TeslaTSLA
About: Tesla is a vertically integrated battery electric vehicle automaker and developer of autonomous driving software. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi-truck. Tesla also plans to begin selling more affordable vehicles, and a sports car. Global deliveries in 2023 were a little over 1.8 million vehicles. The company also sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network.
Employees: 140,473
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
30% more first-time investments, than exits
New positions opened: 281 | Existing positions closed: 216
25% more funds holding in top 10
Funds holding in top 10: 117 [Q1] → 146 (+29) [Q2]
16% more capital invested
Capital invested by funds: $254B [Q1] → $295B (+$41.3B) [Q2]
12% more repeat investments, than reductions
Existing positions increased: 1,229 | Existing positions reduced: 1,093
2% more funds holding
Funds holding: 2,817 [Q1] → 2,882 (+65) [Q2]
1.16% more ownership
Funds ownership: 44.14% [Q1] → 45.3% (+1.16%) [Q2]
7% less call options, than puts
Call options by funds: $48.3B | Put options by funds: $52.1B
Research analyst outlook
53 Wall Street Analysts provided 1 year price targets over the past 3 months
53 analyst ratings
Jefferies Philippe Houchois 0% 1-year accuracy 0 / 1 met price target | 10%downside $195 | Hold Maintained | 21 Oct 2024 |
GLJ Research Gordon Johnson 70% 1-year accuracy 14 / 20 met price target | 89%downside $25 | Sell Reiterated | 17 Oct 2024 |
HSBC Michael Tyndall 0% 1-year accuracy 0 / 3 met price target | 43%downside $124 | Reduce Reiterated | 11 Oct 2024 |
Cantor Fitzgerald Andres Sheppard 62% 1-year accuracy 83 / 134 met price target | 13%upside $245 | Neutral Reiterated | 11 Oct 2024 |
Roth MKM Craig Irwin 30% 1-year accuracy 8 / 27 met price target | 61%downside $85 | Neutral Reiterated | 11 Oct 2024 |
Financial journalist opinion
Based on 507 articles about TSLA published over the past 30 days
