The ‘Largest Value-Creation Event in History’ Could Be Coming for Tesla Stock. Should You Buy Shares Now?

Valuation, however, is where things get tricky. Tesla now trades at eye-popping multiples. Its forward price-earnings (P/E) ratio sits above 370x. On a price-sales (P/S) basis, Tesla also looks pricey, at 15x. Toyota (TM) trades at a P/S ratio of just 0.86x, for comparison.TSLA stock has had quite a ride in 2025. After bottoming out in April, TSLA nearly doubled by late summer before easing off slightly. The rally was powered by delivery figures and growing investor enthusiasm around Tesla’s new product lin ...