Tesla, Inc. (TSLA)
421.06 USD -15.11 (-3.46%) Volume: 128.22M
Tesla, Inc.’s stock price stands at 421.06 USD, experiencing a dip of -3.46% in the current trading session with a trading volume of 128.22M. Despite the recent drop, TSLA’s year-to-date (YTD) performance remains strong with a significant increase of +75.56%, showcasing its impressive market resilience and growth potential.
Latest developments on Tesla, Inc.
Despite facing a tumultuous week with recalls affecting nearly 700,000 vehicles over tire pressure monitoring system issues, Tesla’s stock managed to reverse losses and turn higher. The company’s market cap neared half of the global auto industry amidst news of the Cybertruck facing ‘cell-dent’ issues and software recalls. Despite sliding sales, Elon Musk introduced new initiatives like energy awards to the Tesla App. With the Model Y refresh in production in Shanghai and talks of robotaxi tests in Austin, Tesla remains in the spotlight despite challenges.
Tesla, Inc. on Smartkarma
Analysts on Smartkarma have provided varying coverage of Tesla, with insights ranging from bullish to bearish sentiments. Caixin Global highlighted Tesla’s financial efficiency by shortening supplier payment terms to 90 days in 2024, showcasing the company’s strong supplier relations and cost-cutting strategies. On the other hand, Baptista Research emphasized Tesla’s resilience in a challenging automotive landscape, noting the company’s record deliveries in a declining industry. However, Fallacy Alarm took a bearish stance, critiquing Tesla’s execution in the automotive hardware business and the reliance on Full Self-Driving (FSD) optionality for market capitalization.
A look at Tesla, Inc. Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Looking at the Smartkarma Smart Scores for Tesla, the company seems to have a promising long-term outlook. With high scores in Growth, Resilience, and Momentum, Tesla appears to be in a strong position for future success. The company’s focus on innovation and clean energy solutions has helped it secure a leading position in the electric vehicle market, with a diverse range of products and services. While the Value and Dividend scores are not as high, the overall positive outlook for Tesla suggests that investors may see potential for growth and sustainability in the company.
Tesla Inc. is a multinational automotive and clean energy company that is well-positioned for long-term success, according to the Smartkarma Smart Scores. With a strong emphasis on growth, resilience, and momentum, Tesla’s innovative approach to electric vehicles and clean energy solutions sets it apart in the industry. While the Value and Dividend scores are not as high, Tesla’s focus on designing and manufacturing cutting-edge products like electric vehicles, battery energy storage, and solar panels positions it as a key player in the market. Overall, Tesla’s Smart Scores indicate a positive outlook for the company’s future prospects.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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