From Nasdaq.: 2025-04-06 18:32:00

Tesla (NASDAQ: TSLA) reported first-quarter deliveries just under 337,000, falling 13% year over year and below Wall Street estimates. Competition and Elon Musk’s involvement with DOGE are seen as factors in the decline, with the stock down over 35% this year. Rising competition from Chinese electric carmaker BYD is impacting Tesla’s sales in Europe and China. Musk’s role with DOGE and political posts have also been linked to Tesla owners trading in their vehicles at record rates. Despite future initiatives like self-driving technology, Tesla’s core business struggles, raising concerns about its valuation and stock performance.

Investors are concerned about Tesla’s performance amid Musk’s involvement with DOGE and recent poor results. Tesla’s high valuation, over 93 times forward earnings, relies on future initiatives like self-driving technology and robotics. However, the impact and adoption of these technologies remain uncertain, with Tesla’s core business facing challenges. Analysts and investors question Musk’s ability to balance his roles between Tesla and DOGE, leading to doubts about the company’s future and stock performance. Despite potential, Tesla’s struggles may continue to push the stock lower.

A “Double Down” alert has been issued for three promising companies, offering a potential lucrative investment opportunity. Past recommendations for Nvidia, Apple, and Netflix yielded significant returns over the years. Investors are encouraged to consider these alerts for potential growth opportunities. Stock Advisor returns as of April 5, 2025. The Motley Fool has positions in and recommends Tesla and BYD Company, while the author has no position in the mentioned stocks.



Read more at Nasdaq.: After Disastrous First-Quarter Sales, Tesla’s Stock Is Down 36% This Year. It Can Go Lower