Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.

Companies Marketcap displays them for editorial purposes only. I/we have a beneficial long position in the shares of TSLA either through stock ownership, options, or other derivatives. Data by YCharts When you factor in the debt and consider enterprise value to earnings, you realize Tesla is valued at least slightly closer to its peers than their PE values alone would suggest. The primary bearish thesis for Tesla has always been that it is an automaker and should be valued as such.

Is Tesla Stock a Buy or Sell Right Now?

The Company’s automotive segment includes the design, development, manufacturing, sales, and leasing of electric vehicles as well as sales of automotive regulatory credits. Its automotive products include Model 3, Model Y, Model S and Model X. Powerwall and Megapack are its lithium-ion battery energy storage products. TSLA has a trailing twelve month Price to Earnings ratio of 42.6.

• Poor results from retailers, media, and entertainment companies are dragging down earnings growth.
• These products and services are usually sold through license agreements or subscriptions.
• Intraday data delayed at least 15 minutes or per exchange requirements.
• Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
• Since 1988 it has more than doubled the S&P 500 with an average gain of +24.52% per year.
• We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view.

Speaking of inventory, the days of waiting months for a Tesla are over. In that interview Fields did, he discussed browsing Tesla’s inventory and finding availability for most models and being able to get delivery within days. To be clear though, custom orders still have a 60+ day lead time.

Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for First Quarter 2023

An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which tesla pe ratio combines the weighted average of the individual style scores into one score. Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use. Register now to watch these stocks streaming on the ADVFN Monitor. Join thousands of traders who make more informed decisions with our premium features.