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Tesla Stock Has Fallen 29% From Its Record. I Think the Stock Is Overvalued.

Source: fool.com

Corporate EarningsCompany Fundamentals
Tesla Stock Has Fallen 29% From Its Record. I Think the Stock Is Overvalued.

Tesla’s operating income has declined each year since peaking at $13.7 billion in 2022. After its latest share-price slide, the stock trades at around 380 times earnings, highlighting a high valuation alongside the earnings decline.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.30

Ticker Sentiment

TSLA-0.60

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