Company Of The Day: Tesla

+74.97%
Upside
170
Market
297
Trefis
TSLA: Tesla logo
TSLA
Tesla

What?

Tesla (NASDAQ:TSLA) plans to suspend production at its Shanghai manufacturing facility for four days, per a report from Reuters, as the city goes into a lockdown to carry out Covid-19 testing.

So What?

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Tesla’s Shanghai facility has a capacity of over 450,000 vehicles per year. It’s likely that the temporary shutdown will have a small impact on Tesla’s overall production numbers for the quarter.

See Our Complete Analysis For Tesla

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

Returns Mar 2022
MTD [1]
2022
YTD [1]
2017-22
Total [2]
 TSLA Return 13% -7% 2209%
 S&P 500 Return 2% -6% 99%
 Trefis MS Portfolio Return 2% -9% 259%

[1] Month-to-date and year-to-date as of 3/29/2022
[2] Cumulative total returns since the end of 2016

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