Tesla stock is down slightly in September but the new Roadster reveal could be a catalyst for shares of Elon Musk's company.
Tesla is selling gobs of vehicles, but its operating margin has shrunk. The stock seems overvalued, too.
Tesla, Inc. is evolving into a software-driven company, with full self-drive, or FSD, adoption now exceeding 55% of new deliveries in North America. TSLA's paid FSD subscriptions have surged 56% year-over-year, reaching 1.48 million, indicating robust monetization of its autonomous platform. While TSLA stock isn't considered "dirt cheap," its potential as a software tollbooth justifies a cautious, incremental buy approach.
Steve Eisman, the Neuberger Berman senior portfolio manager made famous by The Big Short, laid out the math on his weekly wrap podcast: “The consensus estimate for Tesla for 2026 is $1.66, so the 2026 PE is 220 times.
Tesla just ripped 8% in a month on Roadster hype, but prediction markets give that car only a one-in-three shot at arriving by 2027. Before you buy the excitement, understand what the income statement is quietly signaling.
Tesla (TSLA) concluded the recent trading session at $366.37, signifying a +2.32% move from its prior day's close.
Tesla's stock has some catching up to do. But even after an action-packed slate of fall product events, analysts say investors may be left wanting.
After a solid multi-week run that saw Tesla Inc. NASDAQ: TSLA shares climb almost 30% from their late-July low, the rally has stalled. The stock has drifted back to around $360 as a regulatory cloud over its Cybercab robotaxi gives the bulls a reason to bank some profits.
Tesla just posted record deliveries and expanded Robotaxi to seven cities, yet the stock sits 20% in the red for the year.
In this episode of Motley Fool Hidden Gems Investing, Motley Fool contributors Travis Hoium, Lou Whiteman, and Rachel Warren discuss:
TSLA and SPCX are already sharing technology, talent, capital and operations as Musk again leaves the door open to a possible merger.
TSLA's long-awaited Roadster debuts on Oct. 1 with Cyber design cues and SpaceX thrusters, promising 0-60 mph acceleration in under one second.