Stellantis N.V. is a deep-value buy despite a poor year, while Tesla, Inc. is extremely overvalued and due for a price correction in 2025. Both companies have similar gross profit margins and EPS forecasts, yet Tesla's stock quote is 36x higher, indicative of irrational market pricing. Stellantis offers substantial value on cash reserves vs. debt, net assets, sizable cash flow generation, and a high dividend yield, making it a safer investment compared to Tesla's overinflated setup.
One company that should be at the top, or at least near the top, of any investor list of most-watched stocks has to be Tesla (NASDAQ:TSLA).
Tesla Inc (NASDAQ:TSLA)'s new car registrations in the European Union fell by 40.9% year-on-year in November, according to data from the European Automobile Manufacturers' Association (ACEA). Tesla's significant contraction in registrations contributed to a broader 5.4% decline in battery-electric vehicles across the bloc.
Tesla is evaluating multiple Texas cities where it wants to test a long-promised robotaxi service, including Austin, according to emails obtained by Bloomberg News.
Tesla (NASDAQ: TSLA) shares recently experienced a sharp pullback, dropping 8.3% to close at $440.12, their steepest decline in months. This drop coincided with a broader market selloff, as the Nasdaq Composite and S&P 500 fell 3.5% and 3%, respectively.
Rivian presents a far more attractive risk-reward profile than its core U.S. rival Tesla. Rivian trades at roughly 1/5 of Tesla's revenue multiple. I'm upgrading Rivian to a strong buy rating, especially ahead of the company's plan to hit gross margin profitability in Q4. The company is stepping up production of Amazon delivery vehicles, on top of ongoing cost improvements in the second-gen R1 vehicle.
Tesla is in early talks with the authorities in the city of Austin, Texas, regarding its autonomous vehicle technology, Bloomberg News reported on Thursday.
Tesla's former China plant manager is set to join Chinese renewable energy group Envision, two sources familiar with the matter said on Thursday.
Tesla shares dropped more than 8% on Wednesday, their biggest decline since before Trump's election victory. The stock is still up 75% in the six weeks since the election and climbed to a record on Dec. 11, surpassing its prior high reached in 2021.
If stock bulls can't handle what they heard from the Fed today, they may indeed be as vulnerable as sky-high valuations have been suggesting for weeks, argues Oliver Renick, who expected yields to break out. ======== Schwab Network ======== Empowering every investor and trader, every market day.
Baird analyst Ben Kallo is reassessing the electric vehicle landscape in light of geopolitical uncertainty and policy changes.
The list of companies that have market capitalizations greater than $1 trillion continues to grow with Broadcom Inc AVGO recently joining the club after its quarterly financial results sparked a rally in shares.