How much cash does Tesla have in the bank?
Cash on Hand as of December 2023 : $29.09 B
How much cash at the bank does Tesla have?
Tesla cash on hand for 2022 was $22.185B, a 25.29% increase from 2021. Tesla cash on hand for 2021 was $17.707B, a 8.65% decline from 2020.
How much money does Tesla have in reserve?
The end of Q4 saw Tesla's cash reserves, including cash equivalents and investments, rise to $29.1 billion, indicative of strong financial health and investment potential.
How much money does Tesla have in assets?
Total assets on the balance sheet as of December 2023 : $106.61 B. According to Tesla's latest financial reports the company's total assets are $106.61 B. A company's total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.
Which company has highest cash reserve?
Research by the professors at Kellogg School of Management found that reserves of Apple, Inc. (NASDAQ:AAPL), Alphabet, Inc. (NASDAQ:GOOG), and Microsoft Corporation (NASDAQ:MSFT) accounted for 92% of cash reserves that they could document.
How much debt is Tesla in?
Total debt on the balance sheet as of December 2023 : $9.57 B. According to Tesla's latest financial reports the company's total debt is $9.57 B. A company's total debt is the sum of all current and non-current debts.
How much free cash does Tesla have?
Tesla (TSLA) Cash flow
TSLA's free cash flow for Q4 2023 was $2.06B. For the 2023 fiscal year, TSLA's free cash flow was decreased by $-3.21B and operating cash flow was $4.37B. See a summary of the company's cash flow.
Is Tesla financially stable?
Tesla Inc has enough cash to cover all of its debt. Its financial situation is stable.
How does Tesla have so much cash?
There are a few reasons why Tesla has so much cash on hand. One reason is that the company is very profitable. Tesla has been profitable for several years, and it is expected to remain profitable in the future. Another reason is that Tesla is investing heavily in its future.
How much liquidity does Tesla have?
Despite a tumultuous 2023, Tesla still holds strong levels of liquidity. By the end of Q3, the company held $26.1 billion in cash, cash equivalents, and investments, as well as a free cash flow of $0.85 billion.
How much does Tesla have cash on hand?
Cash on Hand as of December 2023 : $29.09 B
According to Tesla's latest financial reports the company has $29.09 B in cash and cash equivalents. A company's cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.
Is the owner of Tesla a billionaire?
Elon Musk cofounded six companies, including electric car maker Tesla, rocket producer SpaceX and tunneling startup Boring Company. He owns about 12% of Tesla excluding options, but has pledged more than half his shares as collateral for personal loans of up to $3.5 billion.
How much cash Apple has?
Apple now has $162.1 billion in cash on hand, according to the company's fiscal fourth-quarter earnings report released Thursday. The figure is below the company's cash pile from its fiscal third quarter of 2023, when it reported $166.5 billion.
How much cash Amazon has?
Amazon had more than $86 billion in cash at the end of 2023. For most of its three decades in existence, Amazon has opted to plow its cash back into the business. The last buyback was for $10 billion in 2022, which is a pittance compared with similar sized peers.
How cash rich is Apple?
Apple (AAPL)
The technology company now has cash and investments of $166 billion. That's a staggering amount, totaling 6% of the holdings of all S&P 500 companies. To its credit, Apple is trying to dispense of the cash using both dividends and buybacks. But it can't get rid of money fast enough.
Is Tesla in trouble financially?
Key Takeaways. Shares of Tesla fell as Wells Fargo said the EV maker is likely to see no sales growth in 2024. The bank cut its rating on the stock to underweight and lowered its price target to $125 from $200. Tesla's struggling to sell cars even as it lowers prices in various markets, and that's affecting its profit.
Is Tesla in debt free?
Tesla's operated at median total debt / fcf of 219.7% from fiscal years ending December 2019 to 2023. Looking back at the last 5 years, Tesla's total debt / fcf peaked in December 2019 at 1,498.0%. Tesla's total debt / fcf hit its 5-year low in December 2022 of 76.0%.
Is Tesla making any profit?
By comparison, in 2022, it cost Tesla $49.6 billion to manufacture and sell $67.2 billion worth of electric vehicles, leaving a gross profit of $17.6 billion. That represented a gross profit margin of 26.2%, which declined to 17.1% in 2023, highlighting the effects of Tesla's price cuts.
Does Tesla have cash flow?
Tesla Free Cash Flow (Quarterly): 2.063B for Dec. 31, 2023.
Where does Tesla get its money?
The company gets the vast majority of its revenue and all of its profits from automotive sales. Tesla is experiencing rapid growth in China. Tesla is facing investigations from regulators in different countries concerning safety-related issues with the electric automaker's vehicles.
Does Tesla have a good cash flow?
Profitability and Cash Flow: Tesla's strong profitability and cash flow generation, as seen in recent years, provide a solid foundation for the positive valuation. The forecasted increase in free cash flow over the years signals confidence in Tesla's operational efficiency and market strategy.
What will Tesla be worth in 2030?
He forecasts Tesla stock to gain about 550% to hit $1,200 a share by 2030, and for SpaceX to triple in valuation over the same period, according to a recent interview conducted by Bloomberg. Baron runs the Baron Focused Growth Fund, which counted Tesla and SpaceX as its largest holdings as of December 31, 2023.
Where will Tesla be in 10 years?
The next decade is going to be a tougher slog than the last 10 years. Tesla won't be a bust like Rivian and Lucid but I don't see it outperforming the market either. The share price will have to come down significantly from these levels to make TSLA stock a buy.
How much will Tesla stock be worth in 2025?
Projections for the TSLA rate in 2025 vary significantly among analysts, with estimates ranging from a stock price above $300 to $3,000 per share. These projections are based on various factors and assumptions, including Tesla's market performance, EBITDA margins, and the broader electric vehicle market.
