Recent News
April–June 2026 coverage highlights Tesla accelerating robotaxi and Optimus deployment plans with factory conversions underway and Gen‑3 hardware moving toward volume runs. Regulators and safety filings drew attention after localized robotaxi incidents and NHTSA visibility probes received renewed scrutiny in May. Tesla also adjusted production footprint, pausing Model S/X runs in some lines as facilities repurpose toward new programs. Industry reports note ongoing delivery and regional sales shifts through June.
Technical Analysis
Directional indicators (ADX / DI+ / DI-): ADX at 17.14 signals no strong trend; DI+ shows a dip & reversal while DI- shows a peak & reversal, both implying bullish directional pressure but without ADX confirmation.
MACD: MACD trades at -1.13 with a dip & reversal and sits above its signal line (-2.78), indicating bullish momentum that has recently crossed to the upside.
MRO (Momentum/Regression Oscillator): MRO reads 8.46 (positive), implying price sits above the model target and faces mean‑reversion pressure even as the oscillator shows a dip & reversal pattern.
RSI: RSI at 52.04 with a dip & reversal reads neutral‑tilting‑bullish, consistent with recent upward price drift but not yet overbought.
Price vs. averages and bands: Last close at $425.30 sits above the 12‑ and 26‑day EMAs (~$403), the 20‑ and 50‑day averages (~$399.5 and $406.28), and the 200‑day average ($418.69), placing price near the upper Bollinger band and supported by the supertrend lower at $385.39; elevated short‑term beta (42‑day 2.41) implies outsized sensitivity to market moves.
Fundamental Analysis
Profitability & margins: EBIT $840.0M and EBITDA $2.43B translate to an EBIT margin of 3.75%, up 6.68% year‑over‑year but down 26.20% quarter‑over‑quarter; operating margin sits at 4.20%. Gross margin measured 21.08%, rising 29.29% YoY.
Earnings: Reported EPS $0.41 versus an estimate of $0.35 produced an EPS surprise of 17.14%.
Revenue & growth: Total revenue $22.387B shows revenue growth of -10.10% QoQ and -59.27% YoY, reflecting a marked contraction on the annual comparison.
Cash, liquidity, leverage: Cash and short‑term investments total $44.743B with a cash ratio of 1.31 and current ratio 2.04, indicating strong liquidity. Total debt stands at $15.89B with debt‑to‑equity 0.1889 and interest coverage ~9.13x.
Returns and efficiency: Return on equity 0.57% and return on assets 0.34% remain low; asset turnover 0.159 (15.9%) sits slightly below the industry peer mean of 0.16366.
Valuation multiples: Price/earnings ~958.39x and forward P/E ~617.23x, price/book 17.54x versus an industry peer mean near 0.995x, and price/sales ~65.91x versus a peer mean near 1.95674x — all materially above peer central tendencies. Free cash flow yield sits at ~0.10% despite positive free cash flow $1.444B.
WMDST valuation: The current valuation as determined by WMDST classifies the stock as over‑valued, reflecting elevated multiples against muted profitability and weakening YoY top‑line growth.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-03-31 |
| REPORT DATE: | 2026-04-22 |
| NEXT REPORT DATE: | 2026-07-22 |
| CASH FLOW | Begin Period Cash Flow | $ 17.6 B |
| Operating Cash Flow | $ 3.9 B | |
| Capital Expenditures | $ -2.49 B | |
| Change In Working Capital | $ 375.0 M | |
| Dividends Paid | — | |
| Cash Flow Delta | $ 39.0 M | |
| End Period Cash Flow | $ 17.7 B | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 22.4 B | |
| Forward Revenue | $ 27.6 B | |
| COSTS | ||
| Cost Of Revenue | $ 17.7 B | |
| Depreciation | $ 1.6 B | |
| Depreciation and Amortization | $ 1.6 B | |
| Research and Development | $ 1.9 B | |
| Total Operating Expenses | $ 21.4 B | |
| PROFITABILITY | ||
| Gross Profit | $ 4.7 B | |
| EBITDA | $ 2.4 B | |
| EBIT | $ 840.0 M | |
| Operating Income | $ 941.0 M | |
| Interest Income | $ 434.0 M | |
| Interest Expense | $ 92.0 M | |
| Net Interest Income | $ 342.0 M | |
| Income Before Tax | $ 748.0 M | |
| Tax Provision | $ 257.0 M | |
| Tax Rate | 34.0 % | |
| Net Income | $ 477.0 M | |
| Net Income From Continuing Operations | $ 491.0 M | |
| EARNINGS | ||
| EPS Estimate | $ 0.35 | |
| EPS Actual | $ 0.41 | |
| EPS Difference | $ 0.06 | |
| EPS Surprise | 17.143 % | |
| Forward EPS | $ 0.63 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 143.7 B | |
| Intangible Assets | $ 786.0 M | |
| Net Tangible Assets | $ 83.3 B | |
| Total Current Assets | $ 69.7 B | |
| Cash and Short-Term Investments | $ 44.7 B | |
| Cash | $ 16.6 B | |
| Net Receivables | $ 4.0 B | |
| Inventory | $ 14.4 B | |
| Long-Term Investments | $ 7.5 B | |
| LIABILITIES | ||
| Accounts Payable | $ 14.7 B | |
| Short-Term Debt | $ 1.4 B | |
| Total Current Liabilities | $ 34.1 B | |
| Net Debt | — | |
| Total Debt | $ 15.9 B | |
| Total Liabilities | $ 58.9 B | |
| EQUITY | ||
| Total Equity | $ 84.1 B | |
| Retained Earnings | $ 39.5 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 22.40 | |
| Shares Outstanding | 3.755 B | |
| Revenue Per-Share | $ 5.96 | |
| VALUATION | Market Capitalization | $ 1.5 T |
| Enterprise Value | $ 1.4 T | |
| Enterprise Multiple | 595.326 | |
| Enterprise Multiple QoQ | 7.244 % | |
| Enterprise Multiple YoY | 40.581 % | |
| Enterprise Multiple IPRWA | TSLA: 595.326 high: 87.663 median: 15.236 mean: 9.663 low: -138.184 |
|
| EV/R | 64.62 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 1.709 | |
| Asset To Liability | 2.439 | |
| Debt To Capital | 0.159 | |
| Debt To Assets | 0.111 | |
| Debt To Assets QoQ | 3.511 % | |
| Debt To Assets YoY | 5.365 % | |
| Debt To Assets IPRWA | high: 0.644 mean: 0.285 median: 0.231 low: 0.123 TSLA: 0.111 |
|
| Debt To Equity | 0.189 | |
| Debt To Equity QoQ | 5.419 % | |
| Debt To Equity YoY | 7.427 % | |
| Debt To Equity IPRWA | high: 6.121 mean: 1.453 median: 0.723 TSLA: 0.189 low: 0.185 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 17.541 | |
| Price To Book QoQ | -12.37 % | |
| Price To Book YoY | 41.629 % | |
| Price To Book IPRWA | TSLA: 17.541 high: 4.594 mean: 0.995 median: 0.519 low: 0.005 |
|
| Price To Earnings (P/E) | 958.394 | |
| Price To Earnings QoQ | 9.324 % | |
| Price To Earnings YoY | -9.882 % | |
| Price To Earnings IPRWA | TSLA: 958.394 high: 294.586 mean: 59.038 median: 19.033 low: -29.095 |
|
| PE/G Ratio | -53.244 | |
| Price To Sales (P/S) | 65.909 | |
| Price To Sales QoQ | -0.181 % | |
| Price To Sales YoY | 37.827 % | |
| Price To Sales IPRWA | TSLA: 65.909 high: 14.645 mean: 1.957 median: 1.165 low: 0.017 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 617.234 | |
| Forward PE/G | -34.291 | |
| Forward P/S | 50.808 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 3.333 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.159 | |
| Asset Turnover Ratio QoQ | -13.287 % | |
| Asset Turnover Ratio YoY | 1.662 % | |
| Asset Turnover Ratio IPRWA | high: 0.31 median: 0.175 mean: 0.164 TSLA: 0.159 low: 0.016 |
|
| Receivables Turnover | 5.246 | |
| Receivables Turnover Ratio QoQ | -2.259 % | |
| Receivables Turnover Ratio YoY | 11.24 % | |
| Receivables Turnover Ratio IPRWA | high: 39.901 TSLA: 5.246 mean: 4.159 median: 1.832 low: 0.676 |
|
| Inventory Turnover | 1.317 | |
| Inventory Turnover Ratio QoQ | -18.33 % | |
| Inventory Turnover Ratio YoY | 4.688 % | |
| Inventory Turnover Ratio IPRWA | high: 2.683 median: 2.199 mean: 1.75 TSLA: 1.317 low: 0.044 |
|
| Days Sales Outstanding (DSO) | 17.394 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 14.548 | |
| Cash Conversion Cycle Days QoQ | 4.006 % | |
| Cash Conversion Cycle Days YoY | -22.941 % | |
| Cash Conversion Cycle Days IPRWA | high: 303.712 median: 83.035 mean: 44.63 TSLA: 14.548 low: -139.401 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 0.629 | |
| CapEx To Revenue | -0.111 | |
| CapEx To Depreciation | -1.568 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 91.8 B | |
| Net Invested Capital | $ 93.1 B | |
| Invested Capital | $ 93.1 B | |
| Net Tangible Assets | $ 83.3 B | |
| Net Working Capital | $ 35.6 B | |
| LIQUIDITY | ||
| Cash Ratio | 1.311 | |
| Current Ratio | 2.043 | |
| Current Ratio QoQ | -5.604 % | |
| Current Ratio YoY | 2.357 % | |
| Current Ratio IPRWA | high: 2.969 TSLA: 2.043 mean: 1.603 median: 1.281 low: 0.242 |
|
| Quick Ratio | 1.62 | |
| Quick Ratio QoQ | -8.646 % | |
| Quick Ratio YoY | 5.529 % | |
| Quick Ratio IPRWA | high: 3.597 TSLA: 1.62 mean: 1.306 median: 1.033 low: 0.306 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 6.539 | |
| Cost Of Debt | 0.397 % | |
| Interest Coverage Ratio | 9.13 | |
| Interest Coverage Ratio QoQ | -38.698 % | |
| Interest Coverage Ratio YoY | 22.187 % | |
| Interest Coverage Ratio IPRWA | high: 54.646 TSLA: 9.13 mean: -4.452 median: -5.431 low: -66.626 |
|
| Operating Cash Flow Ratio | 0.058 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 64.375 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 4.294 % | |
| Revenue Growth | -10.096 % | |
| Revenue Growth QoQ | -11.197 % | |
| Revenue Growth YoY | -59.269 % | |
| Revenue Growth IPRWA | high: 136.323 % mean: -4.41 % median: -5.746 % TSLA: -10.096 % low: -75.561 % |
|
| Earnings Growth | -18.0 % | |
| Earnings Growth QoQ | -65.385 % | |
| Earnings Growth YoY | -71.435 % | |
| Earnings Growth IPRWA | high: 407.692 % median: 8.879 % mean: 3.641 % TSLA: -18.0 % low: -567.5 % |
|
| MARGINS | ||
| Gross Margin | 21.084 % | |
| Gross Margin QoQ | 4.812 % | |
| Gross Margin YoY | 29.294 % | |
| Gross Margin IPRWA | high: 51.834 % TSLA: 21.084 % mean: 18.106 % median: 8.617 % low: -10.499 % |
|
| EBIT Margin | 3.752 % | |
| EBIT Margin QoQ | -26.2 % | |
| EBIT Margin YoY | 6.682 % | |
| EBIT Margin IPRWA | high: 29.59 % TSLA: 3.752 % mean: -2.954 % median: -11.141 % low: -52.547 % |
|
| Return On Sales (ROS) | 4.203 % | |
| Return On Sales QoQ | -33.381 % | |
| Return On Sales YoY | 19.505 % | |
| Return On Sales IPRWA | high: 29.878 % TSLA: 4.203 % mean: -5.3 % median: -13.048 % low: -63.794 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 1.4 B | |
| Free Cash Flow Yield | 0.098 % | |
| Free Cash Flow Yield QoQ | 13.953 % | |
| Free Cash Flow Yield YoY | 36.111 % | |
| Free Cash Flow Yield IPRWA | high: 9.686 % TSLA: 0.098 % mean: -2.015 % median: -2.104 % low: -48.048 % |
|
| Free Cash Growth | 1.69 % | |
| Free Cash Growth QoQ | -102.624 % | |
| Free Cash Growth YoY | -102.509 % | |
| Free Cash Growth IPRWA | high: 126.772 % median: 42.126 % TSLA: 1.69 % mean: -17.629 % low: -358.701 % |
|
| Free Cash To Net Income | 3.027 | |
| Cash Flow Margin | 8.786 % | |
| Cash Flow To Earnings | 4.124 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 0.339 % | |
| Return On Assets QoQ | -45.234 % | |
| Return On Assets YoY | 2.417 % | |
| Return On Assets IPRWA | high: 6.178 % TSLA: 0.339 % mean: -0.523 % median: -1.532 % low: -13.23 % |
|
| Return On Capital Employed (ROCE) | 0.767 % | |
| Return On Equity (ROE) | 0.006 | |
| Return On Equity QoQ | -44.575 % | |
| Return On Equity YoY | 3.467 % | |
| Return On Equity IPRWA | high: 0.435 TSLA: 0.006 mean: -0.013 median: -0.033 low: -0.197 |
|
| DuPont ROE | 0.574 % | |
| Return On Invested Capital (ROIC) | 0.595 % | |
| Return On Invested Capital QoQ | -41.437 % | |
| Return On Invested Capital YoY | 0.847 % | |
| Return On Invested Capital IPRWA | high: 6.178 % TSLA: 0.595 % mean: -0.623 % median: -1.526 % low: -9.767 % |
|