Concerns are growing among analysts regarding Tesla Inc (NASDAQ:TSLA). The market has had waited patiently for the electric car maker to turn to profitability and give results. But it seems time is running out. Earlier this month, Jefferies gave an “Underperform” rating for Tesla and set a price target of $240.
A Jefferies analyst said in his report that Tesla shares have unrealistic growth expectations, which have almost no chances of coming to reality. The analyst also thinks that Tesla might run out of cash to spend on growth projects, as the company’s sales, general & administrative (SG&A) costs, massive dilutions and losses are off the charts.
Over the current book year the total revenue will be 11,9 billion USD (consensus estimates). The expected revenue would be a record for the company. This is rather significant more than 2016's revenue of 7 billion USD.
The analysts expect for 2017 a net loss of 1,04 billion USD. According to most of the analysts the company will have a loss per share for this book year of 6,28 USD. So the price/earnings-ratio equals -55,91.
Analysts don't expect the company to pay a dividend.The average dividend yield of the automobile producers equals a limited 0,90 percent.
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