Quick Read – Legacy automakers are capturing cash flow and valuation upside while Tesla trades at 373x trailing P/E on promises from Robotaxi and Optimus that contribute zero current earnings. – The analyst who called NVIDIA in 2010 just named his top 10 stocks and Ford wasn’t…
e of them. Get them here FREE
Tesla (NASDAQ: TSLA) is once again sucking up financial oxygen, with Reddit’s wallstreetbets crowd posting sentiment scores as high as 88 (Very Bullish) on robotaxi, Optimus, and China-deal chatter. Tesla closed at $404.11 on May 19, 2026, against a trailing P/E of 373 and a forward P/E of 208, with a PEG ratio of 5.9. The stock is down 10.14% year to date, and the underlying business no longer behaves like a hyper-growth story.
First-mover pricing power is steadily eroding under intense global competition and heavy discounting. Q1 26 vehicle deliveries grew just 6% YoY after Q4 25 deliveries dropped 16% YoY to 418,227 units. Full-year 2025 net income fell 46.79% to $3.79 billion.