Summary of Tesla Inc. Investor Survey Results Company Overview - Company: Tesla Inc (TSLA.O) - Market Cap: 230.58 (as of March 11, 2025) - Price Target: $430.00 - Industry: Autos & Shared Mobility Key Points from the Investor Survey 1. Impact of Elon Musk's Political Activities: - 85% of respondents believe that Elon Musk's political activities have a negative or extremely negative impact on Tesla's business fundamentals [8] - Breakdown of responses: - 40% view the impact as negative - 45% view it as extremely negative - 12% consider it insignificant - 3% see it as positive [3][8] 2. Expectations for FY25 Deliveries: - 59% of respondents expect Tesla's FY25 deliveries to decline year-over-year (y/y) - Only 19% anticipate an increase in deliveries y/y, while 23% expect flat deliveries - Notably, 21% expect deliveries to decrease by more than 10% y/y [8] 3. Stock Price Predictions: - Investor sentiment is mixed regarding Tesla's stock performance by year-end: - 45% expect the stock to rise - 36% expect it to fall [8] 4. Delivery Growth Expectations for 2025: - Survey results indicate: - 4% expect deliveries to increase by more than 10% y/y - 15% expect an increase of 10% or less - 23% expect flat deliveries - 38% expect a decrease of 10% or less - 21% expect a decrease of more than 10% [9] 5. Stock Trading Predictions: - Responses regarding Tesla's share price by year-end: - 21% expect a significant increase (+30% or more) - 24% expect a materially higher price (+11% to +30%) - 19% expect stability (+/- 10%) - 26% expect a materially lower price (-11% to -30%) - 10% expect a significant decrease (-30% or more) [9] Valuation Insights - Tesla is currently valued at 19x FY30 PE and approximately 10x EV/EBITDA (FY30) - The company is considered a 'Top Pick' in the US Autos and Shared Mobility sector due to expected earnings growth relative to valuation and a favorable risk-reward profile [9] Risks and Considerations - Potential risks include: - Increased competition from legacy OEMs and Chinese players - Execution risks related to factory ramp-ups - Market perception of Tesla's Dojo-enabled services and lower than expected attach rates [16] Conclusion The survey results indicate a cautious outlook among investors regarding Tesla's future performance, particularly in terms of deliveries and the impact of Elon Musk's political activities. Despite this, there remains a segment of investors optimistic about the stock's potential for growth by year-end.
Tesla Inc_ Investor Survey Results_ Growth Scare Returns
2025-03-16 14:52