Company profile

Elon Reeve Musk
Incorporated in
Fiscal year end
Former names
Tesla Motors Inc
IRS number

TSLA stock data


Investment data

Data from SEC filings
Securities sold
Number of investors


29 Oct 19
27 Jan 20
31 Dec 20


Company financial data Financial data

Quarter (USD) Sep 19 Jun 19 Mar 19 Dec 18
Revenue 6.3B 6.35B 4.54B 7.23B
Net income 143M -408.33M -702.14M 139.48M
Diluted EPS 0.78 -2.31 -4.1 0.84
Net profit margin 2.27% -6.43% -15.46% 1.93%
Operating income 261M -167.46M -521.83M 413.93M
Net change in cash 383.26M 2.76B -1.49B 719M
Cash on hand 5.34B 4.95B 2.2B 3.69B
Cost of revenue 5.11B 5.43B 3.98B 5.78B
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 21.46B 11.76B 7B 4.05B
Net income -976.09M -1.96B -674.91M -888.66M
Diluted EPS -5.72 -11.83 -4.68 -6.93
Net profit margin -4.55% -16.68% -9.64% -21.96%
Operating income -388.07M -1.63B -667.34M -716.63M
Net change in cash 318M -25.22M 2.2B -708.81M
Cash on hand 3.69B 3.37B 3.39B 1.2B
Cost of revenue 17.42B 9.54B 5.4B 3.12B

Financial data from Tesla earnings reports

52.5% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 742 767 -3.3%
Opened positions 86 102 -15.7%
Closed positions 111 155 -28.4%
Increased positions 217 282 -23.0%
Reduced positions 210 214 -1.9%
13F shares
Current Prev Q Change
Total value 23.2B 22.26B +4.2%
Total shares 94.69M 103.03M -8.1%
Total puts 83.94M 81.84M +2.6%
Total calls 27.34M 38.8M -29.5%
Total put/call ratio 3.1 2.1 +45.6%
Largest owners
Shares Value Change
Baillie Gifford & Co 13.45M $3.24B +0.3%
Capital World Investors 10.24M $2.47B +4.6%
Public Investment Fund 8.28M $1.99B 0.0%
Vanguard 7.91M $1.91B +2.9%
BLK BlackRock 6.41M $1.54B +5.7%
FMR 5.29M $1.27B +7.4%
Jennison Associates 4.04M $973.66M -6.3%
STT State Street 2.93M $706.73M +1.6%
IVZ Invesco 1.7M $409.17M +2.7%
Bamco 1.63M $392.08M -0.2%
Largest transactions
Shares Bought/sold Change
Schroder Investment Management 0 -6M EXIT
GS The Goldman Sachs Group, Inc. 538.02K -1.07M -66.5%
MS Morgan Stanley 959.83K -837.18K -46.6%
Citadel Advisors 311.81K -758.02K -70.9%
Sumitomo Mitsui Trust 1.45M +733.76K +102.6%
Renaissance Technologies 671K +568.33K +553.5%
Capital World Investors 10.24M +450.74K +4.6%
N Price T Rowe Associates 830.14K -439.87K -34.6%
FMR 5.29M +362.73K +7.4%
Hillhouse Capital Advisors 171.4K -349.18K -67.1%

Financial report summary

  • We have experienced in the past, and may experience in the future, delays or other complications in the design, manufacture, launch, production, delivery and servicing ramp of new vehicles and energy products, as well as product features, which could harm our brand, business, prospects, financial condition and operating results.
  • We may be unable to meet our growing vehicle production, sales and delivery plans and servicing needs, any of which could harm our business and prospects.
  • Our future growth and success is dependent upon consumers’ willingness to adopt electric vehicles and specifically our vehicles, especially in the mass market demographic which we are targeting with vehicles such as Model 3.
  • We are dependent on our suppliers, the majority of which are single-source suppliers, and the inability of these suppliers to deliver necessary components of our products according to our schedule and at prices, quality levels and volumes acceptable to us, or our inability to efficiently manage these components, could have a material adverse effect on our financial condition and operating results.
  • Future problems or delays in expanding Gigafactory 1 or ramping operations there could negatively affect the production and profitability of our products, such as Model 3 and our energy storage products.
  • If our vehicles or other products that we sell or install fail to perform as expected, our ability to develop, market and sell our products and services could be harmed.
  • If we fail to scale our business operations and otherwise manage future growth and adapt to new conditions effectively as we rapidly grow our company, including internationally, we may not be able to produce, market, sell and service our products successfully.
  • We face risks associated with our global operations and expansion, including unfavorable and uncertain regulatory, political, economic, tax and labor conditions, and with establishing ourselves in new markets, all of which could harm our business.
  • Increases in costs, disruption of supply or shortage of materials, in particular for lithium-ion cells, could harm our business.
  • The markets in which we operate are highly competitive, and we may not be successful in competing in these industries. We currently face competition from new and established domestic and international competitors and expect to face competition from others in the future, including competition from companies with new technology.
  • If we are unable to establish and maintain confidence in our long-term business prospects among consumers, analysts and within our industries, then our financial condition, operating results, business prospects and stock price may suffer materially.
  • If we fail to effectively grow and manage the residual, financing and credit risks related to our vehicle financing programs, our business may suffer.
  • Any failure by us to comply with the terms of our agreement with the Research Foundation for the State University of New York relating to our Gigafactory 2, could result in negative consequences for our business.
  • If we are unable to attract and/or retain key employees and hire qualified personnel, our ability to compete could be harmed.
  • We are highly dependent on the services of Elon Musk, our Chief Executive Officer.
  • We are continuously expanding and improving our information technology systems and use security measures designed to protect our systems against breaches and cyber-attacks. If these efforts are not successful, our business and operations could be disrupted and our operating results and reputation could be harmed.
  • We are subject to various environmental and safety laws and regulations that could impose substantial costs upon us and negatively impact our ability to operate our manufacturing facilities.
  • Our business may be adversely affected by any disruptions caused by union activities.
  • Our products and services are subject to substantial regulations, which are evolving, and unfavorable changes or failure by us to comply with these regulations could substantially harm our business and operating results.
  • Failure to comply with various privacy and consumer protection laws to which we are subject could harm the Company.
  • We may choose to or be compelled to undertake product recalls or take other similar actions, which could adversely affect our brand image and financial performance.
  • Our insurance coverage strategy may not be adequate to protect us from all business risks.
  • Our financial results may vary significantly from period-to-period due to fluctuations in our operating costs and other factors.
  • Our debt agreements contain covenant restrictions that may limit our ability to operate our business.
  • We may need or want to raise additional funds and these funds may not be available to us when we need them. If we cannot raise additional funds when we need or want them, our operations and prospects could be negatively affected.
  • We could be subject to liability, penalties and other restrictive sanctions and adverse consequences arising out of certain governmental investigations and proceedings.
  • If we update or discontinue the use of our manufacturing equipment more quickly than expected, we may have to shorten the useful lives of any equipment to be retired as a result of any such update, and the resulting acceleration in our depreciation could negatively affect our financial results.
  • We are exposed to fluctuations in currency exchange rates, which could negatively affect our financial results.
  • We may need to defend ourselves against intellectual property infringement claims, which may be time-consuming and could cause us to incur substantial costs.
  • Tesla is a highly-visible public company whose products, business, results of operations, statements and actions are often scrutinized by critics whose influence could negatively impact the perception of our brand and the market value of our common stock.
  • Our facilities or operations could be damaged or adversely affected as a result of disasters.
  • The trading price of our common stock is likely to continue to be volatile.
  • We may fail to meet our publicly announced guidance or other expectations about our business, which could cause our stock price to decline.
  • Transactions relating to our convertible notes may dilute the ownership interest of existing stockholders, or may otherwise depress the price of our common stock.
  • Elon Musk has pledged shares of our common stock to secure certain bank borrowings. If Mr. Musk were forced to sell these shares in order to satisfy his loan obligations, such sales could cause our stock price to decline.
Management Discussion
  • Automotive sales revenue includes revenues related to the sale of new Model S, Model X and Model 3 vehicles, including access to our Supercharger network, internet connectivity, Autopilot and FSD features and over-the-air software updates, as well as sales of regulatory credits to other automotive manufacturers. Our revenue from regulatory credits fluctuates by quarter depending on when a contract is executed with a buyer and when the credits are delivered. For example, our revenue from regulatory credit sales in the three months ended September 30, 2019 was $134 million while it was $216 million in the three months ended March 31, 2019.
  • Automotive leasing revenue includes the amortization of revenue for Model S, Model X and Model 3 vehicles under direct lease agreements as well as those sold with resale value guarantees accounted for as operating leases under lease accounting. We began offering leasing for Model 3 vehicles in the second quarter of 2019.
  • Services and other revenue consists of non-warranty after-sales vehicle services, sales of used vehicles, retail merchandise, and sales by our acquired subsidiaries to third party customers.
Content analysis ?
H.S. senior Avg
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