Tesla, Inc. (TSLA) Stock

Tesla, Inc. (TSLA) is a Consumer Discretionary stock trading at $380.08 (as of 2026-07-17), with a market capitalization of $1.43T and a trailing P/E of 369.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Tesla designs, develops, manufactures, leases, and sells electric vehicles and energy generation and storage systems. It operates in two segments: Automotive, including vehicle sales and related services, and Energy Generation and Storage, including solar and battery products and related services for customers and utilities.

Understand Tesla, Inc.: how it makes money

Tesla designs, develops, manufactures, and sells electric vehicles, and also sells energy generation and storage systems. It makes money primarily through automotive sales (including vehicles and related services) and through energy generation and storage revenue, with additional contributions from items like regulatory credits and Full Self-Driving related features.

Tesla's profit engine is the mix of (1) Automotive revenue, which can include vehicles, after-sales and services, and regulatory credits, and (2) Energy Generation and Storage revenue, with incremental upside tied to ongoing Full Self-Driving customer activity.

Revenue by segment (latest quarter)
Automotive$16.2B
Energy$2.4B
Services & Other$3.8B

Business quality (Weak): Segmented model (Automotive and Energy) with identifiable operating drivers in Full Self-Driving customer activity and energy storage deployments, but reported operating margin (4.2%) indicates limited room for adverse mix shifts or demand pressure.

Valuation: At 400× earnings, TSLA trades 1902% above the Automobiles & Trucks average (20×). Note: one-time items can distort reported P/E.

Bull case

  • Recurring software-like monetization signal: Tesla tracks Paid Full Self-Driving Customers (Global), and Full Self-Driving also has related subscription activity (Active Full Self-Driving Subscriptions), which suggests ongoing monetization beyond one-time vehicle sales.
  • Energy business adds a second revenue engine: Tesla operates in Energy Generation and Storage, and tracks Energy Storage Products Deployed (GWh), providing a measurable operating pathway separate from automotive deliveries.

Bear case

  • Operating leverage looks constrained: With gross margin of 21.1% and operating margin of 4.2% (for the 2026-03-31 period), profitability appears sensitive to cost and revenue mix changes across Automotive and Energy.
  • Automotive revenue includes categories that may be less predictable: Tesla's Automotive segment includes automotive regulatory credits and various service and other items, which introduces potential variability compared with purely vehicle sales.
  • Full Self-Driving adoption matters: Tesla's Full Self-Driving contribution and tracked paid customer metrics highlight that results can depend on customer uptake and continued engagement.
Valuation — source: SEC EDGAR (first-party)
Price$380.08
Market Cap$1.43T
P/E Ratio369.3
EV / EBITDA140.2
Price / Book16.83
Price / Sales14.57
FCF Yield0.5%
DCF Value (model)$8.92
DCF Upside vs Price-97.7%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$94.83B
Net Margin4.0%
Revenue Growth (YoY)15.8%
EPS Growth (YoY)15.4%
FCF Growth (YoY)117.5%
Financial Health — source: SEC EDGAR
Altman Z-Score17.07 (safe)
Piotroski F-Score6/9 (moderate)
Valuation vs Sector & Industry
Stock P/E369.3
Sector P/E (Consumer Discretionary)21.6
Industry P/E (Automobiles & Trucks)18.7
vs Sector1612.8%
vs Industry1878.9%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Insider Buys (12mo)25
Insider Sells (12mo)27
Top Institutional HolderVANGUARD GROUP INC ($116.44B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorConsumer Discretionary
IndustryAutomobiles & Trucks
CEOElon R. Musk
Employees125,665
CountryUS
IPO Date2010-06-29

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TSLA earnings history · TSLA institutional & insider holders · TSLA KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-17.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.