Tesla Inc (TSLA) – Despite cut throat competition, TSLA leads in the EV race

Tesla Inc (TSLA) (Q2FY23)

Introduction

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. It operates in two segments, Automotive, and Energy Generation and Storage.

The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, retail merchandise, and vehicle insurance services. This segment 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.

The Energy Generation and Storage segment 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; and provision of service and repairs to its energy product customers, including under warranty, as well as various financing options to its solar customers. 

Highlights

In Q2FY23, TSLA achieved record vehicle production of 479,700 units and deliveries of 466,140 units. TSLA’s Model Y was the best selling vehicle globally in Q1FY23. In Q2FY23, the number of Model Y’s delivered stands at 446,915 units. In the 1HFY23, it has delivered around 889,000 units.

Stock performance

Over the past 3 years, TSLA generated returns of 149% where the stock price surged from $102.64 in Jul 27, 2020 to $255.71 in Jul 27, 2023. The stock had a 200-Day Moving Average of $194.42 and a 50-Day Moving Average of $242.84.

In the past 1 year, TSLA delivered returns of -14% where the stock price fell from $297.28 in Aug 01, 2022 to $255.71 in Jul 27, 2023. The stock had a 52 Week High of $314.67 and a 52 Week Low of $101.81.

Over the past 3 months, Tesla Inc, generated returns of 56% where the stock price increased from $164.31 in Apr 28, 2023 to $255.71 in Jul 27, 2023.

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Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– CrispIdea Segment Forecast
– Economic Value Added Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

No of Pages: 34

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