Key Points Tesla trades at a highly growth-dependent valuation and faces challenges in its core EV market. CEO Elon Musk's track record is far from perfect, but he still has some incredible wins under his belt that suggest visionary qualities. Tesla stock does deserve a "Musk premium" and could still deliver strong long-term gains, but it looks risky right now. These 10 stocks could mint the next wave of millionaires › Tesla (NASDAQ: TSLA) is a battleground stock, and its highly growth-dependent valuation creates a solid foundation for the bear case. As of this writing, the stock is trading at approximately 331 times its earnings over the trailing-12-month period.
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