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Polestar Vs. Tesla: Can Smaller EV Company Disrupt Giant Facing Boycotts, Protests With 'Trade In' Offer?
Benzinga· 2025-03-03 22:44
Core Insights - Polestar Automotive Holding is implementing strategies to increase sales and brand awareness, particularly targeting Tesla customers with significant discounts and incentives [1][2][4]. Group 1: Sales Strategies and Promotions - Polestar is offering a $5,000 discount for Tesla owners who lease a Polestar 3, combined with an additional $15,000 in lease incentives, allowing Tesla customers to save up to $20,000 [2]. - The promotion, referred to as the Tesla Conquest Offer, has reportedly led to some of the highest order days for the Polestar 3, indicating strong momentum for the vehicle [3]. Group 2: Competitive Landscape - Tesla is facing increased competition from various electric vehicle companies, and the political actions of CEO Elon Musk are perceived to be negatively impacting Tesla's brand and sales [1][4]. - Reports indicate that Tesla's sales have declined in key markets such as Germany and California at the start of 2025, coinciding with the rise of competitive incentives from companies like Polestar [4]. Group 3: Market Reactions - Tesla's stock has decreased by 2.8% to $284.65, with a year-to-date decline of 25% in 2025, while Polestar's stock is down 1.8% to $1.07, reflecting a 27% year-to-date decline [6][7].
Call Traders Unfazed by Tesla Stock Struggles
Schaeffers Investment Research· 2025-03-03 19:37
Group 1 - Tesla Inc (NASDAQ:TSLA) is currently trading at $288.42, down 1.5%, influenced by overall market weakness despite being reinstated as a "top pick" by Morgan Stanley in the U.S. auto sector [1] - Since reaching a record high of $488.54 on December 18, Tesla's stock has decreased by 41%, although it remains 42% higher year-over-year and is currently testing its 1,000-day moving average [2] - Tesla has seen significant activity among options traders, ranking as the second-most active security with over 14 million calls and over 12 million puts exchanged in the past 10 days [3][4] Group 2 - The most popular option during this period was the weekly 2/28 290-call, followed closely by the February 350 put [3] - Tesla's options trading has historically outperformed traders' volatility expectations, reflected in a Schaeffer's Volatility Scorecard (SVS) rating of 82 out of 100 [4]
Tesla: The Only Magnificent Seven Stock In Freefall - Can It Reverse Course?
Benzinga· 2025-02-28 14:35
Tesla Inc TSLA is having a rough ride in 2025, and the numbers don't lie. Among the Magnificent Seven, Tesla is the worst-performing stock year to date, down a staggering 25.66%. No other MAG 7 stock comes close to that level of decline—Microsoft Corp MSFT, Amazon.com Inc AMZN and Apple Inc AAPL are all down single digits, while Nvidia Corp NVDA and Alphabet Inc GOOGL GOOG have also suffered, but nowhere near Tesla's slump.The Lone Laggard Among Magnificent Seven StocksThe electric vehicle giant is the only ...
3 Stocks With Triple-Digit PEs That Are Still Worth a Look
MarketBeat· 2025-02-26 16:38
Core Viewpoint - The article discusses the current market sentiment affecting stocks with high price-to-earnings (P/E) ratios, particularly focusing on Palantir Technologies, Tesla, and Broadcom, which are experiencing selling pressure due to their elevated valuations and market conditions [1][2][14]. Group 1: Palantir Technologies Inc (PLTR) - Palantir's stock has seen a nearly 30% pullback after reaching a record high in February, but it still holds gains from earlier in the month [3][4]. - The stock has a P/E ratio of 480, making it one of the most expensive on the market, with concerns about potential U.S. defense spending cuts impacting its government contracts [4]. - Despite the pullback, Palantir exceeded analyst expectations in its recent earnings report, and analysts remain bullish, with a price target of $141, indicating a potential upside of over 50% [5]. Group 2: Tesla Inc (TSLA) - Tesla's stock has a P/E ratio of 162, significantly higher than Ford's, and has fallen 30% since its peak in December, driven by a weak earnings report that raised valuation concerns [6][7][8]. - The stock is nearing oversold conditions with an RSI reading of 32, suggesting a potential technical bounce could occur soon [9]. - Investors focusing on Tesla's long-term growth story may find this pullback an attractive entry point [9]. Group 3: Broadcom Inc (AVGO) - Broadcom's stock has dropped nearly 20% since December, with a P/E ratio of 161, making it appear expensive compared to peers like NVIDIA and Qualcomm [10][11]. - The upcoming Q1 earnings report is seen as a potential catalyst that could reverse the stock's recent decline, with Morgan Stanley issuing an Overweight rating and a price target of $246, suggesting nearly 20% upside [12][13]. - If Broadcom delivers strong earnings, it could lead to a significant bounce as investors refocus on its long-term strength [13].