2026-06-18 12:30 UTC
Open Macro short in TSLA: technical breakdown-retest setup remains bearish, while trusted fundamentals are mixed and do not provide a strong bullish override.
Open Macro short in TSLA: technical breakdown-retest setup remains bearish, while trusted fundamentals are mixed and do not provide a strong bullish override.
The bucket is flat, so it must enter. The technical reference favors downside after a failed rebound under the 412-424 supply zone and a close back below 400. Trusted macro/fundamental evidence is mixed: Tesla shows strong liquidity, positive net cash, low leverage, and strong interest coverage, but profitability is only moderate and net margin is thin. Because macro does not clearly contradict the bearish technical proposal, Macro permits the AT-style short rather than overriding it.
Not applicable for stock mode.
Not applicable for stock mode.
Watch whether operating and net margins improve while liquidity, net cash, and low leverage remain intact.
Macro analysis 10 claims Open analysis Close analysis
The main transmission is balance-sheet resilience versus earnings quality. Strong liquidity, positive net cash, low leverage, and high interest coverage reduce financial stress and support flexibility. However, relatively modest operating and especially net margins mean the earnings cushion is not as strong as the balance sheet, which keeps the overall fundamental read balanced rather than decisively bullish.
- Current ratio is above 2x, indicating solid short-term liquidity.
- Cash exceeds total debt, producing a positive net cash position.
- Debt is low relative to both equity and total assets.
- EBIT covers interest expense by more than 17x.
- Net margin is only about 3.75%, limiting bottom-line strength.
- Net margin is thin relative to revenue.
- Operating margin is positive but only moderate.
- Suspicious valuation-related metrics prevent any reliable valuation conclusion from PE, EPS, stock price, or market capitalization.
Evidence report 10 claims Open evidence
Tesla has positive gross profitability on the provided revenue base.
- Formula
- gross_profit_on_sales / sales_revenues * 100
- Input
- gross_profit_on_sales=4,720,000,000; sales_revenues=22,390,000,000
- Calculation
- 4,720,000,000 / 22,390,000,000 * 100 = 21.0808396606
- Value
- 21.08%
Operating profitability is positive but only moderate.
- Formula
- operating_profit / sales_revenues * 100
- Input
- operating_profit=1,570,000,000; sales_revenues=22,390,000,000
- Calculation
- 1,570,000,000 / 22,390,000,000 * 100 = 7.01205806163
- Value
- 7.01%
Net profitability is thin relative to revenue.
- Formula
- net_income / sales_revenues * 100
- Input
- net_income=840,000,000; sales_revenues=22,390,000,000
- Calculation
- 840,000,000 / 22,390,000,000 * 100 = 3.75167485485
- Value
- 3.75%
EBITDA profitability is materially stronger than net profitability.
- Formula
- ebitda / sales_revenues * 100
- Input
- ebitda=3,670,000,000; sales_revenues=22,390,000,000
- Calculation
- 3,670,000,000 / 22,390,000,000 * 100 = 16.3912469853
- Value
- 16.39%
Short-term liquidity is strong based on current assets versus current liabilities.
- Formula
- current_assets / current_liabilities
- Input
- current_assets=69,750,000,000; current_liabilities=34,140,000,000
- Calculation
- 69,750,000,000 / 34,140,000,000 = 2.04393673111
- Value
- 2.04x
Cash covers total debt comfortably.
- Formula
- cash_and_equivalent / debt
- Input
- cash_and_equivalent=16,600,000,000; debt=9,230,000,000
- Calculation
- 16,600,000,000 / 9,230,000,000 = 1.79848320693
- Value
- 1.80x
Cash alone covers a meaningful but incomplete share of current liabilities.
- Formula
- cash_and_equivalent / current_liabilities
- Input
- cash_and_equivalent=16,600,000,000; current_liabilities=34,140,000,000
- Calculation
- 16,600,000,000 / 34,140,000,000 = 0.486233157586
- Value
- 0.49x
Leverage is low relative to equity.
- Formula
- debt / equity_capital_and_reserves
- Input
- debt=9,230,000,000; equity_capital_and_reserves=84,120,000,000
- Calculation
- 9,230,000,000 / 84,120,000,000 = 0.109723252496
- Value
- 0.11x
Debt is low relative to total assets.
- Formula
- debt / assets * 100
- Input
- debt=9,230,000,000; assets=143,720,000,000
- Calculation
- 9,230,000,000 / 143,720,000,000 * 100 = 6.42220985249
- Value
- 6.42%
Interest coverage is very strong.
- Formula
- ebit / interest_expense_on_debt
- Input
- ebit=1,570,000,000; interest_expense_on_debt=92,000,000
- Calculation
- 1,570,000,000 / 92,000,000 = 17.0652173913
- Value
- 17.07x
Data gaps 4 Open gaps
PE does not align with stock price divided by EPS.
If EPS is directly comparable with stock price, price/EPS should be close to PE. A large mismatch may mean period mismatch, TTM vs quarterly data, or extraction inconsistency. IMPORTANT WARNINGMarket capitalization appears scale-inconsistent.
market cap 127.0 is less than 5% of assets 143720000000.0 market cap 127.0 is less than 5% of sales 22390000000.0 raw value looks unscaled, e.g. 'USD 455' with no B/M suffix IMPORTANT WARNINGPE does not align with stock price divided by EPS.
If EPS is directly comparable with stock price, price divided by EPS should be close to PE. The large mismatch suggests period mismatch or extraction inconsistency. IMPORTANT WARNINGMarket capitalization appears scale-inconsistent.
The reported market capitalization scale is inconsistent with the size of assets and sales and appears unscaled. IMPORTANT WARNINGTesla’s trusted financial snapshot points to a resilient balance sheet but only moderate earnings strength. The strongest positives are liquidity, positive net cash, low leverage, and strong interest coverage. The main caution is that profitability, especially net margin, is relatively thin, so the overall fundamental read is mixed rather than decisively bullish.
Stock supportive evidence 4 Open evidence
Tesla holds a positive net cash position.
Cash exceeds debt by USD 7.37B, which strengthens resilience and optionality.Short-term liquidity is strong based on current assets versus current liabilities.
The company appears well positioned to meet near-term obligations from current resources.Interest coverage is very strong.
The company appears to have ample operating earnings to service interest expense.Leverage is low relative to equity.
Debt is only about 11% of equity capital and reserves, indicating conservative balance-sheet leverage.Stock caution evidence 3 Open caution
Net profitability is thin relative to revenue.
Only about 3.75 cents of each revenue dollar converts into net income, which limits earnings cushion.Operating profitability is positive but only moderate.
The business is operating-profit positive, but the margin indicates only moderate operating efficiency in this snapshot.Cash alone covers a meaningful but incomplete share of current liabilities.
Cash does not fully cover current liabilities on its own, but it still provides a substantial liquidity buffer.