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Tesla, Inc. (TSLA)

NEUTRAL
Consumer CyclicalAuto ManufacturersUnited States

Fundamental

49

Preço

$352.59

Capitalização de Mercado

$1.38T

Parte 1 · Quanto vale a empresa

Visão Geral

Tesla designs, manufactures and sells electric vehicles directly to buyers, without a franchised dealer network, and builds its own battery cells at vertically integrated factories in the US, China and Germany. Alongside cars it sells energy-storage batteries and solar equipment to homes and utilities, and is pushing into new, unproven lines: paid driving-assistance software, a robotaxi service, and Optimus, a humanoid robot still in early development.

Como gera receita

Tesla earns most of its money selling vehicles outright, recognizing revenue on delivery rather than through a dealer network, which keeps a larger slice of the sale price but pushes service, financing and inventory risk onto the company itself. It also sells high-margin regulatory emissions credits to other automakers who need them to meet clean-air rules. A growing services line covers Supercharging, insurance and paid driving-assistance software subscriptions.

Receita por segmento

Automotive73.32%

Sales and leases of electric vehicles, plus automotive regulatory credits sold to other manufacturers.

Energy Generation and Storage13.47%

Megapack and Powerwall battery systems sold to utilities and homeowners, plus solar panels and roofing.

Services and Other13.21%

Used-car sales, paid Supercharging, non-warranty maintenance, insurance and parts and merchandise sales.

Vantagem competitiva

Vantagem de custo · Estreita

Tesla builds its own battery cells and runs vertically integrated Gigafactories, which has kept its unit production costs below most legacy automakers and funded the largest fast-charging network in North America. But Chinese manufacturers such as BYD have matched or undercut Tesla's costs, so the advantage is narrowing rather than widening as competition intensifies.

O que impulsiona a procura

Cíclico

Vehicle purchases are large, discretionary, and sensitive to interest rates, financing costs and government incentives, all of which can shift abruptly with policy changes. Demand has swung sharply in several markets as EV tax credits and subsidies were reduced or removed, showing how much of Tesla's volume depends on conditions outside its control.

Principais riscos

  • Intensifying EV competition — Chinese manufacturers and legacy automakers are launching competitive electric vehicles at lower prices, eroding the cost and technology lead Tesla built in its early years.
  • Supplier and manufacturing dependence — Tesla relies on suppliers, including single-source ones, for critical components; a shortage or disruption at any of them can directly delay production and deliveries.
  • Dependence on Elon Musk — Tesla's strategy, product direction and public profile are closely tied to Elon Musk, who also runs several other companies; his divided attention or departure would be a material loss for Tesla.
  • Unproven new product lines — Robotaxi services, full self-driving software and the Optimus robot are still in early, nascent stages, face significant technical and regulatory hurdles, and compete against well-funded rivals.

Os argumentos a favor

Buyers argue that Tesla's lead in vertical integration and self-driving software will eventually translate into higher-margin businesses such as robotaxis and robots, and that its Supercharger network and brand keep customers loyal even as EV competition grows.

Os argumentos contra

Sellers fear that Chinese and legacy competitors are closing the EV cost gap faster than the new robotaxi and robot businesses can generate revenue, and that much of the company's valuation rests on projects that remain unproven.

Dados por segmento do exercício fiscal 2025Fontes: Tesla, Inc. — Form 10-K, fiscal year 2025

Written by the editors, published on 18 de agosto de 2026

Direct competitors

Who this company fights with for the same customers

No editorial profile for this company yet

No competitor list for this company yet.

Balanço & Liquidez

Receita

$103.62B

Últimos 12 meses (até 30/06/2026)

Resultado Líquido

$3.80B

Últimos 12 meses (até 30/06/2026)

Fluxo de Caixa Livre

$6.22B

Capital Próprio Total

$82.14B

Passivo Total

$54.94B

Rácio de Liquidez

1.94

Cobertura de Juros

13.09

Dívida/EBITDA

1.50

Resultados Por Ação

Receita & Resultado Líquido

Fluxo de Caixa Livre

Decomposição dos Resultados

Demonstração histórica

Margens ao longo do tempo

A dívida ao longo do tempo

Quanto pesa a dívida

Grelha do crescimento

Crescimento — Receitas

Estimativa de Valor Justo

Justamente Valorizada

Valor Justo

$300.16

Preço Atual

$352.59

Margem de Segurança

-17.5%

Intervalo de Valor Justo

$195.11 - $405.22

Métodos de Estimativa

Analyst Target:$390.09
DCF:$75.34
PE-based:-
Graham Growth:$56.11
EPV:$6.52
Consenso dos Analistas:Comprar (30B / 24H / 7S)
Última Surpresa de Resultados:-36.43%

Métricas de Avaliação

Rácio P/E

323.10

ROE

4.6%

Rácio P/B

15.87

P/FCF

239.19

Margem Bruta

18.9%

ROIC

3.0%

Radar de Rentabilidade

Value Creation (Economic Moat)

ROIC

3.0%

WACC

14.8%

ROIC − WACC

-11.8 pp

ROIC is below the cost of capital — the company is destroying value for every dollar invested.

Critérios de Análise Fundamental

Aprovado (13)

  • EPS shows upward trend
  • Price CAGR 38.24%
  • Debt/Equity ratio
  • Positive Free Cash Flow
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • Low reliance on intangibles
  • Revenue Growth 5Y 24.6%
  • Earnings Quality (OCF/NI) 4.91
  • Share Dilution 1.1%
  • Piotroski F-Score 5/9

Reprovado (13)

  • ROIC 3.1%
  • Gross Margin 18.9%
  • P/FCF 239.19
  • P/B Ratio 15.87
  • Operating Margin 4.2%
  • CapEx intensity
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • ROE 4.6%
  • Analyst Consensus 49% Buy
  • Earnings Surprise avg -7.0%
  • PEG Ratio 9.21
  • Net Margin Trend 3.7% vs 6.3%

Indisponível (1)

  • Dividend Payout NaN%

Piotroski F-Score

5/9

Sinais mistos: algumas áreas requerem atenção

score
criteria

Qualidade dos Resultados

4.91

Alta qualidade: resultados respaldados por caixa

Diluição de Ações

1.1%

Número de ações estável

Governação

Equipa Executiva

NomeCargoIdade
Mr. Elon R. MuskCo-Founder, Technoking of Tesla, CEO & Director54
Mr. Vaibhav TanejaChief Financial Officer47
Mr. Xiaotong ZhuSenior Vice President of APAC & Global Vehicle Manufacturing45
Travis AxelrodHead of Investor Relations-
Mr. Brandon EhrhartGeneral Counsel & Corporate Secretary-
Mr. Franz von HolzhausenChief Designer-
Ms. Roxanne Inskip-KayeHead of Operations - Electric Vehicle Business-
Mr. John WalkerVice President of Sales - North America62
Mr. Rodney D. Westmoreland Jr.Director of Construction Management-
Mr. Lars MoravyVice President of Vehicle Engineering-

Risco de Auditoria

4

Risco do Conselho

10

Risco de Remuneração

10

Risco dos Direitos dos Acionistas

9

Parte 2 · O preço e o momento de entrar

Esta parte não serve para saber se a empresa vale: serve para escolher quando comprá-la, depois que os fundamentos te convenceram. Dentro: análise técnica, potencial, quedas históricas, exposição gama.

Latest News

Recent headlines for TSLA, sourced from Markets Gazette.

  • 4d agoPOSITIVE
    Tesla’s stock jumps as the company gets cleared for a Las Vegas robotaxi launch

    Tesla's stock experienced a significant surge following regulatory approval for its robotaxi service, the Cybercab, in Nevada. The company also announced plans for an imminent launch in Austin, Texas. This green light from Nevada regulators, allowing the deployment of thousands of autonomous vehicles, is a major step towards Tesla's ambitious autonomous driving goals. Investors are viewing this development positively, seeing it as a validation of the company's technology and a precursor to substantial future revenue streams from its mobility services division.

  • 6d agoPOSITIVE
    Perché le azioni Tesla guadagnano il 3% oggi

    Tesla shares surged 3% on Wednesday, breaking a two-day losing streak, as investors anticipate a potential Cybercab launch event. The company teased the event on X, offering customers a chance to receive an invitation by taking a Tesla robotaxi until August 23rd. Tesla initiated its AI-trained robotaxi service in Austin, Texas, in June 2025, using Model Y vehicles with its Full Self-Driving software. The service has since expanded to multiple cities, with Tesla planning to integrate the specially designed, steering wheel-less Cybercab into its fleet. This positive development, coupled with the ongoing expansion of its robotaxi services, suggests potential future revenue streams and technological advancements, boosting investor sentiment.

  • 6d agoNEUTRAL
    Tesla asked Las Vegas for 5,000 robotaxi permits. Sin City gave it 10, capped the speed at 45mph, and banned airport trips

    Tesla's ambitious request for 5,000 robotaxi permits in Las Vegas was significantly curtailed, with authorities granting only 10 permits. Furthermore, operational restrictions were imposed, including a speed limit of 45 mph and a ban on trips to Harry Reid International Airport. This limited rollout suggests a cautious approach from regulators, potentially delaying the widespread adoption and revenue generation from Tesla's autonomous driving ambitions in this key market. Investors will monitor the pace of expansion and the resolution of these regulatory hurdles.

  • 7d agoPOSITIVE
    Azioni Tesla recuperano mentre gli investitori attendono progressi su AI e robotaxi

    Tesla shares recovered from early losses on Tuesday, buoyed by investor focus on the electric vehicle maker's artificial intelligence ambitions, including its robotaxi and humanoid robot ventures. Despite a year-to-date decline of approximately 25% and a mere 1% gain over the past 12 months, the stock showed resilience. Investors are keenly awaiting tangible progress in Tesla's AI-driven businesses, particularly its AI-trained robotaxi service, which began a phased rollout in June 2025. This renewed investor interest in AI and autonomous driving technology signals potential upside for the stock.

  • 11d agoNEUTRAL
    Elon Musk’s $158 billion Tesla pay was 2.5 million times his workers’ salary last year—it’s ‘unlike anything we have seen before,’ exec pay watch says

    Elon Musk's compensation package from Tesla reached an extraordinary $158.3 billion last year, a figure that dwarfs the median employee salary. The executive pay watchdog highlighted that Musk's earnings equated to the median worker's annual pay in a mere 4.23 seconds. This vast disparity in compensation, described as 'unlike anything we have seen before,' raises questions about corporate governance and executive pay structures. While the news focuses on Musk's earnings, it does not directly impact Tesla's operational performance or stock valuation in the short term.

  • 24d agoNEGATIVE
    Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout

    Elon Musk's net worth has fallen to $684 billion, a level not seen since before SpaceX's initial public offering. This significant decline, from a peak of approximately $1.33 trillion on June 16, 2026, is attributed to a rout in the market. For investors in Tesla, this personal wealth reduction is a stark indicator of the market's current sentiment and potential headwinds affecting the company's valuation and future prospects.

via Markets Gazette