# Tesla share price today (Tesla, Inc., TSLA)

> Tesla, Inc.'s share price has risen faster than its earnings: −12.7% in a year, against −47.1% for earnings per share. TSLA · Consumer Discretionary · Auto Manufacturers · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/tsla

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## Key numbers

- Business trend: Turning around, from the last 12 quarters
- Price: $398.50 (−12.7% in a year)
- P/E: 437.8× (higher than 99% of the last 4.6 years)
- Revenue (Sep 2026): $28.0 B (−0.2% on a year ago)
- Profit (Sep 2026): $787 M (−42.7% on a year ago)
- Operating margin: 5.4% (−1.2 points on a year ago)
- ROE: 5%, FY25
- ROIC: 4.0%, against a 14.7% cost of capital: −10.7 points

The main question: the share price moved −12.7% in a year while yearly earnings per share moved −47.1%. The difference came from the market paying a higher multiple. ## What is the Tesla share price today? Tesla, Inc.'s share price was $398.50 at the close on 3 November 2026. It has been stalling near its high for 2 weeks. That is 3.5% above its average price over the last 200 trading days. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 3 weeks in a row. In the last 52 weeks it traded between $311 and $481, and at that close it sat 51% of the way up from that low. Over the last 10 years the share price moved +2,658% while the S&P 500 moved +255%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Tesla pay? Tesla, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Tesla on? Tesla is on 2 of our US lists: Nasdaq 100 companies and S&P 500 companies. - [Nasdaq 100 companies](https://www.sectoralpha.in/nasdaq-100-stocks)
- [S&P 500 companies](https://www.sectoralpha.in/sp-500-stocks)

## Is Tesla profitable? Tesla, Inc. earned $787 M of net profit in the Sep 2026 quarter, −42.7% on the same quarter a year earlier. Full-year FY25 profit was $3.8 B. Over 4 years profit has grown −9.0% a year on average. That is 2.8% of the quarter's revenue. The same quarter a year earlier earned $1.4 B. For the full year, FY25 profit was $3.8 B (−46.8% on the year before). Why profit moved: revenue changed −0.2% on a year earlier and the margin moved −1.2 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed −22.9% and revenue +9.5%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Tesla make, and is it growing? Tesla, Inc. reported $28.0 B of revenue in the Sep 2026 quarter, −0.2% on the same quarter a year earlier. Over 4 years it has grown 15.2% a year on average. The last full year, FY25, came in at $94.8 B. The last four reported quarters add to $104 B. FY25 revenue was $94.8 B, −2.9% on the year before. Recent pace: the last four quarters grew +9.5% on average, against 15.2% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +8.3%, against +3.3% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −36.6%, against −50.1% a year (accelerating). ## How much of every $100 of sales does Tesla keep? Tesla, Inc.'s operating margin was 5.4% in the Sep 2026 quarter, 1.2 percentage points lower than the same quarter a year ago. Across 5 years it has been between 4.6% and 16.8%. The latest quarter is within that range. Why the margin moved: operating margin changed −1.2 percentage points on the year while gross margin changed +4.4 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Tesla's profit turning into cash? Over the last 3 years, 166% of Tesla, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $14.7 B of operating cash against $3.8 B of profit. After $8.5 B of spending on assets, $6.2 B was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Tesla's cash go? Tesla, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $28.8 B on assets over the last 3 years. Averaged over those years that is 10.1% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $28.8 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Tesla's P/E ratio, and how does it compare with its own history? Tesla, Inc.'s P/E is 437.8×, about the highest it has ever been. Its usual P/E (the middle reading) is 95.6×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −47.1% while the price moved −12.7%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 3 years the price moved +21.9% a year; about −33.6% a year came from earnings growth and about +55.5 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Tesla business getting better or worse? Tesla, Inc.'s business is turning around. Profit growth has swung from −56.1% at its low to −36.6%, rising from a low 5 quarters ago, with ROCE steady at 3.7%. This is based on 12 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## How much does Tesla earn on its capital? Tesla, Inc. earned a ROE of 5% in FY25. Its return on capital used (ROIC) is 10.7 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 4.0% net margin and 0.69× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 4.0% net margin × 0.69× asset turnover × 1.66× leverage (assets divided by equity) ≈ 4.6% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 4.0% − 14.7% = −10.7 percentage points. The 14.7% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 4.0% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 6.1%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Tesla have too much debt? Tesla, Inc. has total debt of $16.4 B against shareholder equity of $89.9 B as of Sep 2026, so its debt is 0.18× its equity, which is very little. Year by year, that ratio went from 0.28 in FY21 to 0.18 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Tesla shareholding pattern? 2.5% of Tesla, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 2.0 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Tesla from balance-sheet trouble? For Tesla, Inc., the Z-score is 14.30. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 14.30 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Tesla rank in its industry? 44.5 out of 100, rank 7 of 12 in Auto Manufacturers, with 85% of the evidence available. Tesla, Inc. scores 44.5 out of 100 against the 12 companies it is compared with in Auto Manufacturers, ranking 7. Relative strength against the index is -4.2%, and revenue and profit growth are weak. The four parts add up to the total exactly: 11.2 + 13.4 + 3.5 + 16.4 = 44.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Tesla compared with? Tesla ranks 7 of 12 Auto Manufacturers companies on the 4-Factor Sector Score, with 44.5 out of 100. 1. [General Motors Company](https://www.sectoralpha.in/us/stocks/gm) GM · turning · Most evidence points up · 85% evidence 69.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.2/35 · Revenue -0.3% · Profit 31.9% · Operating margin change 4.9 points · 95% evidence Capital efficiency 13.9/25 · ROCE 6.1% · Operating margin 7.3% · 76% evidence Valuation 14.4/20 · P/E 17.4× · PEG 0.15 · 65% evidence Relative strength 18.1/20 · Lead over its industry 42% · Lead over S&P 500 5.1% · 1 year 24.9% · 100% evidence · 2 of 12 weeks ahead Exact sum: 23.2 + 13.9 + 14.4 + 18.1 = 69.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Ferrari N.V.](https://www.sectoralpha.in/us/stocks/race) RACE · turning · Evidence leans up · 81% evidence 58.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.5/35 · Revenue 5.7% · Profit 2.6% · Operating margin change 0.4 points · 83% evidence Capital efficiency 20.5/25 · ROCE 26.8% · Operating margin 31.1% · 76% evidence Valuation 3.9/20 · P/E 34.9× · PEG 5.99 · 65% evidence Relative strength 19.6/20 · Lead over its industry 43.3% · Lead over S&P 500 6.1% · 1 year 0.4% · 100% evidence · 7 of 12 weeks ahead Exact sum: 14.5 + 20.5 + 3.9 + 19.6 = 58.5 · What this means: Relative strength against the index is 6.1%, and revenue and profit growth are weak. 3. [Ford Motor Company](https://www.sectoralpha.in/us/stocks/f) F · basing · Evidence leans up · 64% evidence 50.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.2/35 · Revenue 1.5% · Profit -334.7% · Operating margin change 0.8 points · 62% evidence Capital efficiency 10.7/25 · ROCE 1.1% · Operating margin 1.9% · 76% evidence Valuation 11.1/20 · P/E -7.6× · PEG n/a · 15% evidence Relative strength 13.5/20 · Lead over its industry 19.3% · Lead over S&P 500 -12.3% · 1 year -6.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 15.2 + 10.7 + 11.1 + 13.5 = 50.5 · What this means: Relative strength against the index is -12.3%, and revenue and profit growth are weak. 4. [Stellantis N.V.](https://www.sectoralpha.in/us/stocks/stla) STLA · basing · Evidence leans down · 64% evidence 46.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.0/35 · Revenue 10.1% · Profit n/a · Operating margin change 1.8 points · 62% evidence Capital efficiency 10.3/25 · ROCE -2.9% · Operating margin 2.2% · 76% evidence Valuation 10.2/20 · P/E -0.7× · PEG n/a · 15% evidence Relative strength 8.7/20 · Lead over its industry -19.3% · Lead over S&P 500 -42.3% · 1 year -56.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 17 + 10.3 + 10.2 + 8.7 = 46.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Lotus Technology Inc.](https://www.sectoralpha.in/us/stocks/lot) LOT · quiet · Evidence leans down · 61% evidence 45.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.6/35 · Revenue -23.9% · Profit n/a · Operating margin change 50.5 points · 62% evidence Capital efficiency 16.1/25 · ROCE 41.8% · Operating margin -36.3% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 0.0/20 · Lead over its industry -66% · Lead over S&P 500 -75.6% · 1 year -82.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 19.6 + 16.1 + 10 + 0 = 45.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Rivian Automotive, Inc.](https://www.sectoralpha.in/us/stocks/rivn) RIVN · basing · Evidence leans down · 61% evidence 45.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.3/35 · Revenue 14.2% · Profit n/a · Operating margin change 35.1 points · 62% evidence Capital efficiency 6.2/25 · ROCE -30.7% · Operating margin -50.4% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 12.0/20 · Lead over its industry 8.4% · Lead over S&P 500 -20.7% · 1 year -12.7% · 100% evidence · 1 of 12 weeks ahead Exact sum: 17.3 + 6.2 + 10 + 12 = 45.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. Tesla, Inc. this page TSLA · turning · Evidence leans down · 85% evidence 44.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.2/35 · Revenue 8.3% · Profit -36.6% · Operating margin change -1.2 points · 95% evidence Capital efficiency 13.4/25 · ROCE 3.4% · Operating margin 5.4% · 76% evidence Valuation 3.5/20 · P/E 435.2× · PEG 3.41 · 65% evidence Relative strength 16.4/20 · Lead over its industry 30.5% · Lead over S&P 500 -4.2% · 1 year -7.2% · 100% evidence · 3 of 12 weeks ahead Exact sum: 11.2 + 13.4 + 3.5 + 16.4 = 44.5 · What this means: Relative strength against the index is -4.2%, and revenue and profit growth are weak. 8. LiveWire Group, Inc. LVWR · quiet · Evidence leans down · 64% evidence 43.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.4/35 · Revenue 29.2% · Profit n/a · Operating margin change 116.6 points · 62% evidence Capital efficiency 5.0/25 · ROCE -72.1% · Operating margin -194.4% · 76% evidence Valuation 9.8/20 · P/E 11.6× · PEG n/a · 15% evidence Relative strength 4.4/20 · Lead over its industry -60.7% · Lead over S&P 500 -72.3% · 1 year -87.3% · 100% evidence · 5 of 12 weeks ahead Exact sum: 24.4 + 5 + 9.8 + 4.4 = 43.6 · What this means: Earnings are strong; relative strength in its sector is -60.7% and the one-year return is -87.3%. 9. [Polestar Automotive Holding UK PLC](https://www.sectoralpha.in/us/stocks/psny) PSNY · basing · Too little evidence to rank firmly · 51% evidence 42.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.9/35 · Revenue n/a · Profit n/a · Operating margin change -12.1 points · 26% evidence Capital efficiency 15.9/25 · ROCE 31.7% · Operating margin -40.9% · 76% evidence Valuation 11.5/20 · P/E -23.5× · PEG n/a · 15% evidence Relative strength 1.4/20 · Lead over its industry -62.8% · Lead over S&P 500 -73.4% · 1 year -80.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 13.9 + 15.9 + 11.5 + 1.4 = 42.7 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 10. [Lucid Group, Inc.](https://www.sectoralpha.in/us/stocks/lcid) LCID · quiet · Evidence leans down · 61% evidence 36.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.5/35 · Revenue 66.7% · Profit n/a · Operating margin change 48.5 points · 62% evidence Capital efficiency 4.1/25 · ROCE -77.4% · Operating margin -261% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 3.9/20 · Lead over its industry -48.5% · Lead over S&P 500 -63.6% · 1 year -82.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 18.5 + 4.1 + 10 + 3.9 = 36.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. Empery Digital Inc. EMPD · Too little evidence to rank firmly · 27% evidence 44.0 out of 100 Growth Capital Valuation Relative
12. Robo.ai Inc. AIIO · Too little evidence to rank firmly · 31% evidence 40.2 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Auto Manufacturers](https://www.sectoralpha.in/us/sectors/auto-manufacturers), all 12 compared on one page. ## Which companies are close to Tesla in size? Tesla is the largest of 17 Auto Manufacturers companies on Sector Alpha by market value (scores of 3 November 2026). It is the largest. Just below it: Toyota Motor Corporation, Ferrari N.V., General Motors Company, Ford Motor Company, Honda Motor Co. and Rivian Automotive, Inc. ### Auto Manufacturers companies close in size

1. Tesla, Inc. $1.58 trillion
2. [Toyota Motor Corporation](https://www.sectoralpha.in/us/stocks/tm) $227.7 billion
3. [Ferrari N.V.](https://www.sectoralpha.in/us/stocks/race) $82.9 billion
4. [General Motors Company](https://www.sectoralpha.in/us/stocks/gm) $74.5 billion
5. [Ford Motor Company](https://www.sectoralpha.in/us/stocks/f) $49.2 billion
6. [Honda Motor Co., Ltd.](https://www.sectoralpha.in/us/stocks/hmc) $44.4 billion
7. [Rivian Automotive, Inc.](https://www.sectoralpha.in/us/stocks/rivn) $19.4 billion

[All 17 Auto Manufacturers companies, largest first](https://www.sectoralpha.in/us/sectors/auto-manufacturers#all-companies)

### Companies close in size in other industries

1. [Amazon.com, Inc.](https://www.sectoralpha.in/us/stocks/amzn) $2.66 trillion · Internet Retail
2. [Taiwan Semiconductor Manufacturing Company Limited](https://www.sectoralpha.in/us/stocks/tsm) $1.85 trillion · Semiconductors
3. Tesla, Inc. $1.6 trillion
4. [Meta Platforms, Inc.](https://www.sectoralpha.in/us/stocks/meta) $1.55 trillion · Internet Content & Information
5. [Broadcom Inc.](https://www.sectoralpha.in/us/stocks/avgo) $1.54 trillion · Semiconductors

## What else do people ask about Tesla? ### What is Tesla's stock price today? Tesla, Inc.'s stock price is $398.50, −12.7% over the past year. The whole company is worth $1,575 B on the market. In the last 52 weeks it traded between $311 to $481; today it is 51% of the way up from the low, 3.5% above its 200-day average (as of 3 November 2026). ### What were Tesla's latest quarterly results? Tesla, Inc. reported revenue of $28.0 B and net profit of $787 M for the Sep 2026 quarter. Revenue fell 0.2% and profit fell 42.7% compared with a year earlier. Earnings per share were $0.22. The operating margin was 5.4%, 1.2 percentage points lower than a year earlier (as of 3 November 2026). ### What is Tesla's market cap? Tesla, Inc.'s market capitalisation is $1,575 B at a stock price of $398.50. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Tesla performing? Tesla, Inc.'s share price has been stalling near its high for 2 weeks. In its latest quarter, revenue fell 0.2% and profit fell 42.7% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 3 weeks running (as of 3 November 2026). ### Will Tesla's stock price go up? This page does not forecast Tesla, Inc.'s stock price. What it shows instead: the stock price is $398.50, and it has been stalling near its high for 2 weeks. Its P/E of 437.8× is higher than 99% of its own last 5 years (as of 3 November 2026). ### Where is Tesla in its business cycle? Tesla, Inc.'s FY25 operating margin was 4.6%, against a 5-year range of 4.6% to 16.8%: the low end of its own range, which is often where recoveries start. The latest quarter was 5.4%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Tesla story? The main question: the share price moved −12.7% in a year while yearly earnings per share moved −47.1%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Tesla a stock worth studying right now? What the numbers show: Tesla, Inc.'s share price has risen faster than its earnings: −12.7% in a year, against −47.1% for earnings per share. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

- Nasdaq 100 companies: https://www.sectoralpha.in/nasdaq-100-stocks
- S&P 500 companies: https://www.sectoralpha.in/sp-500-stocks

This is research, not advice. We’re not SEBI-registered.