Opinions The Weekly Buzzing Stocks by Billy Kawasaki
Tesla IncTSLATOP PICKOct 03, 2024
Stock price when the opinion was issued
As of Jun 05, 2026. Market Open.
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Premium contentIn the last quarter, the company reported 0.41 USD per share, beating the 0.35 USD estimate by 15.87%. Revenue for the same period reached 22.39 B USD, despite the estimate of 22.10 B USD. For the next quarter, analysts expect 0.43 USD in earnings per share and 24.25 B USD in revenue. Social media mentions are up 324% in the past 24h.
They reported Q1 last week and disappointed: 385K deliveries, well below expectations, but they totaled 408K vehicles in production, increasing 13% YOY, possibly creating excess inventory and leading to cutting prices. Also, energy storage was 8.8 gigawatt hours deployed vs. the expected 14.4, very disappointing. That said, Tesla has seen auto deliveries decline for 2 years, after peaking in 2023-4 while earnings peaked in 2022 at $4.07 EPS before falling 23%, 22% and another 31% in the next three years, nearly 60%. over 5 years, shares are up 53%. Tesla needs show growth in another area, robotaxis, to inspire shareholders, but there's no indication of sales or progress in this area. With their car business deteriorating, investors are starting to wonder if this is a dangerous stock, especially with Musk taking SpaceX public in the future. But that could trigger a sell-off of Tesla shares to buy SpaceX--right now, Tesla is the only way to invest in Musk, which is scarcity value, but that will end when SpaceX goes public. Until there's progress in robotaxis, Tesla shares will continue to fall.
Premium contentIn the last quarter, the company reported 0.50 USD per share, beating the 0.45 USD estimate by 9.94%. Revenue for the same period reached 24.90 B USD, despite the estimate of 24.78 B USD. For the next quarter, analysts expect 0.41 USD in earnings per share and 22.96 B USD in revenue. Social media mentions are up 91% in the past 24h.
Premium contentIn the last quarter, the company reported 0.50 USD per share, beating the 0.45 USD estimate by 9.94%. Revenue for the same period reached 24.90 B USD, despite the estimate of 24.78 B USD. For the next quarter, analysts expect 0.41 USD in earnings per share and 22.96 B USD in revenue. Social media mentions are up 91% in the past 24h.
Hard to know what the future holds for this company. Taking gigantic bets on robotics and power generation, and spending a lot of $$. Valuation is ~200x PE!! A lot of this fantastic news that may or may not happen in the future seems to be already priced into the stock. Elon Musk is an amazing storyteller.
He won't buy for clients right now. He doesn't like to buy on unknown what-ifs 20 years in the future. We'll have to see how the Chinese EVs work out. But if it came down to a reasonable valuation, he'd be interested.
Premium contentTesla reported a revenue of 28.1B, which is a 24.9% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction. Gross Profit stood at 5.05B, marking a 30.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes. Social media mentions are up 227% in the past 24h.
Used to be invested, but not now. Sees a lot of potential for upside, but also for downside. Robotics (very early stages) and autonomous vehicles (will take longer to gain adoption). She wants companies with good risk/reward plus some kind of valuation support to get them through a downturn. TSLA doesn't have that.
Long term, over 10 years, likely to do well.
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. It operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, retail merchandise, and vehicle insurance services. This segment 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. 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; and provision of service and repairs to its energy product customers, including under warranty, as well as various financing options to its solar customers. 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. Social media mentions are up 247% in the past 24h.