Tesla Stock Takes 9% Post-Earnings Dive—Here’s Why Some Say Its $840 Billion Valuation Is ‘Disconnected From Reality’

  • 📰 Forbes
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 53%

Argentina Noticias Noticias

Argentina Últimas Noticias,Argentina Titulares

Tesla beat expectations for sales and profit last quarter but its stock remains “egregiously overvalued,” according to one bearish analyst.

Tesla stock slid Thursday after the electric vehicle company delivered an earnings report that largely exceeded headline expectations, as pessimistic warnings grow louder about whether the company’s recent 150% stock surge was warranted.Tesla’s $24.9 billion in sales and $0.

Tesla reported its lowest operating income since 2021 as vehicle profit margins slumped to a multiyear low of 18.1%, amplifying concerns about its ability to continue on its path of astronomical financial growth. Tesla’s price-to-earnings ratio , which tracks a company’s stock price compared to prior earnings and indicates how confident investors are about a company’s growth prospects, has exploded by more than 130% this year as the market largely cheers on boosted sentiments for tech stocks amid the artificial intelligence wave and a flurry of positive headlines for Tesla, including theBut neither AI nor charging expansion are “financially material for Tesla,” according to Bernstein analyst Toni...

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 394. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Tesla earnings: What to expect from the Cybertruck makerTesla earnings arrive Wednesday amid a rally for Tesla stock and Cybertruck's arrival.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Tesla stock option traders are ready for a bigger post-earnings move than history suggestsTesla Inc.’s stock options have been priced for a bigger-than-usual one-day move after the electric-vehicle maker reports second-quarter results after...
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

The only reason to buy Tesla stock has nothing to do with EV businessThe only reason to buy Tesla stock has nothing to do with its EV business, market strategist says
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »