Tesla speeds up timeline for Model S Plaid deliveries

  • Tesla (TSLA) reported that it is "accelerating" its Model S Plaid delivery plans.
  • Tesla has updated the new order timeline for the Model S Plaid to June in what is likely a push to pile up more orders by the Q2 ending date of June 30. Before last week, Tesla listed an August-September delivery timeline for the new Model S Plaid. Tesla's website is not allowing orders for the Plaid+ option at the moment.
  • Looking ahead, Tesla plans to hold a Model S Plaid event on June 3 to promote the model.

    For this year the company from Palo Alto could earn a total revenue around 49.06 billion USD. This is according to the average of the analysts' estimates. This is quite more than 2020's revenue of 31.54 billion USD.

    Historical revenues and results Tesla plus estimates 2020

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    The analysts expect for 2021 a net profit of 4.92 billion USD. Most of the analysts anticipate on a profit per share of 4.54 USD. So the price/earnings-ratio equals a very huge 138.95.

    For this year analysts don't expect the company to pay a dividend. The average dividend yield of the automobile producers equals an attractive 2.75 percent.

    Most recent target prices around 778 USD

    Goldman Sachs , Credit Suisse and Jefferies & Co. recently provided recommendations for the stock.

    Tesla 's market capitalization is based on the number of outstanding shares around 570.92 billion USD. The Tesla stock was the past 12 months quite unstable. Since last May the stock is even 291 percent higher. This year the stock price moved between 160 and 900 dollar.

    Historical stock prices Tesla

    fundamental data teslamotors

    On Thursday the stock closed at 630.85 USD.

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