Tesla (TSLA) - Cash on Hand (2024)

FAQs

How much cash does Tesla have on hand? ›

Cash on Hand as of June 2024 : $30.72 B

According to Tesla's latest financial reports the company has $30.72 B in cash and cash equivalents. A company's cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

If You'd Invested $1,000 in Tesla 5 Years Ago, Here's How Much You'd Have Today. I won't keep you in suspense. The answer is: $8,862.79. That's how much money you'd have today if you had invested $1,000 in Tesla (NASDAQ: TSLA) stock five years ago -- and it's a pretty nice return, right?

Tesla stock forecast September 2024

The averaged price for the month is expected to be $272.64, ending at $290.52. This indicates a potential increase in stock value, driven by the release of new models and growing demand for electric vehicles.

According to the last reported balance sheet, Tesla had liabilities of US$27.7b due within 12 months, and liabilities of US$17.8b due beyond 12 months. Offsetting this, it had US$30.7b in cash and US$3.91b in receivables that were due within 12 months.

Automakers also need top-of-the-line research and development, which can be costly from an investment standpoint. Cobb attributes Tesla's low debts to a few different things, with the first being its sleek lineup of cars, innovative technology, and its overall dedication to renewable energy and sustainability.

Total debt on the balance sheet as of June 2024 : $12.51 B

According to Tesla's latest financial reports the company's total debt is $12.51 B. A company's total debt is the sum of all current and non-current debts.

If you invested $10,000 with founder Elon Musk 10 years ago, your stake would be worth $2.1 million now. That works out to a more than 70% average annual return. The same $10,000 put into the S&P 500 during that time grew just 274% to $37,376.

Ten Year Stock Price Total Return for Tesla is calculated as follows: Last Close Price [ 227.87 ] / Adj Prior Close Price [ 17.51 ] (-) 1 (=) Total Return [ 1,201.4% ] Prior price dividend adjustment factor is 1.00.

Nvidia stock shows the power of long-term investing

Nvidia stock has delivered a total return of more than 27,000% over the last decade. That means that if you invested $1,000 in the stock 10 years ago and held onto your position, your holdings would now be worth more than $271,000.

What will Tesla stock be in 5 years? ›

surged Wednesday after Cathie Wood's Ark Invest said they should rocket more than 15-fold in five years as the electric-vehicle maker evolves into a more profitable robotaxi company. “Ark's updated open-source Tesla model yields an expected value of $2,600 per share in 2029,” according to an Ark Invest report.

With two ratings agencies giving Tesla investment grade debt ratings, Tesla is now considered a blue chip company from a corporate debt perspective.

Tesla lost over $700 billion in value since November 2021 and Elon Musk wants $45 billion for his performance as CEO. Tesla's market cap is down more than $700 billion from its peak and investors are reeling, but CEO Elon Musk is still trying to make sure he gets paid.

The company with the most cash on hand in the US is Goldman Sachs Group (GS) with cash & equivalents of $206.326B, followed by Alphabet (GOOGL) and Morgan Stanley (MS). Last updated Sep 13, 2024.

Tesla, led by Elon Musk, is also among the select few companies with a substantial cash reserve (around $18 billion)— although less than PDD's — that has chosen not to pay dividends or repurchase shares. This strategy aligns with Musk's focus on reinvesting in the business for future growth.

Tesla makes, sells, and services all-electric vehicles in the U.S., Europe, and China. It also sells energy generation products. The company gets the vast majority of its revenue and all of its profits from automotive sales.