TSLA - Embedded Expectations Analysis - 2020 11 16
Tesla, Inc. (TSLA:USA) currently trades at a historical high relative to UAFRS-based (Uniform) earnings, with a 100.2x Uniform P/E. At these levels, the market has bullish expectations for the firm, and management is confident about Tesla Semi, quarterly performance, and their factories in Berlin and AustinSpecifically, management appears confident in their ability to release the Full Self-Driving (FSD) system this year, that their new factories in Berlin and Austin will be equipped with the best technology, and that Tesla Semi will have a material impact on the freight market. In addition, they are confident they had a good quarterly performance overall for their products
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.
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