Tesla, Inc. (TSLA) stock analysis
Company overview and business model
Source fact: Tesla, Inc. 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 company offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty maintenance services and collision, automotive insurance services, as well as part sales and retail merchandise sale. It also provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; purchase financing and leasing services; services for electric vehicles through its company-owned service locations and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. In addition, the company 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. Further, it provides services and repairs to its energy product customers, including under warranty and extended service plans; and various financing options to its residential customers; lithium-ion battery energy storage products, such as Powerwall and Megapack; energy generation products, including solar panels and solar roof; self-driving development and artificial intelligence software, vehicle control and infotainment software, and battery and powertrain. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.
Classification: NASDAQ · Consumer Cyclical · Auto Manufacturers
Revenue and growth
Source fact: Revenue was USD 94.83 billion for the period ending 2025-12-31.
Caverian calculation: Revenue changed -2.9% (FY2025 vs FY2024).
Profitability
Source fact: Net income was USD 3.79 billion in the latest reported period.
Source metric: Reported net margin was 4.0%.
Balance sheet and liquidity
Source fact: Cash and equivalents were USD 16.51 billion.
Source fact: Total debt was USD 14.72 billion.
Source metric: Current ratio was 2.16x.
Cash-flow analysis
Source fact: Operating cash flow was USD 14.75 billion.
Source fact: Free cash flow was USD 6.22 billion.
Valuation
Source metrics: Trailing P/E 322.55x; Forward P/E 158.68x; Price to book 15.69x; Price to sales 13.15x; EV/EBITDA 124.25x.
Caverian model output: Value score was 18/100.
Competitive position
Classification: Peer context: Auto Manufacturers within Consumer Cyclical.
Caverian model output: Quality score was 67/100.
Caverian model output: Growth score was 33/100.
Material risks
Caverian model interpretation: Watch out: price swings more than the broader market (beta 1.8).
Caverian calculation: Altman Z-score was 16.43 (safe zone).
Caverian calculation: Piotroski F-score was 5/9.
Data sources and freshness
Freshness: This report uses a stored upstream snapshot; statement periods are shown alongside the figures.
Methodology and limitations
Facts reproduce stored upstream fields. Calculations derive only from the displayed stored statements. Model outputs are Caverian interpretations, not investment advice or a buy/sell recommendation.
How Caverian approaches valuation · Sources and product principles