The Tesla Europe Sales Rout Keeps Going. Is It Time to Sell TSLA Stock?

Tesla’s stock has been on a rollercoaster due to a plethora of developments surrounding it. In September, the company launched its much-awaited robotaxi service beyond its early testers, marking a significant step in its transformation from an EV maker to a self-driving transport service provider.Tesla’s stock continues to trade at a significant valuation. Its price sits at 296.83 times its trailing earnings, which is considerably higher than the industry average of 19.67 times.Although Tesla's stock is dow ...