Tesla Competitors

Stocks . Brazil . 
Stock . Tesla Inc
TSLA34 Stock  BRL 89.38  6.78  8.21%   
Tesla Inc competes with Spotify Technology, Zoom Video, United States, Extra Space, and Cognizant Technology; as well as few others. The company operates under Consumer Cyclical sector and is part of Auto Manufacturers industry. Analyzing Tesla competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Tesla to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Tesla Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Tesla competition on your existing holdings.
  
Hype
Prediction
LowEstimatedHigh
78.3382.6086.87
Details
Intrinsic
Valuation
LowRealHigh
55.8060.0790.86
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tesla. Your research has to be compared to or analyzed against Tesla's peers to derive any actionable benefits. When done correctly, Tesla's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Tesla Inc.

Tesla Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Tesla and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Tesla and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Tesla Inc does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
EAIN34
+ 0.97
Z1OM34
EAIN34
+ 0.95
S1PO34
Z1OM34
+ 0.94
S1PO34
U2ST34
+ 0.78
S1PO34
U2ST34
+ 0.72
Z1OM34
EAIN34
+ 0.72
U2ST34
  
High negative correlations   
GPIV33
- 0.5
USSX34
EAIN34
- 0.38
GPIV33
GPIV33
- 0.37
Z1OM34
GPIV33
- 0.29
S1PO34
GPIV33
- 0.25
CTSH34
GPIV33
- 0.14
U2ST34

Risk-Adjusted Indicators

There is a big difference between Tesla Stock performing well and Tesla Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Tesla's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

Tesla Competitive Analysis

The better you understand Tesla competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Tesla's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Tesla's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
TSLA34 S1PO34 Z1OM34 USSX34 E1XR34 CTSH34 U2ST34 GPIV33 EAIN34
 8.21 
 89.38 
Tesla
 4.38 
 746.06 
Spotify
 0.99 
 20.44 
Zoom
 0.41 
 200.02 
United
 0.00 
 244.48 
Extra
 0.00 
 433.33 
Cognizant
 3.10 
 7.66 
Unity
 7.97 
 3.81 
GPIV33
 0.20 
 473.86 
Electronic
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Not too volatile
Very steady
Very steady
Very steady
Slightly risky
Risky
Very steady
Market Performance
(90 Days Performance)
Solid
Solid
Good
Weak
Very Weak
Weak
Good
Weak
Solid
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Low
Quite High
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Strong Hold
Buy
Buy
Hold
Buy
Strong Hold
Buy
Strong Hold
Current Ratio
1.46
1.27
3.49
1.27
1.54
2.9
4.1
4.75
1.89
Net Asset
82.34 B
7.17 B
7.55 B
17.82 B
10.47 B
17.85 B
4.84 B
3.97 B
13.8 B
Profit Margin
0.15
-0.0367
0.16
0.12
0.49
0.12
-0.63
N/A
0.14
EBITDA
17.66 B
427 M
1.11 B
5.45 B
1.31 B
3.41 B
(465.53 M)
(629.27 M)
1.62 B
Operating Margin
0.17
-0.0554
0.16
0.16
0.55
0.15
-0.6
1.44
0.22
Current Valuation
2.54 T
70.65 B
86.53 B
34.89 B
149.26 B
152.07 B
70.09 B
967.94 M
182.7 B
Price To Book
12.39
6.15
3.65
0.58
6.4
2.61
5.94
0.15
4.42
Beta
2.11
1.77
-0.23
2.16
0.56
1.07
2.14
0.69
0.83
Number Of Employees
127.86 K
8.36 K
8.42 K
22.74 K
4.31 K
355.3 K
5.25 K
20
12.9 K
Shares Outstanding
101.25 B
773.17 M
7.31 B
226.6 M
535.69 M
509 M
8.06 B
79.21 M
548.45 M
Cash Flow From Operations
14.72 B
361 M
1.61 B
4.09 B
952.44 M
2.5 B
(111.45 M)
760 K
1.9 B
Annual Yield
N/A
N/A
N/A
0.007
0.0355
0.016
N/A
N/A
0.0067
Total Debt
1.03 B
1.2 B
102.91 M
3.86 B
5.42 B
626 M
1.7 B
418.52 M
1.88 B
Return On Equity
0.32
-0.19
0.13
0.26
0.26
0.19
-0.38
-0.21
0.14
Z Score
N/A
62.8
N/A
5.8
13.2
N/A
27.0
N/A
51.6
Return On Asset
0.12
-0.0549
0.0586
0.11
0.0604
0.1
-0.13
-0.11
0.0731
Book Value Per Share
0.44
3.11
19.69
44.74
6.07
24.18
0.37
20.49
13.72
Total Asset
82.34 B
7.17 B
7.55 B
17.82 B
10.47 B
17.85 B
4.84 B
3.97 B
13.8 B
Debt To Equity
0.14
0.57
0.024
0.97
1.69
14.4
0.067
0.2
0.28
Last Dividend Paid
N/A
N/A
N/A
0.2
5.75
1.1
N/A
N/A
0.74
Target Price
N/A
N/A
N/A
N/A
N/A
N/A
N/A
8.99
N/A
Shares Owned By Institutions
N/A
N/A
N/A
0.01
N/A
N/A
0.01
18.33
N/A
Market Capitalization
3.3 T
124.49 B
116.53 B
33.78 B
120.3 B
179.74 B
78.27 B
185.03 M
162.07 B
Price To Earning
22.81
N/A
3.89
6.17
10.78
74.79
N/A
5.91
35.05
Price To Earnings To Growth
1.28
N/A
N/A
N/A
4.19
1.26
N/A
N/A
0.87
Price To Sales
35.46
6.56
25.43
1.33
62.06
8.58
50.72
1.3
24.58
Net Income
12.58 B
(34 M)
1.38 B
4.17 B
827.65 M
2.14 B
(532.61 M)
102.43 M
789 M
Earnings Per Share
0.57
-0.77
0.44
48.48
9.12
23.34
-0.54
7.11
9.59
Revenue
81.46 B
9.67 B
4.1 B
20.27 B
1.58 B
18.51 B
1.11 B
775.5 M
6.99 B
Cash And Equivalents
21.11 B
2.98 B
4.69 B
1.33 B
56.01 M
3.67 B
1.65 B
671.87 M
3.72 B
Cash Per Share
0.21
3.9
15.92
4.92
0.42
6.44
0.29
0.73
6.53
Gross Profit
20.85 B
2.93 B
3.05 B
4.35 B
1.23 B
6.98 B
862.33 M
148.55 M
5.14 B
Day Typical Price
87.09
736.77
20.39
200.27
244.48
433.33
7.57
3.92
474.18
Accumulation Distribution
0.0769
24.12
36.98
23.59
N/A
N/A
1164.22
1039.18
0.26
Market Facilitation Index
6.87
0.0431
1.0E-4
0.0016
N/A
N/A
0.0
0.0
0.2
Daily Balance Of Power
0.9869
1.122757
0.8333
0.2929
0.0
0.0
0.7667
(1.00)
(0.19)
Period Momentum Indicator
6.78
31.28
0.2
0.82
N/A
N/A
0.23
(0.33)
(0.95)
Rate Of Daily Change
1.08
1.04
1.01
1.0
1.0
1.0
1.03
0.92
1.0
Day Median Price
85.95
732.13
20.36
200.4
244.48
433.33
7.53
3.97
474.35
Price Action Indicator
6.82
29.57
0.18
0.03
N/A
N/A
0.25
(0.33)
(0.96)
Coefficient Of Variation
328.26
355.87
488.24
3152.39
5122.89
4223.88
644.79
67607.09
541.03
Mean Deviation
3.23
1.76
1.8
1.68
1.49
0.2189
3.07
2.67
1.05
Jensen Alpha
1.34
0.7086
0.4698
0.0522
0.0428
0.003
0.6003
(0.06)
0.2332
Total Risk Alpha
0.8486
0.4369
0.236
(0.22)
(0.22)
(0.07)
0.1963
(0.48)
0.0948
Sortino Ratio
0.3902
0.2791
0.1683
0.0021
(0.01)
N/A
0.1599
(0.02)
0.1254
Downside Variance
9.78
5.02
6.11
15.12
16.45
N/A
11.61
21.48
1.53
Standard Deviation
4.29
2.53
2.45
2.95
2.53
0.7643
4.06
4.54
1.3
Kurtosis
1.27
6.69
0.607
4.33
3.09
19.73
1.75
9.02
0.0033
Potential Upside
9.04
3.33
4.92
4.83
4.08
0.7015
7.26
7.82
2.37
Treynor Ratio
(2.35)
(6.76)
1.72
0.2008
(0.90)
0.1205
2.34
(0)
(6.76)
Maximum Drawdown
21.38
18.04
11.42
18.99
16.06
7.66
20.88
37.38
5.69
Variance
18.37
6.4
5.99
8.68
6.42
0.5841
16.52
20.64
1.69
Market Risk Adjusted Performance
(2.34)
(6.75)
1.73
0.2108
(0.89)
0.1305
2.35
0.0053
(6.75)
Risk Adjusted Performance
0.2283
0.2101
0.1549
0.0305
0.0212
0.0176
0.1202
0.0095
0.1379
Skewness
0.75
1.21
0.101
(0.03)
(0.56)
0.027
0.847
1.15
(0.22)
Semi Deviation
2.34
1.77
1.77
2.44
2.28
N/A
2.99
3.99
1.05
Information Ratio
0.2847
0.2473
0.17
0.0028
(0.01)
(0.09)
0.1341
(0.02)
0.1193
Value At Risk
(4.24)
(3.00)
(3.46)
(3.70)
(4.07)
(0.05)
(5.55)
(5.62)
(1.84)
Expected Short fall
(3.98)
(2.07)
(2.05)
(2.00)
(2.39)
N/A
(3.58)
(2.94)
(1.22)
Downside Deviation
3.13
2.24
2.47
3.89
4.06
N/A
3.41
4.63
1.24
Semi Variance
5.46
3.14
3.14
5.96
5.18
N/A
8.93
15.95
1.1

Tesla Competition Performance Charts

Five steps to successful analysis of Tesla Competition

Tesla's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Tesla Inc in relation to its competition. Tesla's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Tesla in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Tesla's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Tesla Inc, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Tesla position

In addition to having Tesla in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Emerging Markets Funds Thematic Idea Now

Emerging Markets Funds
Emerging Markets Funds Theme
Fund or Etfs that invest in markets of developing countries. The Emerging Markets Funds theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Emerging Markets Funds Theme or any other thematic opportunities.
View All  Next Launch

Additional Information and Resources on Investing in Tesla Stock

When determining whether Tesla Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tesla's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tesla Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tesla Inc Stock:
How To Invest In Tesla
Details
Is Tesla Stock a good investment?
Details
What is Tesla's Net Worth?
Details
Largest Automobile Manufacturers Companies
View
Largest Automobiles & Components Companies
View
Check out Tesla Correlation with its peers.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Tesla's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tesla is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tesla's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY