- Tesla’s 3rd quarter adjusted EPS fell short of estimates, coming in at 66c instead of the estimated 74c.
- The EPS was 53c while the basic EPS was 58c.
- Tesla’s revenue for the quarter was $23.35 billion, lower than the estimated $24.06 billion.
- The company’s free cash flow was $848 million, significantly lower than the estimated $2.59 billion.
- Tesla’s gross margin was 17.9%, slightly under the estimated 18%.
- The company received 23 buys, 20 holds, and 9 sells.
Tesla Motors on Smartkarma
Analysts on Smartkarma have been closely monitoring Tesla Motors, publishing reports to give investors an idea of the company’s performance. Caixin Global‘s report on Tesla’s third quarter deliveries and price cuts for top models shows a bearish sentiment, while Vicki Bryan‘s report on Tesla’s problem of fading demand and not disruptive factory updates also reveals a bearish outlook. In contrast, Baptista Research‘s report on Tesla’s hot pursuit of wireless charging advancements and Kevin George‘s report on Tesla’s earnings preview and cash flow negative situation both show a positive outlook.
These reports from independent analysts on Smartkarma provide investors with valuable insight into Tesla’s current performance and future prospects. Investors can use this information to make informed decisions about their investments in the company. With Smartkarma, investors can access the latest research, opinions and insights from top independent analysts to gain a better understanding of Tesla Motors.
A look at Tesla Motors Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Tesla Motors is a leader in the automotive and clean energy industry, designing and manufacturing electric vehicles, battery energy storage from home to grid-scale, solar panels and solar roof tiles. The company’s long-term outlook is promising; according to Smartkarma Smart Scores, Tesla Motors scores a 5/5 for growth potential, a 4/5 for resilience, and a 4/5 for momentum. Additionally, the company has a strong value score of 2/5 and a weak dividend score of 1/5. This indicates that while Tesla Motors may not be a great dividend option, its growth potential and resilience are strong.
Tesla Motors is well-positioned to capitalize on the increasing demand for electric vehicles, battery energy storage, and solar products. With its strong growth potential, resilience, and momentum, Tesla Motors is likely to remain at the forefront of the automotive and clean energy industry for years to come.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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