Analyst Says Tesla (TSLA) Valuation Still ‘Incredibly Rich’ as Chinese Companies ‘Eat’ Its Market Share
From Yahoo Finance: 2025-04-27 14:37:00
Aswath Damodaran from NYU Stern School of Business warns that despite positive results from major tech companies, underlying problems may impact future performance. Reacting to daily events can harm portfolios, so he advises against reactionary investing. Tesla (TSLA) faces market share challenges globally, with EV sales falling and stiff competition from Chinese rivals impacting market share in key regions like California and Europe. Despite Elon Musk’s efforts, demand remains a concern. Product lineup stagnation and increased competition from legacy automakers and Chinese rivals are further straining Tesla’s market position. Hedge funds are cautious about Tesla, with some attributing the decline in sales to factory changes and competition from BYD. While TSLA ranks 4th on the list of top stocks to watch, under-the-radar AI stocks may offer better returns in a shorter time frame. Check out our report on an undervalued AI stock with significant upside potential.
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