TSLA
TSLA Stock Continues Slide After Musk Says A Little Less Capital Efficient Is Acceptable Warns Of Rising Capex for Next 2-3 Years
Article Summary
HOLD- Tesla Inc. (NASDAQ: TSLA) fell sharply after CEO Elon Musk warned of rising capital spending over the next 2-3 years.
- The company's CFO said it secured $30 billion in new debt facilities, signaling confidence in its ability to reduce capital spending.
- Analysts reacted negatively, with shares down more than 10% following the comments.
- The stock may face further volatility as Tesla prepares for a more aggressive capital-expenditure program.
- For investors, the stock's near-term outlook remains uncertain.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 2.3% | 25% | 20.0 ptsMinimal (2.3%) - Very weak |
| EPS Growth Next 5Y ? | 25.3% | 25% | 80.0 ptsVery Good (25.3%) - Good outlook |
| Target Price Upside ? | 6.4% | 20% | 35.0 ptsBelow Screener (6.4%) - Target: $397.76 vs Current: $374.01 |
| Gross Margin % ? | 19.1% | 15% | 20.0 ptsThin (19.1%) - Low-margin business |
| Drawdown from 52-Wk High ? | -25.0% | 15% | 80.0 ptsSolid Dip (-25.0%) - Good entry zone |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About TSLA
- Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally.
- The company operates in two segments, Automotive; and Energy Generation and Storage.
- The company offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty maintenance services and collision, automotive insurance services, as well as part sales and retail merchandise sale.
- It also provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; purchase financing and leasing services; services for electric vehicles through its company-owned service locations and Tesla mobile service technicians; and vehicle limited warranties and extended service plans.
- In addition, the company engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners.
- Further, it provides services and repairs to its energy product customers, including under warranty and extended service plans; and various financing options to its residential customers; lithium-ion battery energy storage products, such as Powerwall and Megapack; energy generation products, including solar panels and solar roof; self-driving development and artificial intelligence software, vehicle control and infotainment software, and battery and powertrain.
- The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017.
- Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.