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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Tesla Inc.    TSLA

TESLA INC.

(TSLA)
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Tesla : German plant to produce 500,000 cars a year - Bild

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12/11/2019 | 05:56am EST
A flagstore shop of electric carmaker Tesla is pictured in Berlin

Tesla plans to build 500,000 electric vehicles a year at its new factory on the outskirts of Berlin, Germany's Bild newspaper reported on Wednesday.

Last month, Tesla Chief Executive Elon Musk announced that a site in Gruenheide, Brandenburg, had been chosen to build Tesla Model 3 and Model Y vehicles.

German newspaper Frankfurter Allgemeine Zeitung reported that Tesla will invest up to 4 billion euros (£3.44 billion) in the plant.

Tesla's Gigafactory will create 10,000 jobs, Bild said, citing planning documents to develop the site which is as large as 420 soccer pitches.

Construction will start in 2020, the newspaper reported. Tesla declined to comment on the Bild article or on its expansion plans.

(Reporting by Edward Taylor; editing by Jason Neely and Louise Heavens)

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Financials (USD)
Sales 2019 24 443 M
EBIT 2019 -141 M
Net income 2019 -802 M
Debt 2019 7 747 M
Yield 2019 -
P/E ratio 2019 -114x
P/E ratio 2020 235x
EV / Sales2019 4,08x
EV / Sales2020 3,28x
Capitalization 92 015 M
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Technical analysis trends TESLA INC.
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TrendsBullishBullishBullish
Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 34
Average target price 378,13  $
Last Close Price 510,50  $
Spread / Highest target 19,9%
Spread / Average Target -25,9%
Spread / Lowest Target -60,8%
EPS Revisions
Managers
NameTitle
Elon Reeve Musk Chief Executive Officer & Director
Robyn M. Denholm Chairman
Zachary Kirkhorn Chief Financial Officer
Kimbal Musk Director
Ira M. Ehrenpreis Independent Director
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