Tesla found using ticker (TSLA) have now 38 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 461 and 24.33 and has a mean target at 298.41. Given that the stocks previous close was at 277.7 this would indicate that there is a potential upside of 7.5%. The 50 day MA is 269.15 and the 200 day MA is 297.81. The company has a market capitalisation of $863,616m. Company Website: https://www.tesla.com
The potential market cap would be $928,021m based on the market concensus.
Tesla 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 Automotive segment offers electric vehicles, as well as sells automotive regulatory credits. It provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; and purchase financing and leasing services. This segment is also involved in the provision of non-warranty after-sales vehicle services, sale of used vehicles, retail merchandise, and vehicle insurance, as well as sale of products to third party customers; services for electric vehicles through its company-owned service locations, and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment 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. This segment also offers service and repairs to its energy product customers, including under warranty; and various financing options to its solar customers. The company was formerly known as Tesla Motors and changed its name to Tesla in February 2017. Tesla was incorporated in 2003 and is headquartered in Austin, Texas.
