Resources

TSLA – Market expectations are for a positive inflection in Uniform ROA, but management has concerns about demand and orders, as well as their efforts to manage expenses

January 8, 2018

  • Tesla, Inc. (TSLA:USA) currently trades near historical lows relative to UAFRS-based (Uniform) Assets, with a 4.2x Uniform P/B. However, even at these levels, markets are pricing in expectations for Uniform ROA to inflect positively, while management has concerns about demand and expenses
  • Specifically, management appears to have concerns about demand, and order rate for the 75s, and they may be exaggerating the potential for improved efficiencies in their business as well as their efforts to manage expenses in-line with orders

You don’t have access to the Valens Research Premium Application.

To get access to our best content including the highly regarded Conviction Long List and Market Phase Cycle macro newsletter, please contact our Client Relations Team at 630-841-0683 or email client.relations@valens-research.com.

Please fill out the fields below so that our client relations team can contact you

Or contact our Client Relationship Team at 630-841-0683