Tesla (TSLA)

• Market cap: $1.36T
• 1 day: -0.57%
• 5 days: 2.35%
• 1 month: -1.52%
• 3 months: 93.77%
• 6 months: 68.61%
• Year to date: 11.81%
• 1 year: 103.10%
• 5 years: 1,062.47%
• 10 years: 3,137.18%
• 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)

215% more first-time investments, than exits

New positions opened: 369 | Existing positions closed: 117

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] → $381B (+$71.1B) [Q3]

7% more funds holding

Funds holding: 2,905 [Q2] → 3,118 (+213) [Q3]

6% more repeat investments, than reductions

Existing positions increased: 1,246 | Existing positions reduced: 1,172

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: $327 23% downside
• High target: $515 21% upside

24 analyst ratings

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

Piper Sandler Alexander Potter 57% 1-year accuracy 12 / 21 met price target	18% upside $500	Overweight Maintained	21 Jan 2025
Barclays Dan Levy 28% 1-year accuracy 11 / 40 met price target	23% downside $325	Equal-Weight Maintained	15 Jan 2025
Morgan Stanley Adam Jonas 58% 1-year accuracy 33 / 57 met price target	1% upside $430	Overweight Maintained	13 Jan 2025
B of A Securities John Murphy 60% 1-year accuracy 25 / 42 met price target	16% upside $490	Neutral Downgraded	7 Jan 2025
Stifel Stephen Gengaro 58% 1-year accuracy 49 / 85 met price target	16% upside $492	Buy Maintained	6 Jan 2025