Tesla (TSLA)

• Market cap: $1.28T
• 1 day: 0.68%
• 5 days: -2.07%
• 1 month: -8.90%
• 3 months: 81.34%
• 6 months: 57.31%
• Year to date: 4.78%
• 1 year: 80.72%
• 5 years: 1,035.81%
• 10 years: 2,817.91%
• Sector: Consumer Discretionary
• Industry: Motor Vehicles & Passenger Car Bodies

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, a sports car, and a robotaxi. Global deliveries in 2024 were a little below 1.8 million vehicles. The company 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 Q3 regulatory filings by fund managers ($100M+ AUM)

212% more first-time investments, than exits

New positions opened: 368 | Existing positions closed: 118

48% more funds holding in top 10

Funds holding in top 10: 146 [Q2] → 216 (+70) [Q3]

23% more capital invested

Capital invested by funds: $310B [Q2] → $382B (+$71.6B) [Q3]

7% more funds holding

Funds holding: 2,904 [Q2] → 3,115 (+211) [Q3]

6% more repeat investments, than reductions

Existing positions increased: 1,245 | Existing positions reduced: 1,171

1.52% less ownership

Funds ownership: 47.67% [Q2] → 46.15% (-1.52%) [Q3]

11% less call options, than puts

Call options by funds: $59.6B | Put options by funds: $67.1B

Research analyst outlook

24 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $25 94% downside
• Avg. target: $316 21% downside
• High target: $515 30% upside

24 analyst ratings

• positive: 11 46%
• neutral: 7 29%
• negative: 6 25%

Morgan Stanley Adam Jonas 53% 1-year accuracy 31 / 59 met price target	8% upside $430	Overweight Maintained	13 Jan 2025
B of A Securities John Murphy 54% 1-year accuracy 22 / 41 met price target	23% upside $490	Neutral Downgraded	7 Jan 2025
Stifel Stephen Gengaro 53% 1-year accuracy 45 / 85 met price target	24% upside $492	Buy Maintained	6 Jan 2025
Evercore ISI Group Chris McNally 50% 1-year accuracy 3 / 6 met price target	31% downside $275	In-Line Maintained	3 Jan 2025
Truist Securities William Stein 54% 1-year accuracy 21 / 39 met price target	12% downside $351	Hold Maintained	3 Jan 2025