Tesla opens 24-hour drive-in and diner
Digest more
Tesla Expected to Report Falling Profit
Digest more
Even with shares down 12% this year, Tesla Inc. (NASDAQ:TSLA) still carries an out-of-this-world price-to-earnings ratio of 189x. That's not just lofty—it's meme-level. Tesla's Valuation Is Still From Another Planet For context,
Tesla Inc.’s core car-making business is facing a deteriorating outlook, providing a major test of Chief Executive Officer Elon Musk’s ability to lift the stock price with his vision
Tesla’s reputation is in a crash it can’t control, much like the people who are behind the wheel when the car’s self-driving features fail to stop. In the latest Electric Vehicle Intelligence Report, Tesla saw its perception erode among consumers, leading to the company scoring the lowest trust score among all major EV makers.
Tesla is no longer the EV king of Europe. After dominating sales charts for years, the American automaker has slipped to second place
Where as performance is expected to be almost identical—as both the Tesla and Hyundai hover around the 3.0 second mark from zero to 60mph, the Model 3 Performance sells for around $56,000 where as the Ioniq 6 N is expected to land in showrooms nearly five figures more at around $65,000.
Tesla's earnings are due today with an investor call at 5:30 p.m. ET. Elon Musk's politics have rocked TSLA stock, with shares down 18% YTD.
Some new charging stations like Tesla's diner aim to turn powering your EV into an experience, but the real future of EVs is ultra fast and available everywhere you go.
Sales for the company are down all over the world, despite its recent introduction to new markets, like India. Now, as Tesla struggles to keep its head above water, another significant revenue stream is about to run dry,