Tesla Is Plummeting Again — Is It Time to Buy the Stock?
From Yahoo Finance: 2025-04-10 13:51:00
Tesla stock saw a 9.9% drop in share price, amid a 5.3% decline for the S&P 500 and a 6.1% decline for the Nasdaq Composite. President Trump raised import taxes on Chinese products to 125%, causing Tesla stock to plummet 39% in 2025’s trading and 48% from its peak valuation.
Despite the drop, Tesla stock is still trading at 95.5 times this year’s expected earnings and 7.4 times this year’s expected sales. The company’s valuation multiples suggest high risk due to weak performance and potential brand damage from CEO Elon Musk’s political involvement. A new vehicle model launch could boost sales, but stock remains expensive for core EV business valuation.
An expert team of analysts occasionally issues “Double Down” stock recommendations for companies about to rise. If you invested $1,000 in Nvidia in 2009, you’d have $296,487; in Apple in 2008, $37,700; and in Netflix in 2004, $509,884. Now might be the best time to buy before missing out on potential gains.
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