ARKInvest / ARK-Invest-Tesla-Valuation-Model

An excerpt from our financial valuation model of Tesla
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Detail review notes #5

Open Robertocarlos1 opened 5 years ago

Robertocarlos1 commented 5 years ago

Cell F19 you typed in 19,000 but should have typed in 19,000,000,000 consistent with E19 and G19. The impact of the error is that the depreciation of 15% works out to only $2,850 rather than $2.85bn like it should. After correcting this you will get a stock price of $6,007 as your EBITDA will be higher by $2.85bn.

I also agree with the other commenter that you should have a billable % on the miles driven as there are definitely a large percentage of non-billable miles required to get the vehicle to the customer, get it to its charging station, etc.

Overall you did a great job! Thanks for sharing!

angelmarauder commented 5 years ago

As of Tesla Valuation for Github_5.27.19_v3.2.xlsx, this is inaccurate. F19 is correct. and % billable (utilization) is factored in according the line 46 comment