Tesla Inc
0.0 %
116.24 %
Yet to be announced
Company Overview
Tesla, Inc. designs, develops, manufactures, and sells electric vehicles, energy generation and storage systems. The company operates through two segments: Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles and automotive regulatory credits. The Energy Generation and Storage segment provides energy storage systems, solar energy systems, and related services.
Revenue Sources
Based on Tesla's financial statements and business activities, the company's primary revenue streams come from electric vehicle sales, automotive regulatory credits, energy storage systems, and solar energy solutions. These core business activities are halal as they involve the exchange of real products and services that create value. There is no evidence of significant revenue from gambling, alcohol, tobacco, or other haram sources.
Reliance on Interest
Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
---|---|---|---|---|---|---|
Dec. 31, 2024 | $25.71b | $24.22b | - | $96.0m | 0.00% | 0.40% |
Sept. 30, 2024 | $25.18b | $22.56b | - | $92.0m | 0.00% | 0.41% |
June 30, 2024 | $25.5b | $23.98b | - | $86.0m | 0.00% | 0.36% |
March 31, 2024 | $21.3b | $20.21b | - | $76.0m | 0.00% | 0.38% |
The interest expense ratios for the past four quarters are well below the 5% threshold when compared to total expenses. Interest income is reported as $0 across all quarters, indicating the company does not derive income from lending. The interest expenses are primarily related to operational financing and leases, which is incidental to the main business.
Operational Ethics
Tesla has a manufacturing facility (Gigafactory) in Shanghai, China. While this represents a significant operation in China, there is no clear evidence of direct collaboration or material ties with the Chinese Communist Party beyond standard business registration requirements. Tesla does not maintain any R&D centers or manufacturing facilities in Israel.
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Teslas owner, Elon Musk is a rasict and zionist. (the same but still) I would disagree with the halal rating and would propose that it gets rated "uncomfortable"
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Salam, where do I find buy/hold/sell prices for Tesla but also other stock?
Salam brother, if you are a subscribed member you can see the buy and sell prices for our watchlist on the PIF watchlist tab.
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Doesn't Tesla have a brewery in Germany, how does that make it halal then?
In one of your videos on mortgages you mentioned any percentage of interest is haram I think. Is it different when it’s a company? Also can you explain why 2.5% as opposed to say 5% or 33% that we read in some places ?
Salam Brother, we have a criteria that we follow at PIF, since there is no 100% halal business, we put a threshold for how much a company makes from a haram source or interest income, this threshold is 2.5%, Also we take into account that this is not the main activity of Tesla, so since Tesla didn't exceed this threshold we are comfortable investing in it.
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