Question: How Much Is Tesla’S 2020 Debt?

Is Tesla overvalued 2020?

Tesl TSLA -5.5% a stock has risen 291% in 2020 making it the world’s most highly valued car company based on its $254 billion market capitalization, according to Forbes.

Indeed, if Tesla merely hit the average analyst price target — its shares would fall by 47%.

….

How much is Apple’s debt?

Based on Apple’s balance sheet as of May 1, 2020, long-term debt is at $89.09 billion and current debt is at $20.42 billion, amounting to $109.51 billion in total debt. Adjusted for $40.17 billion in cash-equivalents, the company’s net debt is at $69.33 billion.

Will Tesla drop prices in 2020?

Tesla has cut prices on its Model 3, Model X, and Model S electric vehicles. … Tesla outperformed competitors in the first quarter of 2020, but the outlook for electric-vehicle sales in general through the rest of the year isn’t good.

Is Tesla a good buy right now?

The IBD Stock Checkup tool shows that Tesla has an IBD Composite Rating of 98 out of a best-possible 99. The rating means Tesla stock currently outperforms 98% of all stocks in terms of the most important fundamental and technical stock-picking criteria.

Who owns most of Tesla?

Top 10 Owners of Tesla IncStockholderStakeShares ownedCapital Research & Management Co….5.73%53,390,465The Vanguard Group, Inc.4.55%42,370,340Baillie Gifford & Co.4.25%39,630,758BlackRock Fund Advisors2.92%27,198,2656 more rows

Is Tesla in trouble financially?

Tesla, which has never had a profitable year, ended 2019 with a loss of $862 million, less than its two previous annual losses. Revenue was $7.4 billion in the fourth quarter, the company said, up from $6.3 billion in the third quarter.

Is Tesla profitable in q2 2020?

For the second quarter of 2020, Tesla made $104 million in net income on more than $6 billion in revenues. … The profit was particularly significant because it marks the first time Tesla has recorded four quarters in a row—or a year’s worth—of positive earnings, a key milestone for inclusion in the S&P 500 index.

How much is Tesla’s debt?

Tesla has about $13 billion in debt on the books and about $6.9 billion net of cash on hand. Net debt is less than 2 times estimated 2020 earnings before interest, taxes, depreciation and amortization, or Ebitda. That is lower than at the average company in the S&P 500, although car makers are tougher to analyze.

How much cash does Tesla have 2020?

By 2Q 2020, Tesla has already had nearly $9 billion of cash as reserves in the banks. During the same quarter, the company has also generated as much as $500 million of free cash flow, leaving plenty of cash around for the next quarter and the rest of 2020.

Why is Tesla’s stock so high?

The quarterly profit recently reported definitely helped. In fact, the biggest reason behind the stock run is earnings. Tesla numbers have come in much better than expected for several quarters. And Wall Street’s estimated 2021 earnings have gone from less than $12 to almost $15 a share over the past few months.

What will Tesla be worth in 10 years?

I think that, based on the thorough research from some very smart people, as well as my own research, a $2 trillion dollar market cap by 2030 seems plausible. This means the stock could be worth ~$10.000 in 10 years time ($2000 after the recent 5:1 stock split).

Is Tesla going broke?

While Tesla has $5.8 billion in cash currently, with the number likely to grow to $7 billion by the end of 2020, the cash burn and debt payments due over 2021 and 2022 could cause the company to run low on cash by 2023. This could be an issue, as about $3.6 billion in debt payments come due over 2024 and 2025.

Is Tesla profitable now?

As a result, Tesla has now been profitable for four straight quarters for the first time in company history — an elusive benchmark the company has long sought. … This helped the company generate $6 billion in revenue, buoyed by $370 million in energy storage sales and $487 million in services revenue.

How much cash has Tesla burned?

Although Tesla suspended production at its Fremont factory last month, it managed to build about 14,000 more vehicles than it handed over to customers in the quarter. Inventory build-up led the company to burn through about $895 million in cash during the period.

Do Tesla pay dividends?

Tesla has never declared dividends on our common stock. We intend on retaining all future earnings to finance future growth and therefore, do not anticipate paying any cash dividends in the foreseeable future.

Will Tesla be around in 5 years?

According to Wall Street’s biggest Tesla bull, money manager Catherine Wood, the Tesla stock price in five years could reach $7,000.

What is a fair price for Tesla stock?

TSLA Price/Volume StatsCurrent price$422.8552-week highPrev. close$400.5152-week lowDay low$406.69VolumeDay high$427.77Avg. volume50-day MA$422.61Dividend yield1 more row

Is the Tesla truck bulletproof?

LOS ANGELES — Tesla CEO Elon Musk unveiled the company’s electric Cybertruck Thursday, but an attempt to show off the vehicle’s strength hit a bump in the road. … A video played on screens showing a bullet striking it, and Musk said, “It is literally bulletproof to a 9 mm handgun, that’s how strong the skin is.”