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TESLA

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Delayed Quote. Delayed Nasdaq - 03/19 04:00:00 pm
268.24 USD   -0.46%
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Tesla : Elon Musk puts his LA home up for sale worth $4.5 Million

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02/12/2019 | 11:44am EDT

CAPE TOWNTesla's chief executive Elon Musk has decided to put up one of his homes for sale in Los Angeles.

According to a report by Forbes, the mansion is listed as a four-bedroom, three-bath home for $4.5 Million (R61 million).

The report by Forbes states that he first bought the house in 2014 with his ex-wife Talulah Riley for $3.695 million (R50 million).

The 3,000-square-foothouse makes use of spacious open-plan rooms, such as this living room off of the kitchen.

It also features sliding glass doors out to the pool and a painted brick wall and is built with a few earth-friendly features includingdual tankless hot water system, dual-zoneclimate control and irrigated drought-tolerant landscaping.

No reason is given as to why the home is up for sale.

It’s been almost 30 years since Elon Musk left South Africa to start a new life in the US.

It is said that the billionaire may be about to bring his Tesla electric cars back home.

“Probably end of next year,” the chief executive officer of Tesla replied to a South African fan on Twitter, who asked him when a store would open in the country of the businessman’s birth. “Amazing – I’m first in line when it happens!” replied the individual

BUSINESS REPORT ONLINE

(c) BusinessReport 1999 - 2019 Independent Newspapers (Pty) Limited. All rights strictly reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2019 27 849 M
EBIT 2019 1 400 M
Net income 2019 348 M
Debt 2019 7 380 M
Yield 2019 -
P/E ratio 2019 179,86
P/E ratio 2020 44,76
EV / Sales 2019 1,94x
EV / Sales 2020 1,60x
Capitalization 46 547 M
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Mean consensus HOLD
Number of Analysts 29
Average target price 328 $
Spread / Average Target 22%
EPS Revisions
Managers
NameTitle
Elon Reeve Musk Chief Executive Officer
Robyn M. Denholm Chairman
Deepak Ahuja Chief Financial Officer
Jeffrey B. Straubel Chief Technology Officer
Gary Clark Chief Information Officer
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