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 1,401,339 - -
Change - -63.43% 103.07% 64.12% 15.38% -6.31% - -
Enterprise Value (EV) 1 1,052,822 369,886 766,034 1,268,000 1,460,004 1,378,378 1,386,493 1,389,992
Change - -64.87% 107.1% 65.53% 15.14% -5.59% 0.59% 0.25%
P/E 216x 34x 57.8x 198x 416x 337x 234x 159x
PBR 36.2x 9.56x 13.8x 19.4x 19.3x 13.6x 12.5x 11.2x
PEG - 0x 3.1x -3.8x -8.8x -130.92x 5.4x 3.4x
Capitalization / Revenue 19.8x 4.77x 8.16x 13.3x 15.8x 13.2x 11.6x 9.86x
EV / Revenue 19.6x 4.54x 7.92x 13x 15.4x 12.9x 11.5x 9.78x
EV / EBITDA 91.1x 19.3x 46.1x 76.2x 100x 94.7x 74.8x 55.7x
EV / EBIT 161x 27.1x 86.2x 179x 335x 355x 223x 144x
EV / FCF 210x 48.9x 176x 354x 235x -127x -157x -179x
FCF Yield 0.48% 2.05% 0.57% 0.28% 0.43% -0.78% -0.64% -0.56%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 1.633 3.62 4.3 2.04 1.08 1.052 1.511 2.227
Distribution rate - - - - - - - -
Net sales 1 53,823 81,462 96,773 97,690 94,827 106,468 121,090 142,095
EBITDA 1 11,555 19,186 16,631 16,645 14,596 14,561 18,547 24,959
EBIT 1 6,523 13,656 8,891 7,076 4,355 3,879 6,223 9,642
Net income 1 5,519 12,556 14,997 7,091 3,794 3,671 5,374 8,024
Net Debt 1 -10,742 -19,086 -23,864 -28,350 -35,683 -22,961 -14,846 -11,347
Reference price 2 352.26 123.18 248.48 403.84 449.72 354.11 354.11 354.11
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.($)
335.44x12.96x94.66x-.--% 1,401B
9.35x1.25x11.27x3.5% 220B
15.42x0.82x5.6x1.6% 103B
35.13x8.88x22.62x1.1% 75.72B
7.21x0.32x2.6x0.94% 67.56B
8.27x1.23x13.92x3.17% 59.21B
11.73x0.27x3.35x5% 48.09B
23.61x1.37x7.66x2.27% 47.07B
7.63x0.07x0.66x7.62% 42.5B
Average 50.42x 3.02x 18.04x 2.8% 229.29B
Weighted average by Cap. 232.28x 9.39x 67.34x 0.94%

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