Tesla Inc

Tesla Inc

TSLA

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Market Cap$1.43T
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Tesla IncTesla Inc316.4-5%12.50.2

Earnings Call Q2 2026

July 22, 2026 - AI Summary

Automotive momentum + demand driver from FSD (good / important) - Tesla delivered record Q2 deliveries with sequential growth across regions: Americas +60%, APAC +27%, EMEA +12%. - Model Y set/led multiple country records (e.g., Netherlands, Australia, New Zealand). - FSD is a key demand catalyst: in North America ~55% of deliveries had FSD subscription enabled at delivery. - FSD attach improving to ~1.5 million paid customers globally; mix is ~55% upfront purchases / 45% subscriptions. - Forecast / expectation: Tesla expects subscription monetization to be the main growth driver going forward (notably because they removed the purchase option in most markets).
Margins: auto down sequentially; energy down more sharply (bad / monitor) - Automotive gross margin (ex-regulatory credits) fell sequentially from 19.2% to 16.3%. - Management attribution: Q1 benefits (~$230M from warranty true-downs + tariff relief) did not repeat in Q2; ex-credit margin excluding those prior benefits is “approximately flat.” - Additional pressure: commodity price increases and interest-rate subvention costs (subvention costs recognized upfront as revenue offset, so rising rates increase cost). - Energy gross margin dropped from 39.5% to 20.4% despite strong deployments: - Energy deployments: 13.5 GWh in Q2 (+53% sequential; second-largest quarter). - Margin hit from ~$240M warranty true-up (legacy vendor cell issues), Q1 tariff benefits (>$200M) didn’t repeat, and industrial storage ASPs declining amid competition. - Outlook: Energy long-term expected to normalize to mid- to low-20% gross margins.
Robotaxi scaling: exponential miles growth, strong safety claims, but regulatory + reliability gating (surprising + risks) - Tesla claims impeccable safety: >380,000 miles unsupervised across 6 cities in 2 states, with zero notable incidents (reports allegedly only when other actors impacted stationary cars). - Scale expectation: continued double-digit week-over-week growth in unsupervised miles; management expects high compound growth through the rest of 2026. - City rollout strategy: expanding to additional cities rather than concentrating in 1–2 because they want to validate a generalizable stack and “work kinks” before larger scale. - Key scaling milestone framing: Tesla says the constraint is the “March of 9s” reliability target (seeking extremely high operational reliability like 99.999%)—not demand. - Risk/uncertainty: while safety is emphasized, expansion is still constrained by state-level regulatory approaches and the need to avoid over/under-regulation; investors should treat deployment pace as contingent on permitting and performance.

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Target Price by Analysts

15.7% upsideTesla Target Price DetailsTarget Price
$17.84

Current Fair Value

95.2% downside

Overvalued by 95.2% based on the discounted cash flow analysis.

Share Statistics

Market cap$1.43 Trillion
Enterprise Value$1.43 Trillion
Dividend Yield$- (-)
Earnings per Share$1.18
Beta1.8
Outstanding Shares3,234,000,000

Return

Return on Equity4.61%ROE
Return on Assets2.70%
Return on Invested Capital4.62%

Valuation & Multiples

P/E Ratio316.42P/E Ratio
PEG1578.23PEG
Price to Sales12.47Price to Sales
Price to Book Ratio14.39Price to Book Ratio
Enterprise Value to Revenue14.57
Enterprise Value to EBIT281.67
Enterprise Value to Net Income368
Total Debt to Enterprise0.01
Debt to Equity0.15Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 22, 2026
EPS Estimate
$0.50
Average shareholder expectation
Revenue Estimate
$26.42 B
Average shareholder expectation

Next Earnings Call

Expected Date
October 28, 2026
EPS Estimate
$0.54
Average shareholder expectation
Revenue Estimate
$27.09 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.6725 23.41%
Total Calls89,957 99.95%
Total Puts60,500 99.96%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %0.81% 47.77%
Total Invested$10.16B 98.25%
Investors Holding1,080 3370.00%

ESG Score

No data

About Tesla Inc

48,016 employees
CEO: Elon Musk

Tesla’s mission is to accelerate the world’s transition to sustainable energy. Since its founding in 2003, Tesla has broken new barriers in developing high-performance automobiles that are not only the world’s best and highest-selling pu...

Relevant Senate Committees

Finance

This is the most powerful economic committee, controlling taxation and trade. It directly impacts Tesla through corporate tax policy, EV and solar tax credits for consumers, and international trade tariffs or agreements crucial for its global supply chain and sales.

Appropriations

This committee allocates discretionary federal spending. Its subcommittees determine funding for clean energy initiatives, EV charging infrastructure, and potential federal fleet purchases, directly influencing market growth and potential revenue streams for Tesla.

Commerce, Science, and Transportation

Possesses vast jurisdiction over interstate commerce, consumer protection (FTC), and auto safety (NHTSA, under DOT). This directly impacts vehicle safety regulations, autonomous driving technology, and consumer sales practices for both vehicles and energy products.

Energy and Natural Resources

Tesla is an integrated sustainable energy company. This committee oversees national energy policy, renewable energy, and the Department of Energy, directly impacting incentives, regulations, and access to critical minerals for batteries and solar technology.

Environment and Public Works

Regulates the EPA and federal highway programs. This impacts EV charging infrastructure development, environmental standards for battery/solar manufacturing, and competition from traditional automotive emissions regulations.

Foreign Relations

Tesla has significant international manufacturing (e.g., China), sales, and a global supply chain for critical minerals. Sanctions or trade policy overseen by this committee could directly impact its operations, costs, and market access.