Reported 2 days ago
Tesla's stock, which surged by 70% in 2024, is predicted to fall out of the $1 trillion valuation club by 2025 due to declining EV sales and an inflated P/E ratio. Although the company aims for substantial growth driven by its autonomous driving technology, its recent delivery numbers fell short of expectations, signaling difficulty in achieving this growth amidst rising competition from low-cost EV manufacturers. Investors face a significant risk, as Tesla's current valuation might not be sustainable without improved vehicle sales.
Source: YAHOO