Musings on Markets · 2023-11-01 · 946d

Tesla Valuation Analysis: November 2023 Narrative Shifts and Market Impact

A comprehensive valuation reassessment of Tesla as of October 2023, examining how divergent narrative stories about the company's future drive significant differences in its perceived value. The analysis compares Tesla's actual performance against historical projections and explores the tension between the company's innovation capabilities and execution challenges under Elon Musk's leadership.

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Metrics in this report

Operating Income

10.7$ billions

twelve months ending September 2023

Tesla total company

Operating Margin

11.18%

twelve months ending September 2023

Tesla total company

Operating Revenue

95.9$ billions

twelve months ending September 2023

Tesla total company

Projected 2023 Operating Margin

12.50%

from 2013 valuation projection

Tesla luxury auto scenario

Projected 2023 Revenues

65$ billions

from 2013 valuation projection

Tesla modeled as luxury auto firm

Stock Price

below 200$

as of October 30, 2023

Tesla share price post-split

Stock Price Peak

approximately 300$

mid-year 2023

Tesla share price