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 1,492,692 - -
Change - -63.43% 103.07% 64.12% 15.38% -0.2% - -
Enterprise Value (EV) 1 1,052,822 369,886 766,034 1,268,000 1,460,004 1,469,731 1,477,846 1,481,345
Change - -64.87% 107.1% 65.53% 15.14% 0.67% 0.55% 0.24%
P/E 216x 34x 57.8x 198x 416x 349x 250x 172x
PBR 36.2x 9.56x 13.8x 19.4x 19.3x 14.3x 13.1x 11.8x
PEG - 0x 3.1x -3.8x -8.8x -292.87x 6.3x 3.8x
Capitalization / Revenue 19.8x 4.77x 8.16x 13.3x 15.8x 14x 12.4x 10.5x
EV / Revenue 19.6x 4.54x 7.92x 13x 15.4x 13.8x 12.2x 10.5x
EV / EBITDA 91.1x 19.3x 46.1x 76.2x 100x 99.7x 79.9x 59.8x
EV / EBIT 161x 27.1x 86.2x 179x 335x 369x 238x 156x
EV / FCF 210x 48.9x 176x 354x 235x -137x -169x -194x
FCF Yield 0.48% 2.05% 0.57% 0.28% 0.43% -0.73% -0.59% -0.52%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 1.633 3.62 4.3 2.04 1.08 1.067 1.49 2.16
Distribution rate - - - - - - - -
Net sales 1 53,823 81,462 96,773 97,690 94,827 106,277 120,798 141,540
EBITDA 1 11,555 19,186 16,631 16,645 14,596 14,737 18,505 24,769
EBIT 1 6,523 13,656 8,891 7,076 4,355 3,987 6,217 9,526
Net income 1 5,519 12,556 14,997 7,091 3,794 3,723 5,319 7,836
Net Debt 1 -10,742 -19,086 -23,864 -28,350 -35,683 -22,961 -14,846 -11,347
Reference price 2 352.26 123.18 248.48 403.84 449.72 372.11 372.11 372.11
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
352.4x13.83x99.9x-.--% 1,493B
16.24x0.9x6.21x1.52% 105B
-6.27x3.27x-12.79x-.--% 22.14B
69.72x0.04x1.21x0.12% 11.69B
-20.82x0.19x-25.73x-.--% 11.55B
-19.35x0.59x-38.2x-.--% 9.81B
-26.96x0.34x5.8x-.--% 9.08B
-1.94x2.93x-6.81x - 7.32B
15.6x0.17x4.37x-.--% 6.45B
Average 42.07x 2.48x 3.77x 0.2% 186.21B
Weighted average by Cap. 314.95x 12.44x 88.83x 0.1%

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