Don't Chase the Rally: Tesla Just Became the Most Expensive Stock in the $1 Trillion Club by a Wide Margin

Tesla stock is almost twice as expensive as Nvidia stock right now.Tesla (TSLA 8.96%) surpassed a $1 trillion valuation for the first time in October 2021. Its electric vehicle (EV) business was generating explosive growth, and investors were highly optimistic about the company's future.But Tesla crashed out of the trillion-dollar club in 2022, when the S&P 500 (^GSPC 0.10%) entered a bear market. Its stock still hasn't reclaimed its all-time high, because the company's EV sales growth is now slowing on the ...