/
We are focused on bringing artificial intelligence ( AI ) into the real world, through products and services like Full Self-Driving ( FSD ) (Supervised) and Robotaxi, as well as working to develop and commercialize AI robots ( Bots ) (including Optimus). We intend to leverage our current operations, in which we design, develop, manufacture, sell and lease high-performance fully electri…
$423.74
+$7.86 (+1.89%)
Last close via Marketstack
Operating margin is thin at 4.59%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 2.9% YoY. Margins deteriorated 2.7pp alongside, both lines moving the wrong way.
At 389x earnings, the current multiple leaves limited room for execution misses or growth deceleration. ROIC dropped from 6.60% to 3.20%, capital efficiency is deteriorating.
388.8x earnings, 214.2x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$97.88B
▼ -2.9% YoY
Net Income (TTM)
$3.86B
▼ -46.5% YoY
Op. Margin
5.00%
▼ -2.7pp YoY
ROIC
3.55%
▼ -3.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$7.00B
▲ +73.7% YoY
Op. Cash Flow (TTM)
$16.53B
▼ -1.2% YoY
Net Debt
-$28.85B
Net Cash Position
Cash & Equiv.
$44.74B
5Y CAGR: +24.6%
5Y CAGR: +17.4%
Continue Research