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Globe and Mail
27-04-2025
- Automotive
- Globe and Mail
Can Tesla Stock Help Make You a Millionaire?
It's been a tough year for Tesla (NASDAQ: TSLA), shares of which are down by about 30% year to date and more than 40% below the peak they reached in December. Yet on paper, the stock still doesn't look like a screaming buy. It remains expensive on a price-to-sales basis, especially compared to other electric car stocks like Lucid Group and Rivian. Plus, analysts' expectations for its growth this year are uninspiring. But there's one factor that could catch the market by surprise this year, adding huge growth to its sales in 2026 and beyond. Could buying Tesla stock after its recent slump help your portfolio reach the $1 million mark? The answer is yes, but there's a catch. The vehicle that could create huge sales growth for Tesla A decade ago, Tesla's annual sales were under $5 billion. Today, they're above $95 billion. Some of that massive growth came from rising demand for its top-end models, the Model S and Model X. In 2015, the Model S had been on sale for several years, but deliveries of the Model X only began in September of that year. Most of the revenue growth for Tesla over the past decade, however, came from its two mass-market models: the Model Y and Model 3. Both of these vehicles debuted with sticker prices under $50,000 -- a level that puts them within reach of tens of millions of potential buyers. This year, analysts are, on average, projecting that Tesla's sales will grow by just 8.6%. This is in part due to its stagnant lineup of vehicles. The Model 3 and Model Y were introduced in 2016 and 2019, respectively. The Cybertruck, meanwhile, began production in 2023, but it can cost more than $100,000 depending on options. Tesla hasn't released a new affordable vehicle in nearly a half-decade. If Tesla debuts another affordable model, its sales growth could experience a strong resurgence -- and according to a recent report, this catalyst could arrive as soon as 2026, with a base price that might shock investors. RIVN PS Ratio data by YCharts. Will Tesla actually unveil a $25,000 EV? Elon Musk has always been clear about his growth strategy for Tesla. His "master plan" for the company was to first introduce luxury electric vehicles, then use the profits from those sales to develop and launch more affordable EVs. The company would then use the proceeds from these models to develop even more affordable vehicles. Way back in 2018, Musk told a reporter that "a $25,000 car, that's something we can do." According to recent revelations, that $25,000 Tesla could finally be just around the corner, but there's a catch: It won't be able to be piloted by a human driver. Instead, it will be the long-awaited Cybercab: a two-door, two-seat, fully autonomous vehicle. Tesla is planning to pilot its robotaxi service in Texas this summer, though it's not clear which models it will use to test the service and its self-driving technology. What we do know is that Musk is optimistic about the potential for its self-driving vehicles. "I predict there will be millions of Teslas operating autonomously -- fully autonomously -- in the second half of next year," he said during this week's investor conference call. On that call, Lars Moravy, Tesla's vice president of vehicle engineering, affirmed that the Cybercab was "still on schedule for production next year." The launch of a $25,000 autonomous vehicle would be a huge inflection point for Tesla's recently stagnating growth. And according to many estimates, a robotaxi service could add hundreds of billions of dollars to the company's valuation. The problem is that Tesla's already priced at a premium, trading at 9.4 times sales even after the correction. For Tesla to become a millionaire-maker stock for new investors today, those investors will need to be very patient. It will likely take years, if not a decade, for Tesla to ramp up production of Cybercabs and bring its robotaxi service to scale. In the meantime, the company's lofty current valuation will likely make near-term share price gains harder to come by. So yes, Tesla could still help your portfolio pass the $1 million mark. But more than ever, its shares should only be purchased by those who are willing and able to hold on for the long term. Don't miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $287,877!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $39,678!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $594,046!* Right now, we're issuing 'Double Down' alerts for three incredible companies, available when you join Stock Advisor, and there may not be another chance like this anytime soon. See the 3 stocks » *Stock Advisor returns as of April 21, 2025
Yahoo
27-04-2025
- Automotive
- Yahoo
Can Tesla Stock Help Make You a Millionaire?
It's been a tough year for Tesla (NASDAQ: TSLA), shares of which are down by about 30% year to date and more than 40% below the peak they reached in December. Yet on paper, the stock still doesn't look like a screaming buy. It remains expensive on a price-to-sales basis, especially compared to other electric car stocks like Lucid Group and Rivian. Plus, analysts' expectations for its growth this year are uninspiring. But there's one factor that could catch the market by surprise this year, adding huge growth to its sales in 2026 and beyond. Could buying Tesla stock after its recent slump help your portfolio reach the $1 million mark? The answer is yes, but there's a catch. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » A decade ago, Tesla's annual sales were under $5 billion. Today, they're above $95 billion. Some of that massive growth came from rising demand for its top-end models, the Model S and Model X. In 2015, the Model S had been on sale for several years, but deliveries of the Model X only began in September of that year. Most of the revenue growth for Tesla over the past decade, however, came from its two mass-market models: the Model Y and Model 3. Both of these vehicles debuted with sticker prices under $50,000 -- a level that puts them within reach of tens of millions of potential buyers. This year, analysts are, on average, projecting that Tesla's sales will grow by just 8.6%. This is in part due to its stagnant lineup of vehicles. The Model 3 and Model Y were introduced in 2016 and 2019, respectively. The Cybertruck, meanwhile, began production in 2023, but it can cost more than $100,000 depending on options. Tesla hasn't released a new affordable vehicle in nearly a half-decade. If Tesla debuts another affordable model, its sales growth could experience a strong resurgence -- and according to a recent report, this catalyst could arrive as soon as 2026, with a base price that might shock investors. Elon Musk has always been clear about his growth strategy for Tesla. His "master plan" for the company was to first introduce luxury electric vehicles, then use the profits from those sales to develop and launch more affordable EVs. The company would then use the proceeds from these models to develop even more affordable vehicles. Way back in 2018, Musk told a reporter that "a $25,000 car, that's something we can do." According to recent revelations, that $25,000 Tesla could finally be just around the corner, but there's a catch: It won't be able to be piloted by a human driver. Instead, it will be the long-awaited Cybercab: a two-door, two-seat, fully autonomous vehicle. Tesla is planning to pilot its robotaxi service in Texas this summer, though it's not clear which models it will use to test the service and its self-driving technology. What we do know is that Musk is optimistic about the potential for its self-driving vehicles. "I predict there will be millions of Teslas operating autonomously -- fully autonomously -- in the second half of next year," he said during this week's investor conference call. On that call, Lars Moravy, Tesla's vice president of vehicle engineering, affirmed that the Cybercab was "still on schedule for production next year." The launch of a $25,000 autonomous vehicle would be a huge inflection point for Tesla's recently stagnating growth. And according to many estimates, a robotaxi service could add hundreds of billions of dollars to the company's valuation. The problem is that Tesla's already priced at a premium, trading at 9.4 times sales even after the correction. For Tesla to become a millionaire-maker stock for new investors today, those investors will need to be very patient. It will likely take years, if not a decade, for Tesla to ramp up production of Cybercabs and bring its robotaxi service to scale. In the meantime, the company's lofty current valuation will likely make near-term share price gains harder to come by. So yes, Tesla could still help your portfolio pass the $1 million mark. But more than ever, its shares should only be purchased by those who are willing and able to hold on for the long term. Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $287,877!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $39,678!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $594,046!* Right now, we're issuing 'Double Down' alerts for three incredible companies, available when you join , and there may not be another chance like this anytime soon.*Stock Advisor returns as of April 21, 2025 Ryan Vanzo has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Can Tesla Stock Help Make You a Millionaire? was originally published by The Motley Fool Sign in to access your portfolio
NDTV
24-04-2025
- Business
- NDTV
Tariff Turmoil: Impact On Tesla And Other Companies
New York: Uncertainty over tariffs and an unpredictable trade war is weighing heavily on companies as they report their latest financial results and try to give investors financial forecasts. Some tariffs remain in place against key US trading partners, but others have been postponed to give nations time to negotiate. The tariff and trade picture has been shifting for months, sometimes changing drastically on a daily basis. Those shifts make it difficult for companies and investors to make a reliable assessment of any impact to costs and sales. On Tuesday, Treasury Secretary Scott Bessent said he expects a "de-escalation" in the trade war between the US and China, but cautioned that talks between the two sides had yet to formally start. Here's how several big companies are dealing with the tariff confusion: Chipotle Chipotle Mexican Grill said Wednesday that its costs are rising due to the tariffs. The Tex-Mex chain said it gets some beef from Australia and packaging from Vietnam, Indonesia and Thailand. It also sources avocados from Colombia and Peru. All are now subject to a 10% tariff. The tariffs may also impact the cost of building new restaurants, since items like shelving and parts for equipment come from China, Chipotle Chief Financial Officer Adam Rymer said during a conference call with investors. But Rymer said the impact of the tariffs on imports from China is harder to predict. This week, Trump administration officials have said they expect a "de-escalation" in the trade war between the US and China. Chipotle reported weaker-than-expected revenue in the January-March period and lowered its outlook for full-year same-store sales. CEO Scott Boatwright said concern about the economy was the "overwhelming reason" consumers reduced their visits to Chipotle during the quarter. That trend has continued through April, he said. Tesla Tesla is in a better position than most car companies to deal with tariffs because it makes most of its US cars domestically. But it still sources materials from other nations and will face import taxes. The bigger impact will be seen in the company's energy business. The company said the impact will be "outsized" because it sources LFP battery cells from China. The broader trade war could also hurt the company as China, the world's largest electric vehicle market, retaliates against the U.S. Tesla was forced earlier this month to stop taking orders from mainland customers for two models, its Model S and Model X. It makes the Model Y and Model 3 for the Chinese market at its factory in Shanghai. CEO Elon Musk, an adviser to President Donald Trump, on Tuesday reiterated that he believes "lower tariffs are generally a good idea for prosperity." But he added that ultimately the president decides on what tariffs to impose. Akzo Nobel The Amsterdam-based maker of paints and coatings for industrial and commercial use said the big risk from tariffs could come in the form of lower demand for its products. The company said almost all sales of finished goods in the US were locally produced, with the majority of raw materials locally sourced. "Over the years, we deliberately localized both our procurement and production in the US," said CEO Gregoire Poux-Guillaume, in a conference call with analysts. "We also largely run China for China and use the rest of Asia instead as an export base." The company's products range from paints and coatings for the automotive industry to the do-it-yourself homeowner. Broader tariffs could squeeze consumers and businesses and hurt sales. Boston Scientific The medical device maker said it expects most of the effecs of tariffs to hit the company during the second half of the year, but that it can absorb the impact. The company raised its earnings and revenue forecasts for the year, despite the tariffs. It estimates a $200 million impact from tariffs in 2025, but said it can offset that through higher sales and reductions in discretionary spending. The company said it has a long-standing supply chain around the globe and has made significant investments in the US Boeing Boeing said much of its supply chain is in the US and many of its imports from Canada and Mexico are exempt from tariffs under an existing trade agreement. The company does have suppliers in Japan and Italy, but it expects to recover those tariff costs. The net annual cost of higher tariffs on the supply chain is less than $500 million. A bigger concern is the potential for retaliatory tariffs, which could impact its ability to deliver aircraft. China, a key target for U.S. tariffs, has retaliated in part by no longer accepting deliveries of Boeing aircraft. AT &T AT&T, like its peers in the telecommunications sector, faces higher costs for cellphones and other equipment. The company said it believes it can manage anticipated higher costs, based on the current pause in some tariffs and its supply chain. "The magnitude of any increase will depend on a variety of factors, including how much of the tariffs the vendors pass on, the impact that the tariffs have on consumer and business demand," said CEO John Stankey, on a conference call with analysts.
Economic Times
23-04-2025
- Business
- Economic Times
Tariff turmoil: How Tesla and other companies are dealing with the uncertainty of the trade war
Uncertainty over tariffs and an unpredictable trade war is weighing heavily on companies as they report their latest financial results and try to give investors financial forecasts. Some tariffs remain in place against key US trading partners, but others have been postponed to give nations time to negotiate. The tariff and trade picture has been shifting for months, sometimes changing drastically on a daily basis. Those shifts make it difficult for companies and investors to make a reliable assessment of any impact to costs and sales. On Tuesday, Treasury Secretary Scott Bessent said he expects a "de-escalation" in the trade war between the US and China, but cautioned that talks between the two sides had yet to formally start. Here's how several big companies are dealing with the tariff confusion: Tesla Tesla is in a better position than most car companies to deal with tariffs because it makes most of its US cars domestically. But it still sources materials from other nations and will face import taxes. The bigger impact will be seen in the company's energy business. The company said the impact will be "outsized" because it sources LFP battery cells from China. The broader trade war could also hurt the company as China, the world's largest electric vehicle market, retaliates against the US Tesla was forced earlier this month to stop taking orders from mainland customers for two models, its Model S and Model X. It makes the Model Y and Model 3 for the Chinese market at its factory in Shanghai. CEO Elon Musk, an adviser to President Donald Trump, on Tuesday reiterated that he believes "lower tariffs are generally a good idea for prosperity." But he added that ultimately the president decides on what tariffs to impose. Akzo Nobel The Amsterdam-based maker of paints and coatings for industrial and commercial use said the big risk from tariffs could come in the form of lower demand for its products. The company said almost all sales of finished goods in the U.S. were locally produced, with the majority of raw materials locally sourced. "Over the years, we deliberately localized both our procurement and production in the US," said CEO Gregoire Poux-Guillaume, in a conference call with analysts. "We also largely run China for China and use the rest of Asia instead as an export base." The company's products range from paints and coatings for the automotive industry to the do-it-yourself homeowner. Broader tariffs could squeeze consumers and businesses and hurt sales. Boston Scientific The medical device maker said it expects most of the effecs of tariffs to hit the company during the second half of the year, but that it can absorb the impact. The company raised its earnings and revenue forecasts for the year, despite the tariffs. It estimates a $200 million impact from tariffs in 2025, but said it can offset that through higher sales and reductions in discretionary spending. The company said it has a long-standing supply chain around the globe and has made significant investments in the US Boeing Boeing said much of its supply chain is in the U.S. and many of its imports from Canada and Mexico are exempt from tariffs under an existing trade agreement. The company does have suppliers in Japan and Italy, but it expects to recover those tariff costs. The net annual cost of higher tariffs on the supply chain is less than $500 million. A bigger concern is the potential for retaliatory tariffs, which could impact its ability to deliver aircraft. China, a key target for US tariffs, has retaliated in part by no longer accepting deliveries of Boeing aircraft. AT&T AT&T, like its peers in the telecommunications sector, faces higher costs for cellphones and other equipment. The company said it believes it can manage anticipated higher costs, based on the current pause in some tariffs and its supply chain. "The magnitude of any increase will depend on a variety of factors, including how much of the tariffs the vendors pass on, the impact that the tariffs have on consumer and business demand," said CEO John Stankey, on a conference call with analysts.
New Indian Express
23-04-2025
- Business
- New Indian Express
Tariff turmoil: How Tesla and other companies are dealing with the uncertainty of the trade war
NEW YORK: Uncertainty over tariffs and an unpredictable trade war is weighing heavily on companies as they report their latest financial results and try to give investors financial forecasts. Some tariffs remain in place against key U.S. trading partners, but others have been postponed to give nations time to negotiate. The tariff and trade picture has been shifting for months, sometimes changing drastically on a daily basis. Those shifts make it difficult for companies and investors to make a reliable assessment of any impact to costs and sales. On Tuesday, Treasury Secretary Scott Bessent said he expects a "de-escalation" in the trade war between the U.S. and China, but cautioned that talks between the two sides had yet to formally start. Here's how several big companies are dealing with the tariff confusion: Tesla Tesla is in a better position than most car companies to deal with tariffs because it makes most of its US cars domestically. But it still sources materials from other nations and will face import taxes. The bigger impact will be seen in the company's energy business. The company said the impact will be "outsized" because it sources LFP battery cells from China. The broader trade war could also hurt the company as China, the world's largest electric vehicle market, retaliates against the U.S. Tesla was forced earlier this month to stop taking orders from mainland customers for two models, its Model S and Model X. It makes the Model Y and Model 3 for the Chinese market at its factory in Shanghai. CEO Elon Musk, an adviser to President Donald Trump, on Tuesday reiterated that he believes "lower tariffs are generally a good idea for prosperity." But he added that ultimately the president decides on what tariffs to impose. Akzo Nobel The Amsterdam-based maker of paints and coatings for industrial and commercial use said the big risk from tariffs could come in the form of lower demand for its products. The company said almost all sales of finished goods in the U.S. were locally produced, with the majority of raw materials locally sourced. "Over the years, we deliberately localized both our procurement and production in the US," said CEO Gregoire Poux-Guillaume, in a conference call with analysts. "We also largely run China for China and use the rest of Asia instead as an export base." The company's products range from paints and coatings for the automotive industry to the do-it-yourself homeowner. Broader tariffs could squeeze consumers and businesses and hurt sales. Boston Scientific The medical device maker said it expects most of the effecs of tariffs to hit the company during the second half of the year, but that it can absorb the impact. The company raised its earnings and revenue forecasts for the year, despite the tariffs. It estimates a $200 million impact from tariffs in 2025, but said it can offset that through higher sales and reductions in discretionary spending. The company said it has a long-standing supply chain around the globe and has made significant investments in the U.S. Boeing Boeing said much of its supply chain is in the U.S. and many of its imports from Canada and Mexico are exempt from tariffs under an existing trade agreement. The company does have suppliers in Japan and Italy, but it expects to recover those tariff costs. The net annual cost of higher tariffs on the supply chain is less than $500 million. A bigger concern is the potential for retaliatory tariffs, which could impact its ability to deliver aircraft. China, a key target for U.S. tariffs, has retaliated in part by no longer accepting deliveries of Boeing aircraft. AT&T AT&T, like its peers in the telecommunications sector, faces higher costs for cellphones and other equipment. The company said it believes it can manage anticipated higher costs, based on the current pause in some tariffs and its supply chain. "The magnitude of any increase will depend on a variety of factors, including how much of the tariffs the vendors pass on, the impact that the tariffs have on consumer and business demand," said CEO John Stankey, on a conference call with analysts. (By DAMIAN J. TROISE, AP Business Writer)
