Tesla stock trades at nosebleed levels thanks to its AI exposure.
One Tesla competitor also has AI exposure without the premium.
10 stocks we like better than Rivian Automotive ›
Tesla's (NASDAQ: TSLA) market cap is currently hovering around $1.2 trillion. Over the last three years, shares have soared by more than 50%.
What many investors may not realize, however, is that Tesla's auto sales are actually declining. Last year, Tesla's auto sales fell by 8%. In 2024, auto sales were down by around 1%.
One Tesla competitor also has AI exposure without the premium.
10 stocks we like better than Rivian Automotive ›
Tesla's (NASDAQ: TSLA) market cap is currently hovering around $1.2 trillion. Over the last three years, shares have soared by more than 50%.
What many investors may not realize, however, is that Tesla's auto sales are actually declining. Last year, Tesla's auto sales fell by 8%. In 2024, auto sales were down by around 1%.
2 months ago
