Abstract

This text explores the effect of Tesla on sustainable energy and how the company lead a green revolution in the automobile industry. With the Russia- Ukraine war, European countries are facing an energy shortage. Moreover, more and more Europeans are expecting a ‘colder’ winter this year due to soaring prices of gasoline. Electric vehicles, which produces fewer greenhouse emissions and air pollutants, became an considerable option for many under the influence of Tesla—and sales of Tesla vehicles also demonstrated this. For the past four years, Tesla revenue has increased by 120%, and the average wait time for the Model X ranges to over a year. We perform a company analysis of the Tesla’s financial statements and draw a conclusion on whether Tesla is a good company, a good investment, or both by looking at its revenue growth, current ratio, profit margin, and price to earning ratio. Through trend analysis, Tesla showed strong strength in an increasing trend. With cross-sectional analysis across the automobile industry, we suggest investors to hold before they purchase a Tesla share.

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