Tesla logged a 1.6% change during today's afternoon session, and is now trading at a price of $250.24 per share. On average, analysts give it a target price of $241.18.
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The large-cap company is based in the United States.
What to Consider if You Are Thinking of Buying Tesla:
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Tesla has moved -6.0% over the last year.
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TSLA has a forward P/E ratio of 55.4 based on its EPS guidance of 4.52.
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Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 33.1%.
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The company has a price to earnings growth (PEG) ratio of 8.5.
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Its Price to Book (P/B) ratio is 15.53
Tesla Has a Pattern of Improving Cash Flows
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-01-31 | 14,724,000 | -7,172,000 | 21,896,000 | 21.57 |
| 2022-02-07 | 11,497,000 | -6,514,000 | 18,011,000 | 96.09 |
| 2021-02-08 | 5,943,000 | -3,242,000 | 9,185,000 | 139.07 |
| 2020-04-28 | 2,405,000 | -1,437,000 | 3,842,000 | -13.02 |
| 2019-02-19 | 2,098,000 | -2,319,000 | 4,417,000 | 9.86 |
| 2018-02-23 | -60,654 | -4,081,354 | 4,020,700 |
Tesla's free cash flow history is impressive because it displays year-on-year increases over the last 6 years. Averaging out at $10.23 Billion, and following a compounded average growth rate of 0.0%, investors who focus on cash flow growth should do further research on this firm.
