Despite such rampant growth, BYD stock trades at a reasonable 17 times forward earnings estimates, with a price to sales ratio of 0.9. The stock is up 16% in the last two months but still 35% below its July 2022 peak (82). This is a great time to buy a stock that not only looks like the next Tesla – it essentially already is China’s Tesla.

Tesla Plans FSD Launch in China, Europe Early Next Year

To form an opinion on Tesla’s pricing, start by deciding what kind of company Tesla is. Considering Tesla’s current valuation, it’s clear most investors don’t view Tesla as a carmaker. Investors are paying a steep premium because they believe in Tesla’s ability to innovate, open new markets, diversify its business model and create massive shareholder value. Competition will be a major challenge for Tesla in the years ahead. Going forward, consumers will have more choice in electric vehicles as other automakers increasingly look to win a piece of the EV market.

However, the stock has erased much of that loss as investors get excited about its Robotaxi reveal. The stock is up almost 30% in three months, and its year-to-date loss has been whittled down to 9%. Tesla stock climbed on Thursday after the electric car maker said it was poised to roll out its full self-driving technology in Europe and China a month before it’s set to unveil its highly anticipated Robotaxi. Tesla was also boosted by a strong fourth-quarter earnings report. Famous growth investor Cathie Wood has a similar vision, albeit with a longer timeline. Citing Dojo as a growth factor for Tesla, Wood predicts Tesla will hit $1,400 buffettology or more by 2027.

Tesla Shareholder

The company also hinted that the FSD will go live in Europe and Asia by the first quarter of 2025, contingent on receiving regulatory approval. International FSD rollout is a tall order, given the kind of data and testing the company needs in these geographies and the difficulty in getting the regulatory nod. On Thursday, the stock could be buoyed by Tesla giving a timeline for launching its full self-driving technology in Europe, and China, one of the company’s key markets.

Revenue Growth

“The reopening of China has unlocked the full potential of Tesla’s economies-of-scale once more, meaning production in the region is largely back in full swing,” she added. “The share price rally since the start of the year has been largely linked to this, and progress hasn’t been dented thanks to Tesla’s record quarter.” The EV manufacturer logged earnings-per-share of $1.19 for the three months ending December 31, which comfortably beat Wall Street analysts’ expectations. Tesla’s leadership expects to capitalize on that growth. The company has expressed a long-term goal of expanding vehicle production to 20 million by 2030. If you don’t have that confidence, Tesla is an expensive risk.

After leading gains in the benchmark index on Wednesday, Tesla shares rose… Tesla stock is higher Thursday after the EV maker announced plans to launch its full self-driving driver assistance software in Europe and China in 2025. Steve Westly says Tesla (TSLA) has opened “a whole new world” with its plans to accelerate full self-driving vehicles in international markets. He and Hatem Dhiab of @Gerberkawasaki talk about the opp… Tesla Inc TSLA continues to strengthen its position in the U.S. electric vehicle market, with notable improvements in August. Tesla, Inc.’s TSLA core electric-vehicle manufacturing business hasn’t been immune to the industry-wide downturn but the Elon Musk-led company has done well to grow its ancillary businesses, earning t…

Tesla (TSLA) shares a road map to bring full self-driving vehicles to international markets in 2025. Nio Inc. (NIO) showed signs of acceleration in its earnings, while C3.AI (AI) and HP Enterprise (HP… The average analyst rating for Tesla stock from 37 stock analysts is “Hold”. This means that analysts believe this stock is likely to perform similarly to the overall market. That’s a rare piece of good news in what’s been a difficult year for Tesla. Shares of the carmaker plunged as much as 43% in 2024 amid concerns over demand, lower sales, rising competition, and Elon Musk’s myriad legal battles.

The Zacks Analyst Blog Highlights Apple, Tesla, NextEra Energy, Investors Title and Autoscope Technologies

We already know Tesla is willing to defend its market share by lowering prices. Tesla is a risky stock, but one that could play big rewards down the line. If Tesla can execute near-term product and feature launches while maintaining its market share without upending margins, the future will be bright. Longer-term, the energy business, driverless taxis and a cloud computing service using Dojo could end up justifying Tesla’s high price tag today. In August, the stock dipped on news that Tesla had cut prices in China to defend its market share. The stock rose again when the China Passenger Car Association reported year-over-year and month-over-month sales growth on Tesla EVs made in China.

In July, for example, Tesla stock jumped from unexpected good news about the company’s second quarter. First, Tesla announced consensus-beating vehicle production and delivery numbers. A few weeks later, the company reported higher-than-expected revenue and EPS. Tesla plans to release Full Self Driving technology, its advanced driver assistance system, in China and Europe in the first quarter of next year, pending regulatory approvals.

Elon Musk’s AI startup xAI has discussed a deal where it would get some Tesla TSLA -8.45%decrease; red down pointing triangle revenue in exchange for providing the carmaker access to its technology an… Tesla’s revenue also grew 37% year-on-year to $24.3 billion, which narrowly beat analysts’ $24.1 billion target and could show shareholders that recent aggressive price cuts have fresh forex reviews and user ratings helped to revive faltering demand. In dollars, that means the $500 billion in sales this year will grow to nearly $1,580 billion in seven years. Contributing factors are favorable regulatory environments for EVs around the world, rising fuel prices and growing adoption of alternative fuel vehicles. Tesla is an interesting long-term stock that may face near-term headwinds. The company’s leading market share in the global EV market is attractive.

1. In 2008, the carmaker had endured a near-death experience, and in the lead-up to the IPO and afterwards, it was selling only one car, the original Roadster.
2. In his view, steeper competition, factory shutdowns and launch delays put Tesla at risk of losing market share.
3. With long-term cultural trends in play and the possibility of a short-term catalyst in the form of a proposed DEA rule on rescheduling, this is a prime way to play the growth in cannabis.
4. Centrus Energy (LEU) Many think that wind and solar are the answer to climate change, but about 60% of the reduction in CO2 emissions during the past 15 years has come from switching from coal to natural gas.

Still, analysts don’t agree on whether Tesla is overpriced, fairly priced or underpriced. Wolfe Research analyst Emmanuel Rosner on Wednesday assumed coverage has nvidia finally hit bottom of the stock with a Peer Perform rating. Tesla (TSLA) has announced plans to release its full self-driving technology in China and Europe in the first quarter of 2025.

September is proving to remain historically difficult for the markets as it started with a week of sell-offs. Semiconductors accounted for a big cut in tech, taking double-digit percentage hit. So, if the top risks to the world right now are climate change and geopolitical conflict, the growth of nuclear energy in both America and China is essential. With long-term cultural trends in play and the possibility of a short-term catalyst in the form of a proposed DEA rule on rescheduling, this is a prime way to play the growth in cannabis. Our community is about connecting people through open and thoughtful conversations. We want our readers to share their views and exchange ideas and facts in a safe space.

The stock pared some gains closer to noon ET, to trade at $227.56, up by 3.6%. Trading on the NASDAQ, Tesla offered 13.3 million shares at a price of $17 per share. Brock’s passion is unraveling the complexities of personal finance in easy-to-understand ways. Follow her for money advice and inspiration to create the life you want, from nearly any starting point. Brock’s work has been featured on USA Today, MSN Money and The Motley Fool. She has also made television appearances in Chicago, Los Angeles, St. Louis and Nashville, representing her fashion and finance brand Budget Fashionista.