Return on assets of Tesla, Inc.
The return on assets (ROA) tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Tesla, Inc. designs, develops, manufactures, and sells electric vehicles and energy storage products in the United States, China, Norway, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. It primarily offers sedans and sport utility vehicles. The company also provides electric vehicle powertrain components and systems to other manufacturers; and services for electric vehicles through its 135 company-owned service centers and Service Plus locations, as well as through Tesla Ranger mobile technicians. It sells its products through a network of company-owned stores and galleries, as well as through Internet. In addition, the company offers energy storage products, such as rechargeable lithium-ion battery systems for use in homes, commercial facilities, and utility sites. Further, the company designs, manufactures, installs, maintains, leases, and sells solar energy systems to residential and commercial customers through a sales organization that include specialized internal call centers, outside sales force, a channel partner network, and a customer referral program, as well as through selected Tesla stores. Additionally, it sells renewable electricity generated by solar energy systems to customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was founded in 2003 and is headquartered in Palo Alto, California.
|ACRX AcelRx Pharmaceuticals, Inc.||NASDAQ > Health Care > Major Pharmaceuticals||4.68|
|SPR Spirit Aerosystems Holdings, Inc.||NYSE > Capital Goods > Military/Government/Technical||4.68|
|GBT Global Blood Therapeutics, Inc.||NASDAQ > Health Care > Major Pharmaceuticals||4.69|
|SBRA Sabra Healthcare REIT, Inc.||NASDAQ > Consumer Services > Real Estate Investment Trusts||4.69|
|SAIA Saia, Inc.||NASDAQ > Transportation > Trucking Freight/Courier Services||4.69|
|CFNB California First National Bancorp||NASDAQ > Finance > Major Banks||4.69|
|TSLA Tesla, Inc.||NASDAQ > Capital Goods > Auto Manufacturing||4.70|
|CVGW Calavo Growers, Inc.||NASDAQ > Consumer Non-Durables > Farming/Seeds/Milling||74.25|
|AAMC Altisource Asset Management Corp||NYSEMKT > Finance > Real Estate||78.83|
|UNB Union Bankshares, Inc.||NASDAQ > Finance > Major Banks||79.46|
|CIA Citizens, Inc.||NYSE > Finance > Life Insurance||85.59|
|ATLC Atlanticus Holdings Corporation||NASDAQ > Finance > Finance: Consumer Services||103.09|
|UONEK Urban One, Inc.||NASDAQ > Consumer Services > Broadcasting||154.06|