Report
David Whiston, CFA, CPA, CFE
EUR 147.86 For Business Accounts Only

Tesla wants to move the world to sustainable energy via solar power and electric transport.

Tesla pleasantly surprised the market after close on Oct. 26 by reporting its second-ever profitable quarter on a GAAP basis with diluted EPS of $0.14. Excluding stock compensation charges, Tesla’s EPS came in at $0.71. The company also now uses GAAP revenue which means it no longer adds back deferred revenue from third party lease sales and the residual value guarantee program. Third-quarter GAAP revenue increased by 81% from second-quarter 2016 to $2.3 billion and by 145% year over year. Volum...
Underlying
Tesla Inc

Tesla designs, develops, manufactures, sells and leases electric vehicles and energy generation and storage systems, and provides services related to its products. The company operates as two reportable segments: automotive, which includes the design, development, manufacturing, sales, and leasing of electric vehicles as well as sales of automotive regulatory credits; and energy generation and storage, which includes the design, manufacture, installation, sales, and leasing of solar energy generation and energy storage products, services related to such products, and sales of solar energy system incentives.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
David Whiston, CFA, CPA, CFE

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