Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Tesla's share price for the quarter that ended in Mar. 2024 was $175.79. Tesla's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 3,185 Mil. Therefore, Tesla's market cap for the quarter that ended in Mar. 2024 was $559,854 Mil.
Tesla's quarterly market cap
declined
from Sep. 2023 ($795,449 Mil) to Dec. 2023 ($791,409 Mil) and
declined
from Dec. 2023 ($791,409 Mil) to Mar. 2024 ($559,854 Mil).
Tesla's annual market cap
declined
from Dec. 2021 ($1,091,654 Mil) to Dec. 2022 ($389,742 Mil) but then
increased
from Dec. 2022 ($389,742 Mil) to Dec. 2023 ($791,409 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Tesla's Enterprise Value for Today is $441,254 Mil.
Tesla Market Cap Historical Data
The historical data trend for Tesla's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Auto Manufacturers subindustry, Tesla's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tesla's Market Cap Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tesla's Market Cap distribution charts can be found below:
* The bar in red indicates where Tesla's Market Cap falls into.
Tesla Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Tesla's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tesla (NAS:TSLA) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Tesla Market Cap Related Terms
Thank you for viewing the detailed overview of Tesla's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Founded in 2003 and based in Palo Alto, California, Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. The company sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities. Tesla has multiple vehicles in its fleet, which include luxury and midsize sedans and crossover SUVs. The company also plans to begin selling more affordable sedans and small SUVs, a light truck, a semi truck, and a sports car. Global deliveries in 2022 were a little over 1.3 million vehicles.
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