Tesla (TSLA) - basic shares outstanding (2024)

FAQs

Tesla (TSLA) - basic shares outstanding? ›

According to Tesla's latest financial reports and stock price the company's current number of shares outstanding is 3,191,000,000.

Tesla's initial public offering (IPO) was on June 29, 2010 and was priced at $17 per share. The company has never paid a dividend but its share price has gone up multifold since then.

You can buy shares traded on stock exchanges individually, at the current market price, with no minimum requirement on the number of shares. With the increasing availability of fractional shares at brokerages, there is not even a minimum purchase amount you need in order to own Tesla stock.

Total debt on the balance sheet as of March 2024 : $9.91 B

According to Tesla's latest financial reports the company's total debt is $9.91 B. A company's total debt is the sum of all current and non-current debts.

As of 2024-07-31, the Fair Value of Tesla Inc (TSLA) is 97.41 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 222.62 USD, the upside of Tesla Inc is -56.2%.

If you invested $10,000 with founder Elon Musk 10 years ago, your stake would be worth $2.1 million now. That works out to a more than 70% average annual return. The same $10,000 put into the S&P 500 during that time grew just 274% to $37,376.

A three-for-one stock split in 2022 would have turned the IPO investment into 882.30 shares of TSLA. Based on a price of $185 for Tesla at the time of writing, the $1,000 investment at IPO would be worth $163,225.50 today. Tesla shares hit an all-time high of a split-adjusted $409.97 in November 2021.

What if you don't have enough to buy an entire share of Tesla? You may be able to purchase a fractional share — essentially a piece of a share. Several brokers now offer fractional shares of individual stocks.

Financial Strength

Tesla is in excellent financial health. Cash, cash equivalents, and investments stood at $29.1 billion and far exceeded total debt as of Dec. 31, 2023. Total debt was around $4.6 billion, but total debt excluding vehicle and energy product financing (nonrecourse debt) was less than $50 million.

How much money does Tesla have in the bank? ›

Tesla cash on hand for the quarter ending June 30, 2024 was $30.720B, a 33.13% increase year-over-year. Tesla cash on hand for 2023 was $29.094B, a 31.14% increase from 2022. 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.

Tesla (TSLA) Shares Outstanding (Diluted Average) : 3,481 Mil (As of Jun. 2024)

Tesla's stock should hit $2,600 in five years, says Cathie Wood's Ark Invest - MarketWatch.

Fair Value Estimate for Tesla Stock

With its 4-star rating, we believe Tesla's stock is undervalued compared with our long-term fair value estimate, which we've raised to $200 from $195 after updating our model following the firm's first-quarter earnings.

The three went looking for venture capital (VC) funding in January 2004 and connected with Elon Musk, who contributed US$6.5 million of the initial (Series A) US$7.5 million round of investment in February 2004 and became chairman of the board of directors. Musk then appointed Eberhard as the CEO.

Five years ago, on Nov. 2, 2016, Tesla was trading at around $38 per share. A $1,000 investment then would have grown 3,025% and be worth around $31,286 as of Wednesday morning. Over the same time period, the S&P 500 index would have given you a 142.4% return.

Tesla staged a relatively modest IPO in 2010, raising $226 million and pricing shares at $17.

Historical daily share price chart and data for Tesla since 2010 adjusted for splits and dividends. The latest closing stock price for Tesla as of July 29, 2024 is 232.10. The all-time high Tesla stock closing price was 409.97 on November 04, 2021.