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TSLATesla, Inc.Sell4.7·$414.00+5.22%
SellModerate Confidence
Investment thesis

Tesla presents a challenging near-term setup: three consecutive earnings misses of material magnitude, a forward price-to-earnings ratio of 163 times that embeds an exceptionally optimistic long-term scenario, and negative price momentum — offset only by excellent free cash flow conversion at 136% of net income and a Piotroski F-Score of 8 out of 9 that indicate the underlying financial health is stronger than headline profitability implies.

Thesis pillars

  • Rich Valuation PremiumStable
  • Persistent Earnings Miss PatternStable
  • Strong Free Cash ConversionStable
  • +2 more pillars — see the Why tab for full reasoning

Full reasoning →

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Tesla, Inc. (TSLA) Stock Analysis

Momentum Cont setup

SellVALUE-TRAP 1/5Moderate Confidence

Consumer Cyclical · Auto Manufacturers

Sell if holding. At $414.00, A.R:R is negative (-0.6) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Supplier: Panasonic and CATL; Concentration risk — Supplier: single-source direct suppliers.

Tesla, Inc. designs, manufactures, and sells electric vehicles, including the Model 3, Y, S, X, and Cybertruck, plus energy generation and storage products such as Powerwall, Megapack, and Solar Roof, sold directly to customers rather than through franchised dealers. The company... Read more

$414.00+1.1% A.UpsideScore 4.7/10#11 of 17 Auto Manufacturers
QualityF-score8 / 9FCF yield0.36%
Stop $390.39Target $424.20(resistance)A.R:R -0.6:1
Analyst target$423.40+2.3%41 analysts
$424.20our TP
$414.00price
$423.40mean
$125
$600

Sell if holding. At $414.00, A.R:R is negative (-0.6) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Supplier: Panasonic and CATL; Concentration risk — Supplier: single-source direct suppliers. Chart setup: Trend continuation, RSI 54, MACD bullish. Score 4.7/10, moderate confidence.

Passes 6/7 gates (positive momentum, clean insider activity, no SEC red flags, earnings proximity 17d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

10-K grounded · weekly refresh

About Tesla, Inc.

About Tesla, Inc.

Tesla manufactures five consumer vehicles — Model 3, Model Y, Model S, Model X, and Cybertruck — plus the Tesla Semi, across manufacturing facilities in California, New York, Texas, and Nevada domestically and in China and Germany internationally. The company operates two reportable segments, automotive and energy generation and storage, and launched its Robotaxi autonomous ride-hailing service in June 2025 using Model Y vehicles ahead of a planned transition to the purpose-built Cybercab.

Tesla sells vehicles directly to consumers through its website and company-owned stores rather than franchised dealers, supplemented by leasing and loan financing in North America, Europe, and Asia, and a usage-based auto insurance product now offered in 13 states. The energy segment generates revenue from Powerwall and Megapack battery storage systems and Solar Roof and retrofit solar panels, sold directly and through channel partners, plus power purchase agreements with commercial customers. Tesla depends on suppliers including Panasonic and Contemporary Amperex Technology Co. Limited (CATL) for lithium-ion battery cells, alongside thousands of other global suppliers, some of which are single-source; the company began operating its own in-house lithium refinery in Texas in January 2026 to reduce that dependency. Additional revenue comes from used-vehicle sales, non-warranty service, paid Supercharging, and automotive regulatory credits sold to other manufacturers for emissions compliance.

Show full overview

Discretionary-spending exposure for Tesla intensified after the One Big Beautiful Bill Act, signed July 4, 2025, repealed individual consumer tax credits for electric vehicles and residential energy property and imposed accelerated phase-outs on the remaining Inflation Reduction Act incentives, while also restricting the automotive regulatory-credit programs Tesla sells to other manufacturers for emissions compliance. Federal residential clean-energy tax credits under IRC Sections 48, 48E, and 25D expired entirely on December 31, 2025, removing a price-parity lever for both vehicle and energy-storage buyers just as rising interest rates, per the filing, may lead consumers to pull back discretionary spending on Tesla's products.

See also: Consumer Cyclical · Auto Manufacturers

From Tesla, Inc.'s most recent 10-K filing, extracted July 3, 2026.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Jul 22, 202617d to earnings· next earnings call

Thesis

Rewards
Positive momentum
Risks
Concentration risk — Supplier: Panasonic and CATL
Concentration risk — Supplier: single-source direct suppliers
Analyst target reached - limited upside remaining

Key Metrics

P/E (TTM)357.7
P/E (Fwd)154.5
Mkt Cap$1.48T
EV/EBITDA130.7
Profit Mgn3.9%
ROE4.9%
Rev Growth15.8%
Beta1.80
DividendNone
Rating analysts60

Quality Signals

Piotroski F8/9MoatNarrow

Options Flow

P/C1.13bearish
IV67%elevated

Concentration Risks(10-K Item 1A)

  • HIGHSupplierPanasonic and CATL
    10-K Item 1A: 'we rely on suppliers such as Panasonic and Contemporary Amperex Technology Co. Limited (CATL) for these cells. We have to date fully qualified only a very limited number of such suppliers and have limited flexibility in changing suppliers.'
  • HIGHSuppliersingle-source direct suppliers
    10-K Item 1A: 'Our products contain thousands of parts purchased globally from hundreds of suppliers, including single-source direct suppliers, which exposes us to multiple potential sources of component shortages.'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.

Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers

Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static

Ps
0.0
Forward Pe
1.0
Peg Ratio
2.0
Analyst Target
4.0
Forward P/E: 154.5xPEG: 5.76Expensive valuation

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
1.6
Support Resistance
2.0
Gap
5.0
52w Position
6.8
GatesA.R:R -0.6=NEGATIVEMomentum 7.7>=5.5Insider activity: OKNo SEC red flagsEARNINGS PROXIMITY 17d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARMomentum ContSuitability: Aggressive
RSI
54 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $368.60Resistance $432.86

Price Targets

$390
$424
A.Upside+2.5%
A.R:R-0.6:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-7.2% upside)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-07-22 (17d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is TSLA stock a buy right now?

Sell if holding. At $414.00, A.R:R is negative (-0.6) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Supplier: Panasonic and CATL; Concentration risk — Supplier: single-source direct suppliers. Chart setup: Trend continuation, RSI 54, MACD bullish. Prior stop was $390.39. Score 4.7/10, moderate confidence.

What is the TSLA stock price target?

Take-profit target: $424.20 (+1.1% upside). Prior stop was $390.39. Stop-loss: $390.39.

What are the risks of investing in TSLA?

Concentration risk — Supplier: Panasonic and CATL; Concentration risk — Supplier: single-source direct suppliers; Analyst target reached - limited upside remaining.

Is TSLA overvalued or undervalued?

Tesla, Inc. trades at a P/E of 357.7 (forward 154.5). TrendMatrix value score: 1.4/10. Verdict: Sell.

What do analysts say about TSLA?

60 analysts cover TSLA with a consensus score of 3.5/5. Average price target: $423.

What does Tesla, Inc. do?Tesla, Inc. designs, manufactures, and sells electric vehicles, including the Model 3, Y, S, X, and Cybertruck, plus...

Tesla, Inc. designs, manufactures, and sells electric vehicles, including the Model 3, Y, S, X, and Cybertruck, plus energy generation and storage products such as Powerwall, Megapack, and Solar Roof, sold directly to customers rather than through franchised dealers. The company operates two segments, automotive and energy generation and storage, and launched its Robotaxi autonomous ride-hailing service in June 2025. Tesla depends on suppliers including Panasonic and CATL for lithium-ion battery cells and began operating its own lithium refinery in Texas in January 2026.

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