CEO Elon Musk Says Tesla Could Be Worth More Than the World's 5 Largest Companies. Is the Stock a Buy?

Tesla (NASDAQ: TSLA) shares initially shrugged off a weak earnings report before the stock got caught in the trade-war sell-off. The electric vehicle (EV) maker had a tough year in 2024, although Chief Executive Officer Elon Musk continues to be very upbeat about the future. This includes the company's latest earnings call, when he said that Tesla stock could be worth more in the future than the world's next five largest companies combined.Let's take a closer look at Tesla's most recent results to see if the stock is worth buying.For Q4, Tesla's revenue edged up 2% year over year to $25.7 billion. Adjusted earnings per share (EPS), meanwhile, rose 3% to $0.73, while adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) climbed 25% to $4.9 billion. The profitability metrics were hurt by a 9% jump in operating expenses and a 138 basis point narrowing in gross margin from 17.6% to 16.3%. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool