Is Tesla in debt?

Tesla long term debt from 2010 to 2022. Long term debt can be defined as the sum of all long term debt fields. Tesla long term debt for the quarter ending September 30, 2022 was $2.096B, a 67.44% decline year-over-year.

Does Tesla still have debt?

Tesla Total Long Term Debt (Quarterly): 2.397B for Sept. 30, 2022.

Is Tesla in trouble financially?

Tesla is facing growing competition in the EV space, which will likely erode its margins, and the risk of a recession is looming over all automakers. But Tesla is in a strong financial position, with a history of financial shrewdness and a proven record.

How is Tesla doing financially?

The Austin, Texas, electric vehicle and solar panel maker posted net income of $3.29 billion from July through September. CEO Elon Musk said on the company's quarterly conference call that the Tesla is considering a $5 billion to $10 billion stock buyback next year, even if the economy stumbles.

Does Tesla have no debt?

In fact, Tesla's net debt—that is, its total debt minus cash—is negative at -$10.7 billion, which means that Tesla can pay its debt in full and still have more than ten billion dollars left on its balance sheet: more than enough for a significant share buyback. Tesla made some savvy financial decisions early on.

Does Tesla Have Too Much Debt? + How Does it Compare to Other Automakers?

What are Tesla's weaknesses?

Tesla's Weaknesses
  • Manufacturing Complications. ...
  • Unable to meet demand might affect brand value. ...
  • Lack of High Volume Production. ...
  • Shortage of Batteries. ...
  • Elon Musk as Tesla's Sole Representative. ...
  • Financial Uncertainty. ...
  • Employee Safety Concerns. ...
  • Leadership Wrangles.

Is Tesla a success or failure?

In October 2021, Tesla's market capitalization reached $1 trillion, the sixth company to do so in U.S. history. Tesla did not invent the electric car or even the luxury electric car. But Tesla did invent a successful business model for bringing compelling electric cars to the market.

Why is Tesla struggling?

Software, battery tech delays

Tesla's highly anticipated driving software and its battery technology are both falling short of their timelines, the analyst noted. Meanwhile, the futuristic design of its Cybertruck can make it a tough sell as a mainstream vehicle.

Is Tesla in financial trouble 2022?

Tesla (TSLA) has been a monster stock over much of its history. Especially during its stratospheric run from mid-2019 to late 2021. But it's been a big loser in 2022, down about 65% since the start of this year. And it's sunk about 44% since Musk completed his controversial acquisition of Twitter on Oct.

How much is Elon Musk's debt?

In taking the company private in his $44 billion purchase of Twitter, Musk cashed in some of his Tesla stock and also saddled the social platform with $13 billion in debt, which is a massive obligation for a company the size of Twitter.

Will Tesla be successful long term?

Tesla CEO Elon Musk affirmed his confidence in the electric automaker by stating it will be great long-term, despite the stock slide that continues to affect shares. Tesla shares (NASDAQ: TSLA) have slid considerably in 2022, along with many other automotive and technology stocks.

What car company has the most debt?

Quote: The list of the 8 most indebted companies of 2022 includes only three automakers: Toyota (1st place), Volkswagen (2nd place), and Mercedes-Benz (6th place). That's because all global major automobile companies have a finance division.

Who holds highest share in Tesla?

Big institutions now own more than 44% of Tesla's stock. Most of those owners are traditional investment managers. Individuals like Musk only own 14.9%, a vast majority which is Musk himself. The only other large individual investor is Oracle (ORCL) founder Larry Ellison.

Why Tesla losing money?

Elon Musk says Tesla's new factories in Germany and the US are "losing billions of dollars" due to battery shortages and supply disruptions in China. The multi-billionaire also called the plants in Berlin and Austin, Texas "gigantic money furnaces".

Is Tesla poor quality?

Electric vehicle manufacturers in particular are showing big drops in quality, with Polestar ranking dead last. Tesla, meanwhile, ranks seventh from the bottom, continuing its trend of shoddy manufacturing.

Does Tesla have a future?

Tesla is on pace to increase production by 50% heading into 2023. This is clearly in preparation to meet growing demand, which will only continue to increase with its first truck. Musk has called Cybertruck a "hall of famer, next level" vehicle that is going to be "sick and sick."

Is Tesla finally making profit?

In 2021, Tesla had a net income of $5.51 billion, marking a 665 percent increase from its net income of $721 million in 2020.

Is Tesla actually profitable?

The electric carmaker said it made $3.3 billion in the third quarter, up from $1.6 billion in the same period a year earlier and nearly matching the record profit it reported in the first three months of the year. It reported revenue of $21.5 billion, up from $13.8 billion.

What is Tesla's threat?

Threats: Tesla SWOT Analysis

Tesla is currently up against stiff competition from alternative fuel vehicles and self-driving technology. Many luxury automakers, such as Mercedes-Benz, BMW, Audi, and Lexus, and mass-market manufacturers like Toyota, Ford, Volvo, and General Motors, are bracing for fierce competition.

What are the risks of investing in Tesla?

The electric vehicle (EV) maker, Tesla, has a number of key risks that it will face in the next 5-10 years. Notable risks include Tesla cars being too expensive with tax breaks and that the construction of its Gigafactory (battery factory) taking longer than expected.

Is Google in debt?

Alphabet long term debt for the quarter ending September 30, 2022 was $14.653B, a 2.55% increase year-over-year.