Tesla (NAS:TSLA) Momentum Rank

: 8 (As of Today)

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Tesla has the Momentum Rank of 8.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison

For the Auto Manufacturers subindustry, Tesla's Momentum Rank, along with its competitors' market caps and Momentum Rank 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.

Annual Data Quarterly Data

Tesla Momentum Rank Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Tesla's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Tesla's Momentum Rank falls in comparison to its industry or sector. The grey bar indicates the Momentum Rank's extreme value range as defined by GuruFocus.

Tesla Momentum Rank Related Terms

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Tesla (NAS:TSLA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tesla Inc (NAS:TSLA) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

TSLA:Peru TSLA:Mexico TSLA_KZ:Kazakhstan TSLA:Italy TL0d:UK 0R0X:UK TL0:Germany TSLA:Canada TSLA34:Brazil TSLA:Austria TSLA:Argentina

Address

1 Tesla Road, Austin, TX, USA, 78725

Website

https://www.tesla.com

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.

Executives

Zachary Kirkhorn	officer: Chief Financial Officer	3500 DEER CREEK ROAD, PALO ALTO CA 94304
Xiaotong Zhu	officer: SVP, Automotive	1 TESLA ROAD, AUSTIN TX 78725
Joseph Gebbia	director	C/O AIRBNB, INC., 888 BRANNAN STREET, SAN FRANCISCO CA 94103
Robyn M Denholm	director	4150 NETWORK CIRCLE, SANTA CLARA CA 95054
Vaibhav Taneja	officer: Chief Accounting Officer	3500 DEER CREEK ROAD, PALO ALTO CA 94304
Elon Musk	director, 10 percent owner, officer: CEO	C/O TESLA MOTORS, INC., 3500 DEER CREEK ROAD, PALO ALTO CA 94304
Ira Matthew Ehrenpreis	director	100 SHORELINE HWY, SUITE 282, BLDG. B, MILL VALLEY CA 94941
Andrew D Baglino	officer: SVP Powertrain and Energy Eng.	3500 DEER CREEK ROAD, FREMONT CA 94538
Hiromichi Mizuno	director	1-2-33-A504, KOMAZAWA, SETAGAYA, TOKYO M0 154-0012
Lawrence Joseph Ellison	director	C/O DELPHI ASSET MGMT CORPORATION, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511
Kathleen Wilson-thompson	director	PO BOX 3599, BATTLE CREEK MI 49016-3599
Morton David H Jr	officer: Chief Accounting Officer	SEAGATE TECHNOLOGY, 920 DISC DRIVE, SCOTTS VALLEY CA 95066
John Douglas Field	officer: Senior VP, Engineering	ONE AMERICAN ROAD, DEARBORN MI 48126
Jon Mcneill	officer: President, WW Sales/Service	45500 FREMONT BLVD, FREMONT CA 94538
James R Murdoch	director	C/O LUPA SYSTEMS, 363 LAFAYETTE STREET, NEW YORK NY 10022