Company Valuation: Tesla, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,063,564 388,972 789,898 1,296,350 1,495,687 1,377,405 - -
Change - -63.43% 103.07% 64.12% 15.38% -7.91% - -
Enterprise Value (EV) 1 1,052,822 369,886 766,034 1,268,000 1,460,004 1,354,420 1,361,596 1,364,212
Change - -64.87% 107.1% 65.53% 15.14% -7.23% 0.53% 0.19%
P/E 216x 34x 57.8x 198x 416x 324x 225x 154x
PBR 36.2x 9.56x 13.8x 19.4x 19.3x 13.5x 12.5x 11.2x
PEG - 0x 3.1x -3.8x -8.8x -706.91x 5.1x 3.4x
Capitalization / Revenue 19.8x 4.77x 8.16x 13.3x 15.8x 13x 11.4x 9.73x
EV / Revenue 19.6x 4.54x 7.92x 13x 15.4x 12.8x 11.3x 9.64x
EV / EBITDA 91.1x 19.3x 46.1x 76.2x 100x 92.3x 74.4x 54.5x
EV / EBIT 161x 27.1x 86.2x 179x 335x 316x 213x 142x
EV / FCF 210x 48.9x 176x 354x 235x -123x -178x -201x
FCF Yield 0.48% 2.05% 0.57% 0.28% 0.43% -0.81% -0.56% -0.5%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 1.633 3.62 4.3 2.04 1.08 1.075 1.551 2.261
Distribution rate - - - - - - - -
Net sales 1 53,823 81,462 96,773 97,690 94,827 106,035 120,769 141,568
EBITDA 1 11,555 19,186 16,631 16,645 14,596 14,680 18,290 25,047
EBIT 1 6,523 13,656 8,891 7,076 4,355 4,290 6,379 9,592
Net income 1 5,519 12,556 14,997 7,091 3,794 3,839 5,587 8,172
Net Debt 1 -10,742 -19,086 -23,864 -28,350 -35,683 -22,985 -15,808 -13,192
Reference price 2 352.26 123.18 248.48 403.84 449.72 348.75 348.75 348.75
Nbr of stocks (in thousands) 3,019,258 3,157,752 3,178,921 3,210,060 3,325,819 3,949,547 - -
Announcement Date 1/26/22 1/25/23 1/24/24 1/29/25 1/28/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
324.4x12.77x92.26x-.--% 1,377B
19.45x0.83x5.81x0.79% 117B
-6.6x3.41x-13.28x-.--% 23.27B
76.13x0.59x14.77x0.11% 12.8B
-34.48x0.26x-121.65x-.--% 11.99B
-21.59x0.68x-41.26x-.--% 11.03B
-37.79x0.39x6.25x-.--% 10.94B
-2.01x2.88x-7.6x - 7.21B
17.8x0.23x5.6x-.--% 7.05B
Average 37.26x 2.45x -6.57x 0.11% 175.44B
Weighted average by Cap. 284.35x 11.28x 79.66x 0.06%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield