Health Check
Tesla holds $29 billion in cash and short-term investments with manageable debt levels. Operating cash flow was $14.9 billion last year. The balance sheet is healthy, though free cash flow has tightened due to heavy capital expenditures on new factories and the Optimus program.
Revenue grew 12% to $97 billion, but automotive revenue growth slowed to 6% as EV competition intensified. Energy storage was the bright spot, growing 67% year-over-year. Vehicle deliveries were roughly flat at 1.81 million units.
Tesla trades at a P/E ratio of about 97, meaning you are paying $97 for every $1 earned. This is extremely expensive compared to both the auto industry (average ~8x) and tech (average ~30x). The valuation assumes massive future growth from robotaxi, AI, and energy.
Tesla shares have rallied strongly, up over 13% in three months. The stock is trading above its 50-day and 200-day moving averages, supported by excitement around the robotaxi launch timeline and Optimus robot progress.
Analyst opinion is split. Bulls point to the robotaxi program, energy business, and AI potential. Bears worry about slowing vehicle deliveries, margin pressure from price cuts, and increasing competition from Chinese EV makers. This is one of the most debated stocks on Wall Street.
News
SpaceX reveals Musk company links, from Cybertrucks and jets to stock investments
SpaceX's IPO filing revealed extensive commercial and financial ties among Elon Musk's companies ranging from Cybertruck purchases and shared private jets to stock investments, showing how deeply intertwined his business empire has become ahead of what could become the largest IPO in history. While many of the billionaire's companies have long collaborated, the filing contains previously undisclosed details about how they now form a network bound by commercial agreements, financing obligations and operational dependencies spanning AI, transportation, communications and infrastructure. The disclosures on Wednesday showed rapidly expanding transactions among SpaceX, electric vehicle maker Tesla, artificial intelligence company xAI and social network X ahead of a planned SpaceX IPO targeting a valuation of about $1.75 trillion.
James May Blasts Tesla Diner As 'Massively' Expensive: 'No Wonder' Elon Musk Is The World's Richest Man
James May, known for 'Top Gear,' criticized Tesla's West Hollywood diner as overpriced and lacking American spirit.
Testing Tesla Cybertruck's Wade Mode Got This Man Arrested—But What Exactly Is It And How Does It Work?
Tesla's Cybertruck made headlines again when an owner was arrested for testing its wade mode in a Texas lake.
Financials
TSLA revenue from the latest annual FMP income statement.
TSLA diluted EPS from the latest annual FMP income statement.
TSLA operating cash flow from the latest annual FMP cash flow statement.
TSLA gross margin from FMP trailing-twelve-month ratios.