Why Tesla Stock Fell 8% on Friday

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Why Tesla Stock Fell 8% on Friday

Motley Fool10-11

Tesla unveiled three new products last night: a Cybercab, a Robovan, and a Tesla Bot. The earliest product to come to market is probably the Cybercab, arriving no sooner than 2026 and no ...

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JS0383
·10-11
Democrats supporters are beating down the Tesla price!
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href=https://www.fool.com/investing/2024/10/11/why-tesla-stock-fell-8-on-friday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla unveiled three new products last night: a Cybercab, a Robovan, and a Tesla Bot.\n\n\n\n\n\n\n\nThe earliest product to come to market is probably the Cybercab, arriving no sooner than 2026 and no ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/10/11/why-tesla-stock-fell-8-on-friday/\">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":"LU0348723411.USD","symbol_name":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) 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passengers...Image source: Tesla.and a 2-door Cybercab (that on the company's website is still confusingly called \"Robotaxi\").Image source: Tesla.Musk's magical number: $30,000In an event high on glitz but low on detail, Tesla CEO Elon Musk posited a $30,000 sticker price for his new fully autonomous Cybercab and a $20,000 to $30,000 price for the Tesla Bot. No price was suggested for the larger Robovan, which was also described as autonomous. As for when the products will be available for people to actually buy, Musk said only that he hopes to have the Cybercab out by 2026.Here's the problem: The Tesla Bots shown at the presentation, while no longer robot suits filled by humans (as they were the last time we saw them), still looked like they were remote-operated by humans last night. They didn't appear autonomous.And as for the $30,000 sticker price on the Cybercab, well, it's been more than five years since Musk promised us an electric car that cost even less than that -- $25,000 -- and we still haven't seen that. Meanwhile, over in China, Tesla rival BYD now sells more electric cars than Tesla. And BYD's new Seagull EV costs less than $10,000.Even with a 100% tariff, that makes BYD's cars cheaper than the cheapest Tesla on offer.Is Tesla stock a buy?I have to admit, this all sounds rather discouraging for a Tesla fan. While Musk's promises sound good, they also sound like they're some time off in the future. Meanwhile, Tesla stock is selling for 67 times earnings and 448 times its much depleted free cash flow. Oh, and analysts polled by S&P Global Market Intelligence forecast profits will only grow 15% per year through the next five years.I fear that makes Tesla stock too expensive to buy.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"productRelease","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":359021740433592,"gmtCreate":1728659795339,"gmtModify":1728660412220,"author":{"id":"4104084987009730","authorId":"4104084987009730","name":"JS0383","avatar":"https://community-static.tradeup.com/news/8940f6ec623f2a75d08dee95198b3696","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4104084987009730","authorIdStr":"4104084987009730"},"htmlText":"Democrats supporters are beating down the Tesla price!","listText":"Democrats supporters are beating down the Tesla price!","text":"Democrats supporters are beating down the Tesla price!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359021740433592","repostId":2474137210,"repostType":2,"repost":{"id":"2474137210","kind":"highlight","pubTimestamp":1728659100,"share":"https://ttm.financial/m/news/2474137210?lang=&edition=fundamental","pubTime":"2024-10-11 23:05","market":"fut","language":"en","title":"Why Tesla Stock Fell 8% on Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=2474137210","media":"Motley Fool","summary":"Tesla has some great ideas but earns too little profit to be a buy.","content":"<html><body><ul>\n<li>\n<div>\n<svg fill=\"none\" height=\"15\" viewbox=\"0 0 14 15\" width=\"14\" xmlns=\"http://www.w3.org/2000/svg\">\n<path d=\"M14 5.58984C14 2.91016 11.8398 0.75 9.16016 0.75C6.50781 0.777344 4.375 2.91016 4.375 5.5625C4.375 6.10938 4.45703 6.60156 4.59375 7.09375L0.191406 11.4961C0.0546875 11.6328 0 11.7969 0 11.9609V14.0938C0 14.4766 0.273438 14.75 0.65625 14.75H3.71875C4.07422 14.75 4.375 14.4766 4.375 14.0938V13H5.46875C5.82422 13 6.125 12.7266 6.125 12.3438V11.25H7.13672C7.30078 11.25 7.51953 11.168 7.62891 11.0312L8.28516 10.293C8.55859 10.3477 8.85938 10.375 9.1875 10.375C11.8398 10.375 14 8.24219 14 5.58984ZM9.1875 4.25C9.1875 3.53906 9.76172 2.9375 10.5 2.9375C11.2109 2.9375 11.8125 3.53906 11.8125 4.25C11.8125 4.98828 11.2109 5.5625 10.5 5.5625C9.76172 5.5625 9.1875 4.98828 9.1875 4.25Z\" fill=\"#FFB81C\"></path>\n</svg>\n</div>\n<div>Tesla unveiled three new products last night: a Cybercab, a Robovan, and a Tesla Bot.</div>\n</li>\n<li>\n<div>\n<svg fill=\"none\" height=\"15\" viewbox=\"0 0 14 15\" width=\"14\" xmlns=\"http://www.w3.org/2000/svg\">\n<path d=\"M14 5.58984C14 2.91016 11.8398 0.75 9.16016 0.75C6.50781 0.777344 4.375 2.91016 4.375 5.5625C4.375 6.10938 4.45703 6.60156 4.59375 7.09375L0.191406 11.4961C0.0546875 11.6328 0 11.7969 0 11.9609V14.0938C0 14.4766 0.273438 14.75 0.65625 14.75H3.71875C4.07422 14.75 4.375 14.4766 4.375 14.0938V13H5.46875C5.82422 13 6.125 12.7266 6.125 12.3438V11.25H7.13672C7.30078 11.25 7.51953 11.168 7.62891 11.0312L8.28516 10.293C8.55859 10.3477 8.85938 10.375 9.1875 10.375C11.8398 10.375 14 8.24219 14 5.58984ZM9.1875 4.25C9.1875 3.53906 9.76172 2.9375 10.5 2.9375C11.2109 2.9375 11.8125 3.53906 11.8125 4.25C11.8125 4.98828 11.2109 5.5625 10.5 5.5625C9.76172 5.5625 9.1875 4.98828 9.1875 4.25Z\" fill=\"#FFB81C\"></path>\n</svg>\n</div>\n<div>The earliest product to come to market is probably the Cybercab, arriving no sooner than 2026 and no cheaper than $30,000.</div>\n</li>\n<li>\n<div>\n<svg fill=\"none\" height=\"15\" viewbox=\"0 0 14 15\" width=\"14\" xmlns=\"http://www.w3.org/2000/svg\">\n<path d=\"M14 5.58984C14 2.91016 11.8398 0.75 9.16016 0.75C6.50781 0.777344 4.375 2.91016 4.375 5.5625C4.375 6.10938 4.45703 6.60156 4.59375 7.09375L0.191406 11.4961C0.0546875 11.6328 0 11.7969 0 11.9609V14.0938C0 14.4766 0.273438 14.75 0.65625 14.75H3.71875C4.07422 14.75 4.375 14.4766 4.375 14.0938V13H5.46875C5.82422 13 6.125 12.7266 6.125 12.3438V11.25H7.13672C7.30078 11.25 7.51953 11.168 7.62891 11.0312L8.28516 10.293C8.55859 10.3477 8.85938 10.375 9.1875 10.375C11.8398 10.375 14 8.24219 14 5.58984ZM9.1875 4.25C9.1875 3.53906 9.76172 2.9375 10.5 2.9375C11.2109 2.9375 11.8125 3.53906 11.8125 4.25C11.8125 4.98828 11.2109 5.5625 10.5 5.5625C9.76172 5.5625 9.1875 4.98828 9.1875 4.25Z\" fill=\"#FFB81C\"></path>\n</svg>\n</div>\n<div>In the meantime, Tesla stock is a 15% grower with a 67 P/E ratio.</div>\n</li>\n</ul><div><p><strong>Tesla </strong><span>(TSLA<span> -7.45%</span>)</span> tumbled in early trading Friday, down 8.2% through 10:05 a.m. ET as investors gave two thumbs down to the company's \"We, Robot\" presentation in Hollywood last night.</p><p>In no particular order, Tesla unveiled a bartending Tesla Bot...</p><div><img loading=\"lazy\" src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F793809%2Ftesla-bot-promo.png&amp;op=resize&amp;w=700\" srcset=\"https://g.foolcdn.com/image/?url=https%3A//g.foolcdn.com/editorial/images/793809/tesla-bot-promo.png&amp;w=300&amp;op=resize 300w, https://g.foolcdn.com/image/?url=https%3A//g.foolcdn.com/editorial/images/793809/tesla-bot-promo.png&amp;w=1000&amp;op=resize 1000w, https://g.foolcdn.com/image/?url=https%3A//g.foolcdn.com/editorial/images/793809/tesla-bot-promo.png&amp;w=2000&amp;op=resize 2000w\"/><p>Image source: Tesla.</p></div><p>an autonomous Robovan that can carry 20 passengers...</p><div><img loading=\"lazy\" src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F793809%2Ftesla-robovan.png&amp;op=resize&amp;w=700\" srcset=\"https://g.foolcdn.com/image/?url=https%3A//g.foolcdn.com/editorial/images/793809/tesla-robovan.png&amp;w=300&amp;op=resize 300w, https://g.foolcdn.com/image/?url=https%3A//g.foolcdn.com/editorial/images/793809/tesla-robovan.png&amp;w=1000&amp;op=resize 1000w, https://g.foolcdn.com/image/?url=https%3A//g.foolcdn.com/editorial/images/793809/tesla-robovan.png&amp;w=2000&amp;op=resize 2000w\"/><p>Image source: Tesla.</p></div><p>and a 2-door Cybercab (that on the company's website is still confusingly called \"Robotaxi\").</p><div><img loading=\"lazy\" src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F793809%2Ftesla-cybercab-promo.png&amp;op=resize&amp;w=700\" srcset=\"https://g.foolcdn.com/image/?url=https%3A//g.foolcdn.com/editorial/images/793809/tesla-cybercab-promo.png&amp;w=300&amp;op=resize 300w, https://g.foolcdn.com/image/?url=https%3A//g.foolcdn.com/editorial/images/793809/tesla-cybercab-promo.png&amp;w=1000&amp;op=resize 1000w, https://g.foolcdn.com/image/?url=https%3A//g.foolcdn.com/editorial/images/793809/tesla-cybercab-promo.png&amp;w=2000&amp;op=resize 2000w\"/><p>Image source: Tesla.</p></div><h2>Musk's magical number: $30,000</h2><p>In an event high on glitz but low on detail, Tesla CEO Elon Musk posited a $30,000 sticker price for his new fully autonomous Cybercab and a $20,000 to $30,000 price for the Tesla Bot. No price was suggested for the larger Robovan, which was also described as autonomous. As for when the products will be available for people to actually buy, Musk said only that he hopes to have the Cybercab out by 2026.</p><div><div><div></div></div></div><div><app :collapse_on_load=\"false\" :instrument_id=\"224257\" :show_benchmark_compare=\"false\" amount_change=\"-17.79\" average_volume=\"87,550,873\" company_name=\"Tesla\" current_price=\"220.98\" daily_high=\"223.34\" daily_low=\"214.38\" default_period=\"YTD\" dividend_yield=\"N/A\" exchange=\"NASDAQ\" fifty_two_week_high=\"271.00\" fifty_two_week_low=\"138.80\" gross_margin=\"17.72\" logo=\"https://g.foolcdn.com/art/companylogos/mark/TSLA.png\" market_cap=\"$763B\" pe_ratio=\"67.06\" percent_change=\"-7.45\" symbol=\"TSLA\" volume=\"75,414,791\"></app></div><p>Here's the problem: The Tesla Bots shown at the presentation, while no longer robot suits filled by humans (as they were the last time we saw them), still looked like they were remote-operated by humans last night. They didn't appear autonomous.</p><p>And as for the $30,000 sticker price on the Cybercab, well, it's been more than five years since Musk promised us an electric car that cost even less than that -- $25,000 -- and we still haven't seen that. Meanwhile, over in China, Tesla rival BYD now sells more electric cars than Tesla. And BYD's new Seagull EV costs less than $10,000.</p><p>Even with a 100% tariff, that makes BYD's cars cheaper than the cheapest Tesla on offer.</p><h2>Is Tesla stock a buy?</h2><p>I have to admit, this all sounds rather discouraging for a Tesla fan. While Musk's promises sound good, they also sound like they're some time off in the future. Meanwhile, Tesla stock is selling for 67 times earnings and 448 times its much depleted free cash flow. Oh, and analysts polled by S&amp;P Global Market Intelligence forecast profits will only grow 15% per year through the next five years.</p><div><div><div></div></div></div><p>I fear that makes Tesla stock too expensive to buy.</p><div></div></div></body></html>","source":"fool_stock","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>Why Tesla Stock Fell 8% on Friday</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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\">\nWhy Tesla Stock Fell 8% on Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-11 23:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/10/11/why-tesla-stock-fell-8-on-friday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla unveiled three new products last night: a Cybercab, a Robovan, and a Tesla Bot.\n\n\n\n\n\n\n\nThe earliest product to come to market is probably the Cybercab, arriving no sooner than 2026 and no ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/10/11/why-tesla-stock-fell-8-on-friday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F793809%2Ftesla-cybercab-promo.png&op=resize&w=165&h=104","relate_stocks":{"LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","BK4592":"伊斯兰概念","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0823411888.USD":"法巴消费创新基金 Cap","BK4534":"瑞士信贷持仓","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","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","TSLA":"特斯拉","BK4550":"红杉资本持仓","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","BK4588":"碎股","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","BK4551":"寇图资本持仓","BK4574":"无人驾驶","SG9999015978.USD":"利安颠覆性创新基金A","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4581":"高盛持仓","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1548497426.USD":"安联环球人工智能AT Acc","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A"},"source_url":"https://www.fool.com/investing/2024/10/11/why-tesla-stock-fell-8-on-friday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2474137210","content_text":"Tesla unveiled three new products last night: a Cybercab, a Robovan, and a Tesla Bot.\n\n\n\n\n\n\n\nThe earliest product to come to market is probably the Cybercab, arriving no sooner than 2026 and no cheaper than $30,000.\n\n\n\n\n\n\n\nIn the meantime, Tesla stock is a 15% grower with a 67 P/E ratio.\n\nTesla (TSLA -7.45%) tumbled in early trading Friday, down 8.2% through 10:05 a.m. ET as investors gave two thumbs down to the company's \"We, Robot\" presentation in Hollywood last night.In no particular order, Tesla unveiled a bartending Tesla Bot...Image source: Tesla.an autonomous Robovan that can carry 20 passengers...Image source: Tesla.and a 2-door Cybercab (that on the company's website is still confusingly called \"Robotaxi\").Image source: Tesla.Musk's magical number: $30,000In an event high on glitz but low on detail, Tesla CEO Elon Musk posited a $30,000 sticker price for his new fully autonomous Cybercab and a $20,000 to $30,000 price for the Tesla Bot. No price was suggested for the larger Robovan, which was also described as autonomous. As for when the products will be available for people to actually buy, Musk said only that he hopes to have the Cybercab out by 2026.Here's the problem: The Tesla Bots shown at the presentation, while no longer robot suits filled by humans (as they were the last time we saw them), still looked like they were remote-operated by humans last night. They didn't appear autonomous.And as for the $30,000 sticker price on the Cybercab, well, it's been more than five years since Musk promised us an electric car that cost even less than that -- $25,000 -- and we still haven't seen that. Meanwhile, over in China, Tesla rival BYD now sells more electric cars than Tesla. And BYD's new Seagull EV costs less than $10,000.Even with a 100% tariff, that makes BYD's cars cheaper than the cheapest Tesla on offer.Is Tesla stock a buy?I have to admit, this all sounds rather discouraging for a Tesla fan. While Musk's promises sound good, they also sound like they're some time off in the future. Meanwhile, Tesla stock is selling for 67 times earnings and 448 times its much depleted free cash flow. Oh, and analysts polled by S&P Global Market Intelligence forecast profits will only grow 15% per year through the next five years.I fear that makes Tesla stock too expensive to buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}