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Tesla Inc

TSLA
Failed

Company Overview

Tesla, Inc. engages in the design, development, manufacture, and sale of fully electric vehicles and energy generation and storage systems. The company operates through the following segments: Automotive and Energy Generation and Storage. The Automotive segment includes the design, development, manufacture, sale, and lease of electric vehicles as well as sales of automotive regulatory credits. The Energy Generation and Storage segment includes the design, manufacture, installation, sale, and lease of stationary energy storage products and solar energy systems, and sale of solar energy systems incentives. The company was founded by Jeffrey B. Straubel, Elon Reeve Musk, Martin Eberhard, and Marc Tarpenning on July 1, 2003 and is headquartered in Austin, TX.

Country
US
Market Cap
$797.62B
Last Fiscal Year
2023
Final Shariah Status
Failed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
27.18% failed
5% Threshold
27.2%
Liabilities Compliance
1.20% passed
33% Threshold
1.2%
Final Shariah Status
Failed

This stock does not meet all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name Tesla Inc
Ticker TSLA
Main Business Auto Manufacturers
Type Common Stock
Industry Auto Manufacturers
Country US
Market Cap $797.62 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Automotive sales $72,480.0 $21,744.0 Conventional Financing
Automotive regulatory credits $2,763.0 $0.0 -
Automotive leasing $1,827.0 $0.0 -
Energy generation and storage $10,086.0 $0.0 -
Services and other $10,534.0 $3,160.2 Insurance
Interest income $1,569.0 $1,569.0 -
Other income $695.0 $695.0 Foreign exchange gains
Total $99,954.0 $27,168.2 27.18% (failed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
current debt and capital lease obligation $3,050,000,000.0 0.38%
long term debt and capital lease obligation $6,530,000,000.0 0.82%
Total Interest-Bearing Debt $9,580,000,000.0 1.20%
Market Capitalization $797,620,800,000.0 100.00%
Compliance Status Threshold: 33% passed