TeslaTSLA
About: Founded in 2003 and based in Palo Alto, California, Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. The company sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities. Tesla has multiple vehicles in its fleet, which include luxury and midsize sedans and crossover SUVs. The company also plans to begin selling more affordable sedans and small SUVs, a light truck, a semi truck, and a sports car. Global deliveries in 2023 were a little over 1.8 million vehicles.
Employees: 140,473
Fund manager confidence
Based on 2023 Q4 SEC filings by fund managers ($100M+ AUM)
38% more first-time investments, than exits
New positions opened: 307 | Existing positions closed: 222
17% more repeat investments, than reductions
Existing positions increased: 1,226 | Existing positions reduced: 1,052
3% more funds holding
Funds holding: 2,851 [Q3] → 2,936 (+85) [Q4]
1.59% more ownership
Funds ownership: 42.06% [Q3] → 43.65% (+1.59%) [Q4]
3% more capital invested
Capital invested by funds: $341B [Q3] → $352B (+$10.1B) [Q4]
4% less call options, than puts
Call options by funds: $42.5B | Put options by funds: $44.4B
12% less funds holding in top 10
Funds holding in top 10: 308 [Q3] → 270 (-38) [Q4]
Research analyst outlook
93 Wall Street Analysts provided 1 year price forecasts over the past 6 months
93 analyst ratings
Cantor Fitzgerald Andres Sheppard | 27%upside $230 | Overweight Initiated | 2 May 2024 |
Evercore ISI Group Chris McNally | 20%downside $145 | In-Line Maintained | 29 Apr 2024 |
Wedbush Daniel Ives | 52%upside $275 | Outperform Reiterated | 29 Apr 2024 |
Deutsche Bank Emmanuel Rosner | 25%downside $136 | Hold Maintained | 25 Apr 2024 |
HSBC Michael Tyndall | 34%downside $120 | Reduce Maintained | 24 Apr 2024 |
Financial journalist opinion
Based on 993 articles about TSLA published over the past 30 days