NasdaqGS:TSLAAuto
Tesla (TSLA) Stock Still Looks Fully Priced As Services Revenue Jumps 50%
Tesla stock is back under the microscope after a 5 year gain of about 32.3%, yet the current valuation checks still flag the shares as expensive rather than a clear bargain.
Over the past 5 years, Tesla has delivered a total return of roughly 32.3%, which is a solid longer term outcome even with the recent share price weakness.
Heavy spending on AI, robotics and new services can support long term growth expectations, but falling profitability and pressure on free cash flow may weigh on what...