Tesla Stock Warning: Why Now Is Not the Time to Go All-In on TSLA

InvestorPlace05-23

Tesla stock has been among the most disappointing performers in the markets this year.The company’s slump is being driven by what appear to be structural headwinds for the automaker.A number of bears ...

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Jo Ker
05-23
Jo Ker
If you consider Tesla to be just a car maker, then l advise you not to invest or even trade this counter, u will never understand it's price nature with this perspective.

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href=https://investorplace.com/2024/05/tesla-stock-warning-why-now-is-not-the-time-to-go-all-in-on-tsla/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla stock has been among the most disappointing performers in the markets this year.The company’s slump is being driven by what appear to be structural headwinds for the automaker.A number of bears ...</p>\n\n<a href=\"https://investorplace.com/2024/05/tesla-stock-warning-why-now-is-not-the-time-to-go-all-in-on-tsla/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0943347566.SGD","symbol_name":"安联收益及增长平衡基金AM 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(USD) INC","BK4548":"巴美列捷福持仓"},"translate_title":"特斯拉股票预警：为什么现在不是全押TSLA的时候","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLL":1,"TSLA":1},"content_text":"Tesla stock has been among the most disappointing performers in the markets this year.The company’s slump is being driven by what appear to be structural headwinds for the automaker.A number of bears are starting to emerge on the EV giant, and caution is likely warranted for long-term investors.Source: Zigres / Shutterstock.comOnce the king of the EV sector, Tesla’s outlook has clearly shifted. The company has long defied critics, but it’s clear that the company is at a key crossroads. Now down nearly 30% year-to-date (a marked improvement off its lows), some bulls may be looking for signs that now’s the time to add to their positions in TSLA stock.The market is correctly accounting for numerous challenges at the moment.Consumer demand is waning, competition is heating up dramatically in this sector, and this comes as government subsidies are expected to fade.Despite cost-cutting efforts, Tesla continues to confront significant market pressures. Stagflation could compound risks, with TSLA stock looking overvalued to me at 44-times forward earnings. (The typical multiples for car companies are much, much lower).The question is whether Tesla really is an AI, software, or tech stock, as its brass and bulls in the investing world seem to suggest. I’m not so sure that’s the case, and see significant downside from current levels. Here’s why.TSLA Stock Is ExpensiveAfter a steep decline, investors and analysts often advocate buying stocks for their reduced prices. Despite a post-earnings recovery and hopes for Full Self-Driving, Tesla’s stock plummeted 28.8% by May 17, making it one of the S&P 500’s worst performers.Trading more than 50% below its late 2021 peak, Tesla’s decline didn’t align with earnings estimates, partly due to weaker-than-expected deliveries.Elon Musk’s optimistic remarks on Tesla’s future during the April 23 earnings call and news of potential FSD approval in China provided brief encouragement. However, despite these developments, Wall Street continuously revised earnings estimates. The market expects a 2024 EPS of $2.44, which shows a decrease from the past estimates of $3.79 and $7.07 in 2023 and 2022, respectively. This shows a higher forward price-earnings ratio of 72.8 as of May 5.Analysts have been continuously lowering Tesla’s earnings estimate for next year, anticipating $3.32 compared to $5.27 this year.The 2025 P-E ratio rose to 53.5, up from 45 in March, surpassing previous 18-month highs. Other companies like General Motors and Toyota also have lower forward price-earnings ratios.An Analyst Says TSLA Will Plummet 70%According to ‘Big Short’ analyst Danny Moses, he predicts that Tesla will soon see a sharp decline in stock price. He expects a 70% drop for TSLA, which will be around down to $50 from its current $171 price. Moses also shares concerns about the stock’s core business and skepticism, as the company seems to be diverting its attention to other matters, like AI and robotaxis. He notes that investors have been growing impatient with Tesla and its future in the automotive industry. Moses links the expected downturn to Tesla’s focus on robotaxi and AI ventures, arguing they conceal underlying operational challenges. He critiques CEO Elon Musk’s emphasis on these endeavors amid core business struggles.Despite a temporary stock uptick post-Musk’s Q1 earnings call, Moses maintains skepticism, seeing these announcements as distractions from Tesla’s core issues.Under scrutiny from the Department of Justice for allegedly misrepresenting its self-driving technology, Tesla remained the focus of Moses’s short position. He commended Wayve, an autonomous driving company that secured substantial funding from investors, including Nvidia and Bill Gates.TSLA is a No-GoTesla faced scrutiny due to limited adoption of its Full Self-Driving tech, with only 2% of trial users opting for the subscription, raising concerns.Amid workforce changes, laid-off Supercharger team members were reportedly rehired. However, Tesla progressed with a new megafactory in China, and cybertrucks gained traction in the used car market.However, other factors still influence investor interest. The Biden administration investigates Tesla for Autopilot system defects, potential securities fraud, and internal controversies akin to Nikola’s CEO’s conviction. Musk’s potential legal jeopardy looms large.Considering all these factors, it might be best to avoid TSLA stock right now.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":308932154876144,"gmtCreate":1716450603867,"gmtModify":1716450608819,"author":{"id":"4157864390704452","authorId":"4157864390704452","name":"Jo Ker","avatar":"https://community-static.tradeup.com/news/e35ceceaf78d8b031d8e56601791257e","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":9,"crmLevelSwitch":1},"htmlText":"If you consider Tesla to be just a car maker, then l advise you not to invest or even trade this counter, u will never understand it's price nature with this perspective.","listText":"If you consider Tesla to be just a car maker, then l advise you not to invest or even trade this counter, u will never understand it's price nature with this perspective.","text":"If you consider Tesla to be just a car maker, then l advise you not to invest or even trade this counter, u will never understand it's price nature with this perspective.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/308932154876144","repostId":2437257705,"repostType":4,"repost":{"id":"2437257705","pubTimestamp":1716443363,"share":"https://www.laohu8.com/m/news/2437257705?lang=&edition=full","pubTime":"2024-05-23 13:49","market":"us","language":"en","title":"Tesla Stock Warning: Why Now Is Not the Time to Go All-In on TSLA","url":"https://stock-news.laohu8.com/highlight/detail?id=2437257705","media":"InvestorPlace","summary":"There are plenty of better growth stocks out there than TSLA stock in the EV and other high-growth industries to consider right now.","content":"<html><head></head><body><ul style=\"\"><li><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a> stock has been among the most disappointing performers in the markets this year.</p></li><li><p>The company’s slump is being driven by what appear to be structural headwinds for the automaker.</p></li><li><p>A number of bears are starting to emerge on the EV giant, and caution is likely warranted for long-term investors.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/42f7c5edde055ce1d41ff25e50e2e027\" alt=\"Source: Zigres / Shutterstock.com\" title=\"Source: Zigres / Shutterstock.com\" tg-width=\"768\" tg-height=\"432\"/><span>Source: Zigres / Shutterstock.com</span></p><p>Once the king of the EV sector, Tesla’s outlook has clearly shifted. The company has long defied critics, but it’s clear that the company is at a key crossroads. Now down nearly 30% year-to-date (a marked improvement off its lows), some bulls may be looking for signs that now’s the time to add to their positions in TSLA stock.</p><p>The market is correctly accounting for numerous challenges at the moment.</p><p>Consumer demand is waning, competition is heating up dramatically in this sector, and this comes as government subsidies are expected to fade.</p><p>Despite cost-cutting efforts, Tesla continues to confront significant market pressures. Stagflation could compound risks, with TSLA stock looking overvalued to me at 44-times forward earnings. (The typical multiples for car companies are much, much lower).</p><p>The question is whether Tesla really is an AI, software, or tech stock, as its brass and bulls in the investing world seem to suggest. I’m not so sure that’s the case, and see significant downside from current levels. Here’s why.</p><h2 id=\"id_3015602250\">TSLA Stock Is Expensive</h2><p>After a steep decline, investors and analysts often advocate buying stocks for their reduced prices. Despite a post-earnings recovery and hopes for Full Self-Driving, Tesla’s stock plummeted 28.8% by May 17, making it one of the S&amp;P 500’s worst performers.</p><p>Trading more than 50% below its late 2021 peak, Tesla’s decline didn’t align with earnings estimates, partly due to weaker-than-expected deliveries.</p><p>Elon Musk’s optimistic remarks on Tesla’s future during the April 23 earnings call and news of potential FSD approval in China provided brief encouragement. However, despite these developments, Wall Street continuously revised earnings estimates. </p><p>The market expects a 2024 EPS of $2.44, which shows a decrease from the past estimates of $3.79 and $7.07 in 2023 and 2022, respectively. This shows a higher forward price-earnings ratio of 72.8 as of May 5.</p><p>Analysts have been continuously lowering Tesla’s earnings estimate for next year, anticipating $3.32 compared to $5.27 this year.</p><p>The 2025 P-E ratio rose to 53.5, up from 45 in March, surpassing previous 18-month highs. Other companies like General Motors and Toyota also have lower forward price-earnings ratios.</p><h2 id=\"id_1284402941\">An Analyst Says TSLA Will Plummet 70%</h2><p>According to ‘Big Short’ analyst Danny Moses, he predicts that Tesla will soon see a sharp decline in stock price. He expects a 70% drop for TSLA, which will be around down to $50 from its current $171 price. </p><p>Moses also shares concerns about the stock’s core business and skepticism, as the company seems to be diverting its attention to other matters, like AI and robotaxis. He notes that investors have been growing impatient with Tesla and its future in the automotive industry. </p><p>Moses links the expected downturn to Tesla’s focus on robotaxi and AI ventures, arguing they conceal underlying operational challenges. He critiques CEO Elon Musk’s emphasis on these endeavors amid core business struggles.</p><p>Despite a temporary stock uptick post-Musk’s Q1 earnings call, Moses maintains skepticism, seeing these announcements as distractions from Tesla’s core issues.</p><p>Under scrutiny from the Department of Justice for allegedly misrepresenting its self-driving technology, Tesla remained the focus of Moses’s short position. He commended Wayve, an autonomous driving company that secured substantial funding from investors, including Nvidia and Bill Gates.</p><h2 id=\"id_3540484695\">TSLA is a No-Go</h2><p>Tesla faced scrutiny due to limited adoption of its Full Self-Driving tech, with only 2% of trial users opting for the subscription, raising concerns.</p><p>Amid workforce changes, laid-off Supercharger team members were reportedly rehired. However, Tesla progressed with a new megafactory in China, and cybertrucks gained traction in the used car market.</p><p>However, other factors still influence investor interest. The Biden administration investigates Tesla for Autopilot system defects, potential securities fraud, and internal controversies akin to Nikola’s CEO’s conviction. Musk’s potential legal jeopardy looms large.</p><p>Considering all these factors, it might be best to avoid TSLA stock right now.</p></body></html>","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Warning: Why Now Is Not the Time to Go All-In on TSLA</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock Warning: Why Now Is Not the Time to Go All-In on TSLA\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-23 13:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/05/tesla-stock-warning-why-now-is-not-the-time-to-go-all-in-on-tsla/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla stock has been among the most disappointing performers in the markets this year.The company’s slump is being driven by what appear to be structural headwinds for the automaker.A number of bears ...</p>\n\n<a href=\"https://investorplace.com/2024/05/tesla-stock-warning-why-now-is-not-the-time-to-go-all-in-on-tsla/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","TSLA":"特斯拉","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU0823411888.USD":"法巴消费创新基金 Cap","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4592":"伊斯兰概念","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4511":"特斯拉概念","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU2063271972.USD":"富兰克林创新领域基金","BK4527":"明星科技股","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU0823414478.USD":"法巴经典能源转换基金","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4588":"碎股","BK4550":"红杉资本持仓","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4574":"无人驾驶","LU1861215975.USD":"贝莱德新一代科技基金 A2","BK4551":"寇图资本持仓","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4581":"高盛持仓","BK4099":"汽车制造商","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4548":"巴美列捷福持仓"},"source_url":"https://investorplace.com/2024/05/tesla-stock-warning-why-now-is-not-the-time-to-go-all-in-on-tsla/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2437257705","content_text":"Tesla stock has been among the most disappointing performers in the markets this year.The company’s slump is being driven by what appear to be structural headwinds for the automaker.A number of bears are starting to emerge on the EV giant, and caution is likely warranted for long-term investors.Source: Zigres / Shutterstock.comOnce the king of the EV sector, Tesla’s outlook has clearly shifted. The company has long defied critics, but it’s clear that the company is at a key crossroads. Now down nearly 30% year-to-date (a marked improvement off its lows), some bulls may be looking for signs that now’s the time to add to their positions in TSLA stock.The market is correctly accounting for numerous challenges at the moment.Consumer demand is waning, competition is heating up dramatically in this sector, and this comes as government subsidies are expected to fade.Despite cost-cutting efforts, Tesla continues to confront significant market pressures. Stagflation could compound risks, with TSLA stock looking overvalued to me at 44-times forward earnings. (The typical multiples for car companies are much, much lower).The question is whether Tesla really is an AI, software, or tech stock, as its brass and bulls in the investing world seem to suggest. I’m not so sure that’s the case, and see significant downside from current levels. Here’s why.TSLA Stock Is ExpensiveAfter a steep decline, investors and analysts often advocate buying stocks for their reduced prices. Despite a post-earnings recovery and hopes for Full Self-Driving, Tesla’s stock plummeted 28.8% by May 17, making it one of the S&P 500’s worst performers.Trading more than 50% below its late 2021 peak, Tesla’s decline didn’t align with earnings estimates, partly due to weaker-than-expected deliveries.Elon Musk’s optimistic remarks on Tesla’s future during the April 23 earnings call and news of potential FSD approval in China provided brief encouragement. However, despite these developments, Wall Street continuously revised earnings estimates. The market expects a 2024 EPS of $2.44, which shows a decrease from the past estimates of $3.79 and $7.07 in 2023 and 2022, respectively. This shows a higher forward price-earnings ratio of 72.8 as of May 5.Analysts have been continuously lowering Tesla’s earnings estimate for next year, anticipating $3.32 compared to $5.27 this year.The 2025 P-E ratio rose to 53.5, up from 45 in March, surpassing previous 18-month highs. Other companies like General Motors and Toyota also have lower forward price-earnings ratios.An Analyst Says TSLA Will Plummet 70%According to ‘Big Short’ analyst Danny Moses, he predicts that Tesla will soon see a sharp decline in stock price. He expects a 70% drop for TSLA, which will be around down to $50 from its current $171 price. Moses also shares concerns about the stock’s core business and skepticism, as the company seems to be diverting its attention to other matters, like AI and robotaxis. He notes that investors have been growing impatient with Tesla and its future in the automotive industry. Moses links the expected downturn to Tesla’s focus on robotaxi and AI ventures, arguing they conceal underlying operational challenges. He critiques CEO Elon Musk’s emphasis on these endeavors amid core business struggles.Despite a temporary stock uptick post-Musk’s Q1 earnings call, Moses maintains skepticism, seeing these announcements as distractions from Tesla’s core issues.Under scrutiny from the Department of Justice for allegedly misrepresenting its self-driving technology, Tesla remained the focus of Moses’s short position. He commended Wayve, an autonomous driving company that secured substantial funding from investors, including Nvidia and Bill Gates.TSLA is a No-GoTesla faced scrutiny due to limited adoption of its Full Self-Driving tech, with only 2% of trial users opting for the subscription, raising concerns.Amid workforce changes, laid-off Supercharger team members were reportedly rehired. However, Tesla progressed with a new megafactory in China, and cybertrucks gained traction in the used car market.However, other factors still influence investor interest. The Biden administration investigates Tesla for Autopilot system defects, potential securities fraud, and internal controversies akin to Nikola’s CEO’s conviction. Musk’s potential legal jeopardy looms large.Considering all these factors, it might be best to avoid TSLA stock right now.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":12,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.0","shortVersion":"4.24.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2437257705"}