This report provides an overview and analysis of Tesla Inc. stock. It finds the stock slightly bullish overall with strong earnings growth and returns over 5 years, but also high volatility and potential overpricing. The company has high market share in electric vehicles and energy storage but also high leverage and debt levels. Recent analyst ratings and price targets for the stock vary from underperform to overweight.

1. Page 1 of 10 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
TSLA:NSD (Tesla Inc)
Auto Manufacturers | NSD | Common Stock
Values as of 23rd May, 2022
Stock Target Advisor
Detailed Stock Report
Report Date: 24th May, 2022
Last Close
USD 674.90
Change
+11.00(+1.66%)
Market Cap
USD 687.81B
1 Yr Capital Gain
11.29%
1 Yr Dividend Return
N/A
1 Yr Total
Return
11.29%
Earning Growth (5 yr)
917.73%
Average Target Price
945.59(+40.11% )
Average Analyst
Rating
Hold
Fundamental
Analysis
Slightly Bullish
Our view of the stock is Slightly Bullish with a score of 6 out of 10, where 0 is very bearish and 10 very bullish
What to like
High market capitalization
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
Superior risk adjusted returns
This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.
Superior return on equity
The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.
Superior capital utilization
The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.
Superior return on assets
The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
Positive free cash flow
The company had positive total free cash flow in the most recent four quarters.
Superior Earnings Growth
This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.
High Gross Profit to Asset Ratio
This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in
the long run.
What to not like
High volatility
The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
Overpriced compared to earnings
The stock is trading high compared to its peers on a price to earning basis and is above the sector median.
Overpriced compared to book value
The stock is trading high compared to its peers median on a price to book value basis.
Overpriced on cashflow basis
The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering
to buy.
Highly leveraged
The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and
management statements. Sometimes this is high because the company is trying to grow aggressively.
Overpriced on free cash flow basis
The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are
considering to buy.

2. Page 2 of 10 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.

3. Page 3 of 10 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
TSLA:NSD (Tesla Inc)
Auto Manufacturers | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 24th May, 2022
Adjusted Closing Share Volume
Relative Returns Relative Performance (Total Returns)
Security Capital Gain Dividend Return Total Return
TSLA
Tesla Inc
+16.2% 0 +16.2%
QQQ
Invesco QQQ Trust Series 1
-10.3% +0.4% -9.9%
Company Overview
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United
States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The
Automotive segment offers electric vehicles, as well as sells automotive regulatory credits. It provides sedans and sport utility vehicles
through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; and purchase financing and leasing services.
This segment is also involved in the provision of non-warranty after-sales vehicle services, sale of used vehicles, retail merchandise, and
vehicle insurance, as well as sale of products to third party customers; services for electric vehicles through its company-owned service
locations, and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and
Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage
products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as
well as through a network of channel partners. This segment also offers service and repairs to its energy product customers, including under
warranty; and various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name
to Tesla, Inc. in February 2017. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.

4. Page 4 of 10 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
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Company Website
https://www.tesla.com
Address
13101 Tesla Road, Austin, TX, United States, 78725
Fiscal Year End
December
Employees
99290
Technical Indicators
Value Value
Beta 2.12 52 Week High 1,243.49
Short Ratio 0.96 52 Week Low 571.22
Shorted Shares 23,732,107 200 Day Moving Average 913.35
Shorted Shares Previous Month 24,552,598 50 Day Moving Average 922.44
Shares Held By Insiders 1,726.30% Short Percentage 3.00%
Shares Held by Institutions 43.12 Dividend Yield N/A

5. Page 5 of 10 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
TSLA:NSD (Tesla Inc)
Auto Manufacturers | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 24th May, 2022
Market Performance
Market Performance vs. Industry / Classification (Auto Manufacturers) Market Performance vs. Exchange (Nasdaq Global Select)
Value Sector Median
Percentile
Rank
Grade Market Median Percentile Rank Grade
YTD
Capital Gain -36.14% -53.8% 79% -20.2% 35%
Dividend Return N/A N/A N/A 0.9% N/A
Total Return -36.14% -53.8% 79% -19.6% 34%
Trailing 12 Months
Capital Gain 11.29% -66.8% 90% -20.7% 91%
Dividend Return N/A N/A N/A 2.3% N/A
Total Return 11.29% -66.8% 90% -19.2% 90%
Trailing 5 Years
Capital Gain 987.78% -31.2% 100% 5.3% 97%
Dividend Return N/A N/A N/A 11.1% N/A
Total Return 987.78% -31.2% 100% 16.4% 97%
Average Annual (5 Year Horizon)
Capital Gain 172.23% 7.7% 100% 2.9% 97%
Dividend Return N/A N/A N/A 1.8% N/A
Total Return 172.23% 7.7% 100% 4.8% 97%
Risk Return Profile
Volatility (Standard
Deviation)
251.45% 43.1% 18% 32.2% 5%
Risk Adjusted Return 68.50% N/A 100% 21.1% 89%
Market Capitalization 687.81B 0.45B 100% 0.39B 100%

6. Page 6 of 10 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
Key Financial Ratios
Ratios vs. Industry / Classification (Computer Hardware) Ratios vs. Exchange (Nasdaq Global Select)
Value Sector Median
Percentile
Rank
Grade Market Median Percentile Rank Grade
Market Value
peratio 89.7 31.1 29% 16.0 11%
pbratio 20.2 3.0 8% 1.6 4%
pcfratio 59.8 -3.4 7% -0.1 4%
pfcfratio 52.3 17.1 43% 10.1 12%
Management Effectiveness
retequity 28.26% -29.7% 100% 0.7% 90%
retinvcap 16.76% -33.2% 100% -0.4% 85%
retass 10.12% -15.8% 100% 0.2% 92%
debtequityratio 14.09% 13.0% 40% 31.8% 68%
Technical Ratios
yield N/A N/A N/A 2.6% N/A
sratio 0.96 7.27 93% 3.11 77%
spercent 2.80% 6.2% 93% 2.9% 51%
beta 2.12 2.12 50% 1.09 9%

7. Page 7 of 10 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
TSLA:NSD (Tesla Inc)
Auto Manufacturers | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 24th May, 2022
Recent Analyst Ratings
Price Action Rating Action Analyst Rating Price date
Maintains Wedbush Outperform USD 1400 » USD 1000 2022-05-19
Target Lowered by BNP Paribas
Underperform »
Underperform
USD 700 » USD 600 2022-05-18
Target Down Piper Sandler Overweight USD 1035 2022-05-18
Upgrades Tudor Pickering Hold 2022-05-17
Adjusts STA Research Buy USD 1150 » USD 900 2022-05-16
Target Down Wells Fargo Equal Weight USD 960 » USD 900 2022-05-11
Initiated by Berenberg Capital Markets Hold USD 900 2022-05-10
Target Raised by Deutsche Bank Capital Buy USD 1200 » USD 1250 2022-04-22
Target Raised by JP Morgan & Company Underweight USD 335 » USD 395 2022-04-21
Target Raised by RBC Royalbank Sector Perform USD 1035 » USD 1175 2022-04-21
Target Raised by Citigroup Sell USD 313 » USD 375 2022-04-21
Maintains STA Research Buy USD 1150 2022-04-21
Target Raised by Oppenheimer Holdings Outperform USD 1103 » USD 1291 2022-04-21
Target Raised by Wells Fargo Equal Weight USD 910 » USD 960 2022-04-21
Target Up Credit Suisse Outperform USD 1025 » USD 1125 2022-04-19
Target Lowered by Piper Sandler Overweight USD 1350 » USD 1260 2022-04-18
Reiterates STA Research Buy USD 1150 2022-04-12
Maintains Morningstar Sell USD 700 2022-04-12
Target Raised by UBS Neutral USD 1000 » USD 1100 2022-04-04
Target Raised by JP Morgan & Company Underperform USD 325 » USD 335 2022-04-04
Initiated by Wedbush Buy USD 1400 2022-04-04
Target Raised by Cowen Market Perform USD 660 » USD 790 2022-04-04
Target Up STA Research Buy USD 1150 2022-03-23
Maintains Morningstar Sell USD 700 2022-03-21
Initiated by Jefferies Financial LLC Buy USD 1250 2022-03-21

8. Page 8 of 10 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
TSLA:NSD (Tesla Inc)
Auto Manufacturers | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 24th May, 2022
Annual Financial (USD)

9. Page 9 of 10 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
TSLA:NSD (Tesla Inc)
Auto Manufacturers | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 24th May, 2022
Quarterly Financial (USD)

10. Page 10 of 10 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
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TSLA:NSD (Tesla Inc)
Auto Manufacturers | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 24th May, 2022
Largest Industry Peers for Auto Manufacturers
Symbol Company Name Price(Change) Market Cap
LI Li Auto Inc -0.53 (-2.2%) USD 24.78B
ARVL Arrival -0.03 (-1.6%) USD 1.17B
FFIE Faraday Future Intelligent Ele.. -0.14 (-5.0%) USD 0.84B
GOEV Canoo Inc -0.14 (-4.1%) USD 0.81B
NIU Niu Technologies -0.37 (-4.7%) USD 0.60B
WKHS Workhorse Group Inc -0.02 (-0.7%) USD 0.45B
CENN Cenntro Electric Group Limited -0.03 (-1.8%) USD 0.45B
BLBD Blue Bird Corporation +0.09 (+0.7%) USD 0.39B
SEV Sono Group N.V. Common Shares +0.05 (+1.7%) USD 0.25B
SOLO Electrameccanica Vehicles Corp +0.01 (+0.6%) USD 0.19B
ETFs Containing TSLA
Symbol Company Name Weight Mer Price(Change) Market Cap
VONE Vanguard Russell 1000 Index Fu.. 1.78 % 0.12 % +3.15 (+-0.7%) USD 5.06B
VTHR Vanguard Russell 3000 Index Fu.. 1.68 % 0.15 % +3.06 (+-0.7%) USD 1.10B
VTI Vanguard Index Funds - Vanguar.. 1.64 % 0.03 % +3.34 (+-0.7%) USD 1,200.91B
KOKU Xtrackers MSCI Kokusai Equity .. 1.38 % 0.00 % +1.32 (+-0.7%) N/A
SPF1:XETRA SSgA SPDR ETFs Europe II plc -.. 1.26 % 0.00 % +0.27 (+-0.7%) USD 0.38B
ZPRC:F SSgA SPDR ETFs Europe II plc -.. 1.26 % 0.00 % -0.24 (-0.7%) USD 0.63B
ZPRC:XETRA SSgA SPDR ETFs Europe II plc -.. 1.26 % 0.00 % -0.08 (-0.7%) USD 0.63B
SPF1:F SSgA SPDR ETFs Europe II plc -.. 1.26 % 0.00 % +0.08 (+-0.7%) N/A
GCVB:LSE SSgA SPDR ETFs Europe II plc -.. 1.11 % 0.00 % +0.37 (+-0.7%) USD 0.63B
GLCB:LSE SSgA SPDR ETFs Europe II plc -.. 1.07 % 0.00 % +0.01 (+-0.7%) USD 0.63B
The Stock Target Advisor platform run millions of calculations every day on over 30,000 Canadian and American stocks, comparing and
ranking their financial and market performance against their sectors and exchange.
We represent the percentile ranking using the following grading system.
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%