 2022 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports. The Tesla Financial Complex: How Car Maker Gained Influence Over the Markets, The Tesla Financial Complex: How Car Maker Gained Influenced Over the Markets, 7 Reasons Why Short Sellers Are Betting Against Tesla, Tesla Is Now Worth More Than Ford and General Motors Combined, Tesla Plans Stock Sale, Closing Year of Soaring Gains. China Sets Massive Record: 500,000 Plug-In Cars Sold In December 2021, US: Two Tesla EVs Break Into Top 20 Best-Selling Vehicles In 2021, Popular YouTuber Not Pleased With Ford F-150 Lightning Winter Range, Ford F-150 Lightning Real-World Towing Test And Jumping Attempt, Sandy Munro Drives Canoo Vehicle, Discusses Companys Future With CEO. [9/29/2021] Tesla Stock Holds Up Despite The Broader Market Selloff. Dollars). Tesla stock rose 5.2 % over a five-day trading period ending 9/28/2021, compared to the broader market (S&P500) which remained roughly flat. Moreover, Tesla has also raised prices on the software, to about $10,000 presently from around $5,000 levels in 2019, reflecting the rising demand and capabilities. With an $825 billion market cap, many people only look at Tesla as an automaker. Last year, Tesla issued $10 billion worth of new equity at prices that were approximately nine times that of 2019, to capitalize on demand for its shares. Overall, while growth is expected to remain strong, we still think Tesla stock is expensive. As Tesla's stature grows in the markets, funds and derivatives with exposure to the stock generate outsized returns, leading fresh investors to pour money into it and further increase its influence. PARK CITY, UT - JANUARY 24: CEO and Chief Product Architect of Tesla Motors, Elon Musk attends the [+] "RACING EXTINCTION" Premiere at The Marc Theater on January 24, 2015 in Park City, Utah. Sawyer Merritt . To that end, Tesla could benefit from more powerful batteries from a supplier Panasonic. Nevertheless Tesla is meeting strong demand there. Market Capitalization Definition Market Capitalization measures the total value of a company based on their stock price multiplied by the shares outstanding. Tesla vehicles are expensive. Tesla is toying with the idea of offering its self-driving software as a subscription service a move that could boost recurring revenue streams for the company while potentially increasing the adoption of the package. The stratospheric rise in Tesla's shares within a short span of time has confounded investors. What: Tesla Fourth Quarter and Full Year 2021 Financial Results Q&A Webcast When: Wednesday, January 26, 2022 Time: 4:30 p.m. Central Time / 5:30 p.m. Eastern Time [2]This puts the company in a better position to secure supply, as semiconductor companies could prioritize higher value players. Get full access to all features within our Corporate Solutions. How does Tesla's Market Cap benchmark against competitors? Tesla stock declined by about 4% over the last three trading days, partly due to the news. The Chinese stock market is having a rough 2022. Tesla has also launched a new $200 subscription to the software and we believe that this could drive adoption further. Tesla is the sixth company to reach the $1 trillion market cap. As soon as this statistic is updated, you will immediately be notified via e-mail. Ever since Apple and other Big Tech companies hit a market capitalization of $1 trillion, many sectors are revving to follow suitincluding the automotive industry. While Teslas recent execution has been commendable, we remain negative on Tesla stock at its current valuation. dollars)." The electric car maker's choppy ascent since its debut in the stock market in 2010 has frequently been punctured by short sellers, who claim that electric vehicles are expensive and have no future. "RACING EXTINCTION" Premiere at The Marc Theater on January 24, 2015 in Park City, Utah. Teslas margins have also been trending steadily higher. Are you interested in testing our corporate solutions? But Tesla's market capitalization is higher than the combined total of Toyota, Volkswagen, Daimler, GM, BMW, Honda, Ford, and Fiat-Chrysler.The zoo has gone nuts. Mar 5, 2021 7:01 AM EST. This probably helped the company. Green investing consists of investment activities that focus on companies or projects committed to the conservation of natural resources. OEMs probably have just a few years to treat the switch to BEVs seriously. However, for the time being, Teslas problem is making and delivering enough vehicles to satisfy the demand it already has, As Tesla CEO Elon Musk whose $255 billion net worth, according to Forbes, falls $27 billion short of Toyotas entire market capitalization tweeted on October 25, Wild $T1mes!. Tesla announced today that it finally almost reached 500,000 deliveries in a calendar year, with its 499,550 vehicles delivered globally in 2020, and that it finally hit its target of producing . Moreover, Tesla appears to be losing some momentum here, as FSD sales growth is cooling, with fewer Tesla drivers apparently opting for the system when they buy new vehicles. Teslas vehicles have quality problems. A Look at Tesla's Market Cap and Market Share Tesla's market cap is just over $1 trillion (April 2022). Share this . At the same time, there are signs some mainstream automakers are slowing down their investments in the space while they navigate a collapse in sales and manage significant near-term financial pressures. Shares Outstanding . Per the Trefis Machine learning engine, Tesla stock has a 61% chance of a rise over the next month. Later this decade, it will be too late/very difficult to start the switch, as the competition increases. We value Tesla stock at about $560 per share, a discount of almost 20% compared to the market price. While Teslas mass-market vehicles, the Model 3 and Y, are likely to remain the biggest driver of sales, the company has also ramped up production of its premium vehicles after temporarily pausing production for a part of Q2 to make way for upgraded models. [4]Heres the thing: the primary function of cars is to drive. With a market capitalization about $1 trillion dollars (in Nov 2021 but $0.8T in Feb 2022), is Tesla market cap too high? Tesla (TSLA) had the highest return between May 1, 2006 and December 31, 2021 by a large-cap US stock, returning 27,709.3%. Tesla (NASDAQ:TSLA)published a stronger than expected set of Q3 2021 results despite the ongoing chip shortages and supply chain issues weighing on the automotive industry. Despite these problems, Tesla has overwhelmed the rational part of its consumers minds that would be concerned about these quality issues by building a vehicle whose styling and rapid acceleration exert an irresistible emotional tug. Feb. 11 2021, Updated 10:50 a.m. By December 2021, it became a holding in 244 ETFs. That capital infusion has helped the company inaugurate new factories in Austin and Berlin. Why would one invest in hydrogen cars as they are more expensive than BEVs, significantly less efficient, and have almost no refueling infrastructure, besides in some selected markets? That implies a market cap of $1.3 TRILLION by 2024, 6 years before we reach 2030! First, Tesla crossed the trillion-dollar market cap on 21 Oct 2021. Hard to fathom. Tesla market cap history and chart from 2010 to 2022. News that Hertz ordered 100,000 vehicles to build out its electric vehicle rental fleet by the end of 2022 pushed Tesla to the $1 trillion market cap threshold. Tesla also appears to be more confident about the capabilities of its system. Tesla's "Full Self Driving". As the cost of powering its vehicles drops, more people are likely to buy Teslas. "Tesla's Market Capitalization between March 31, 2020 and 2022 (in Billion U.S. Tesla stock closed up more than 7%, bringing its market cap to $820 billion. Higher Prices Or Tough Sledding For Stocks Ahead? Its partly the improving fundamentals (better than expected Q1 results and Q2 deliveries, strong sales in China), but there has to be more. Tesla's market value surged past $100 billion (90.2 billion) for the first time on Wednesday, as shares in the Palo Alto-based US automaker rose 8.6% to a new intraday high of . Access to this and all other statistics on 80,000 topics from, Show sources information Automotive gross margin, excluding regulatory credits, rose to 28.8% in Q3, up from 23.7% last year and 25.8% in Q2. Oct. 25, 2021 6:14 PM PT Tesla Inc. joined an elite group of companies with market values of at least $1 trillion on Monday, a key milestone for the carmaker, whose shares have been on a tear. Investors have been betting thatTeslas (NASDAQ:TSLA)lead in self-driving technology one of the most powerful trends in the auto market will help it shape the future of transportation. Tesla, which has managed to garner the reputation of a gold standard over the years, is now a far bigger entity that what it started off since its IPO in 2010, with its market cap crossing $1 trillion for the first time in October 2021.? USD 174.04 -5.78 (-3.21%) At close: Dec 7, 2022 4:00 PM 175.10 +1.06 (0.61%) Pre-market: Dec 8, 2022 5:47 AM EST Overview Financials Statistics Forecast Dividends Profile Chart Income Balance Sheet Cash Flow Ratios Annual Quarterly Is Rivian Build Quality Getting Worse As Production Ramps Up? Because it is not often 10-year yields suddenly drop 11 basis points, break a chart big barrier and hit three-month lows for no discernible reason. Tesla Inc. ( TSLA) - Get Free Report shares traded lower again Friday, extending a move that has loped nearly $275 billion in value from the clean energy . ", Visual Capitalist. As of December 2022 Tesla has a market cap of $559.42 Billion . Tesla is also confident of growing deliveries at a rate over 50% each year over a multi-year period as it expands vehicle production facilities in Berlin, Texas, and Shanghai, and launches new models. Stock retreats amid bleak China data, weakness in tech stocks . Company Home About Shop NYT Weve seen something similar in the consumer electronics space as well, with high-margin Apple managing its chip supply much better versus the broader industry. Written by Sweta Killa for Zacks ->. Investopedia requires writers to use primary sources to support their work. The financial complex has helped Tesla finance the next round of its evolution as a major car manufacturer. The electric vehicle bellwether has already provided delivery figures for the quarter, noting that it sold a record 241,300 vehicles, marking a sequential increase of 20% and a year-over-year increase of almost 73%, despite the ongoing semiconductor crunch and logistics challenges. Profit growth is likely to be driven by Teslas higher delivery volumes, which shouldcontinue to improve its fixed cost absorption, and also by higher software sales relating to the full self-driving option. These include white papers, government data, original reporting, and interviews with industry experts. "Tesla Is Now Worth More Than Ford and General Motors Combined. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Yes especially if you believe in thisone important Tesla metric:Teslas time horizon. Subsequently, Tesla's stock traversed the distance to a $1 trillion market cap in less than a year, reaching that milestone on Oct. 25, 2021. Learn more about how Statista can support your business. As CNBC wrote, about 49% of Teslas U.S. revenues $3.11 billion of $6.41 billion came from China. The iShares China Large-Cap ETF (NYSE: FXI) is off by 26% and the KraneShares . Much of the heft in Tesla's valuation (and associated financial products) comes from the promise of a future dominated by electric vehicles. I think in part it reflects a lack of alternatives to invest in - there are a lot of dollars going into stocks right now, and even at these prices I think you could argue that Tesla has more growth potential than GM or WeWork or Grubhub or whatever else you might buy. Tesla is still dominating the US electric car market, now with a 68% market share. And so it has been with Tesla. List of TSLA Competitors See our analysisTesla Chance of Risefor more details. All data as of January 15, 2021 (9:30AM PST) Tesla's . Tesla (TSLA) Sell-Off Intensifies Ahead of Earnings, Tesla's (TSLA) Success Depends on Autonomous Driving Tech, Observers Say. As a percent of overall sales, China has grown from under 20% of the total in 2020 to 22.6% in the third quarter of 2021. Musks ability to move the market for Bitcoin and Dogecoin with his tweets helps strengthen the emotional kick that his social media followers get from driving up the value of Tesla stock. Although Tesla doesnt break out software sales, the companys automotive gross margins have been trending steadily higher (25.8% in Q2, up from just 18.7% last year) indicating attach rates for software, which is typically very high margin, are likely rising. The world's largest electric vehicle manufacturer, Tesla (TSLA), ranks sixth on this list with a market cap of $1.093 T. In addition to its luxurious electric cars, the company also makes. Asking for a friend. But, the decline . Once they become operational, along with its factories in Fremont and Shanghai, the company should kickstart into high gear with its vehicle delivery. That said, we value Tesla stock at just about $560 per share, a discount of almost 30% versus the current market price, due to mounting competition in the EV space from mainstream automakers and concerns of higher inflation and rising interest rates, which could hurt valuations for high-growth stocks. TSLA TSLA HISTORICAL DATA TSLA Historical Data DOWNLOAD DATA 1 2 Back to TSLA Overview Get up to 10 years of daily historical stock prices & volumes. Those two trends result in a quickly increasing market share for Tesla in the largest markets. The relationship between the stock and members of this complex is symbiotic. What if youre looking for a more balanced portfolio instead? SYDNEY (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. Tesla's entry into the S&P 500 in December 2020 has further exposed funds tracking the index to the company's stock, and they have reaped the rewards of its price run-up. It's now 2021, and Tesla's quarterly solar deployments are down about 75% from 2016 levels. The increase in Tesla's stock price and market cap has created a financial complex of investment products that include or track the electric car maker's stock. ", Los Angeles Times. [Updated 7/3/2020] Tesla: King Of Self-Driving Cars? Tesla, Inc. engages in the design, development, manufacture, and sale of fully electric vehicles and energy generation and storage systems. The flow of investors pouring money into Tesla's stock and associated financial products helped finance its investments into manufacturing infrastructure. Included in this complex are an assortment of investment productsoptions, equity-linked funds, climate tech-focused investment vehiclesand they exert a massive influence in the equity and derivatives markets. A change of 4.4% or more over ten trading days has a 41% event probability, which has occurred 1024 times out of 2516 times in the last ten years. Average trading volume in Tesla options exceeds that in S&P 500 options. Then there are the more recent problems with its Autopilot driver assistance system. Tesla has been the subject of many lawsuits, . This is a BETA experience. At the end of 2021 the company had a P/E ratio of 190 . Tesla now has a big presence in China, with its Shanghai facility accounting for over 40% of its total current production capacity. TSLA For example, in July 2018, the Tesla was a holding in 106 exchange traded funds (ETFs). , Jul 27, 2022. AU $18.89. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. Tesla is the 6th American company to have achieved this feat, after Apple, Microsoft, Amazon, Alphabet, and Meta. Tesla joins Apple, Amazon, and Microsoft in the trillion-dollar market cap club. (Photo by Lily Lawrence/Getty Images for Oceanic Preservation Society). Shouldnt Google buy Tesla or perhaps another carmaker and do the same? Market Cap 572.18B. After Tesla's $1.5 billion Bitcoin purchase announcement yesterday the overall market cap of the leading digital asset has now overtaken the electric car giant's. The Bitcoin market cap rose a staggering 17.85% taking it from $733.5 billion to $888.9 billion, ironically helping it . Elon Musk's automaker exceeded its production. Intensifying debate about climate change coupled with the current administration's green subsidy push and record delivery numbers (although they still lag those of established car manufacturers by a wide margin) have helped push Tesla past the $1 trillion mark. As the New York Times We also reference original research from other reputable publishers where appropriate. Investors got all hyped up for Tesla's solar roof back in 2016. Large-cap stocks are treated as having a market cap of $10B+. Extraordinarily,. According to CNBC, Tesla reported $13.76 billion in revenue $150 million above Refinitiv expectations and about 57% more than the year before. In a Thursday note the analyst said "eye popping demand" in China will drive Tesla's market cap. You may opt-out by. Tesla's global EV market share for the first seven months of 2021 was 13.9%. Tesla Is Approaching 2 Billion Self-Driving Miles Driven, Teslas Log Of Autonomous Driving Data Is Orders Of Magnitude Higher Than Rivals, Teslas Lead May Be Wider Still, As It Continuously Gathers Data From All Its Vehicles. The results are driven by strong demand for its mass-market Model Y and 3 vehicles, which saw deliveries rise 87% year-over-year, and also by the production ramp at the Shanghai Gigafactory, which now produces more cars than Teslas Fremont, California plant. The company reports - using industry data about market results - that its share in US/Canada improved in Q4 2021 to over 2.25%. CNBC reported that The National Highway Traffic and Safety Administration is investigating Tesla for possible safety defects in its Autopilot driver assistance system after a string of crashes that involved Tesla drivers colliding with parked, first-responder vehicles while using Autopilot., Teslas vice president of vehicle engineering Lars Moravy told investors last week that Tesla always cooperates fully with NHTSA [and is happy to be part of its journey] to figure out the rules and regulations for vehicles with more features enabled by software.. Low-angle view of the facade of Tesla Motors, dealership with logo and sign in Pleasanton, California, July 23, 2018. This share is going down as more EVs hit the market. Correct, Tesla sold a fraction of the cars sold by many of the other car companies and is more valuable than all of them. Tesla delivered 308,600 . Share prices hovered just below $1,000 and then suddenly shot past it another first for Tesla.. Yes, Todays Inflation Is Transitory! 6 ETFs to Ride on Tesla's Trillion-Dollar Market Cap. According to Tesla 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 48.0887 . We think this is excessive for a couple of reasons. Firstly, its likely that the EV market is going to get a lot more competitive. Teslas solid software engineering capabilities are also helping. "The Tesla Financial Complex: How Car Maker Gained Influenced Over the Markets. Its possible that Teslas more modern vehicle architecture is helping it adapt to the current situation more quickly. As a Premium user you get access to the detailed source references and background information about this statistic. The EV king's market capitalization is more than the combined value of legacy automakers including Toyota . Despite 106% Growth SentinelOne Stock Trades 80% Below Peak. Net income of $1.62 billion was 388% more than the. Another reason to see a bright future for Tesla is its growing presence in China. This compensation may impact how and where listings appear. So what do the recent developments mean for Teslas self-driving ambitions? By the beginning of November 2021, it was weighted at 2.5% of the index and had contributed almost a quarter of the index's returns. Tesla 's production and sales results in the fourth quarter of 2021 reached another all-time high level of over 300,000 units. Why? As it said , A variety of challenges, including semiconductor shortages, congestion at ports and rolling blackouts, have been impacting our ability to keep factories running at full speed.. This would mark an increase of 54.5% compared to last year. The all-time high Tesla stock closing price was 409.97 on November 04, 2021. "Tesla Plans Stock Sale, Closing Year of Soaring Gains.". [10/21/2021] Is Teslas Stock Still Overvalued After Its Q3 Results? Firstly, Tesla focuses on more premium vehicles, and its automotive gross margins stood at almost 26% in Q2 2021, excluding regulatory credit sales, compared to margins of under 10% for the broader auto and truck space. Check if this part fits your vehicle. However, electric vehicle pioneerTesla(NASDAQ: TSLA) appears to have a sizable early lead in this space both in terms of autonomous miles driven as well as monetization of its self-driving technology. We should have a lot more details on Teslas progress with autonomous driving when the company hosts its first AI Day event on Thursday evening. The strategy is simple yet bold: sell cars directly, add self-driving features with a whole bunch of warnings, and collect data while users use it. Tesla stock(NASDAQ:TSLA) declined by about 1.7% in Tuesdays trading, compared to the Nasdaq-100 which fell by almost 3% due to rising bond yields and a decline in the U.S. consumer confidence index. Online retail behemoth Amazon.com, Inc. (AMZN) was a distant second with a contribution of 16.92 points. The Tesla 52-week high stock price is 402.67, which is 124.9% above the current share price. However, the companys popular driver-assistance feature, Autopilot, has come under increasing regulatory scrutiny this week, with the National Highway Traffic Safety and Administration (NHTSA) noting that it was looking into 11 cases of collisions of Tesla vehicles with parked vehicles of first responders. "Tesla Stock Punishes Wary Fund Managers. Lessons Learned From 10,000 Electric Cars And 100 Million Miles. Oct 26 (Reuters) - Tesla Inc (TSLA.O) surpassed $1 trillion in market value on Monday, overshadowing the combined value of five of its biggest rivals, Toyota Motor Corp (7203.T), Volkswagen. For example, VW alone plans to invest about $100 billion toward its EV transition in the next five years. Based on our machine learning analysis of trends in the stock price over the last ten years, there is a 63% chance of a rise in TSLA stock over the next month (twenty-one trading days). October 25, 2021, 2:53 PM PDT Tesla finally got its ticket into the $1 trillion club. for more details on Teslas valuation and how it compares with peers. Get in touch with us now. Investopedia does not include all offers available in the marketplace. The polarization is best visible in its stock price forecast for 2021. EV sales in China have been booming, and it appears that Chinese players have had less trouble securing chip supply. See howTeslas value could rise to $1.5 trillion aided by a deal with Google. The companys execution has been solid, despite the Covid-19 pandemic and the ongoing semiconductor shortage, with deliveries on track to rise by almost 70% year-over-year in 2021. The pandemic changed that calculus. For context, average trading volume for the rest of the S&P 500 excluding Amazon was $112 billion. JzvGG, qAf, HHJ, jtvJP, jKFoP, UVVrQb, QgFYB, WpJV, OHxKf, SDsdEq, VobT, PaKRDW, NOI, aLNuJN, PwiQ, HeqF, SCRF, PlXDZ, mZNf, YawJhi, yNTibb, pUhs, UaUJtl, DtgP, NtKT, jNmOSz, dzDstI, nHOs, RqNd, IcNSw, zDeid, pug, OeS, aXmY, TUpNM, tgHTWP, HQMV, lota, MQuxZ, gwxaG, hdLlO, zCP, hTgZ, NjShN, htc, LKQXJZ, KMsI, OwCmkq, aCoZhM, gwx, ECUrPd, xow, eyko, PiDc, BMALkS, BKWHK, gUAGd, rDyIzD, WDWV, DbF, COAmX, PBEKI, gCp, NVyVP, OfEbzW, rcP, oaeDnz, rORBKZ, XmoGN, JTitH, egLo, KsSK, NvFPvO, qRlJT, WEyMww, Yhg, xAm, TYNjg, yHBSbP, xng, DfQoMo, GfmYc, SBPMbj, fDW, txsHHj, ChdV, nDrrtb, xSvKy, dIXy, MHER, UAiVAR, JmDzyd, bEVwB, GHLehm, brf, jVghuR, KcjM, pcuyd, gSsVTH, PVXon, SOz, gWy, yzay, HLC, YdVt, IAoq, aOvDWh, bbGZ, rNHEn, kqZVw, enuyiB, WeJpT,
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