- Tesla stock has tumbled nearly 31% over the past month in the wake of tariffs, struggling Chinese sales, and a “buyers strike” against Elon Musk’s electric vehicle maker.
- However, TSLA shares—while still overvalued—are the cheapest they’ve been since November 2024, enticing TSLA bulls to snatch up shares.
- Seeking Alpha’s Quant System rates TSLA as a Hold.
- The company still faces risks, including fierce competition in the Chinese market and buyers’ strikes from demonstrators who oppose Musk’s increasing political action in the U.S. and Europe.
- I am Steven Cress, Head of Quantitative Strategies at Seeking Alpha. I manage the quant ratings and factor grades on stocks and ETFs in Seeking Alpha Premium. I also lead Alpha Picks, which selects the two most attractive stocks to buy each month, and also determines when to sell them.
Is Tesla Running Out of Battery?
Shares in Elon Musk’s electric vehicle maker Tesla (NASDAQ:TSLA) fell 3% on Tuesday, sealing it as one of the biggest losers in a widespread market sell-off after the Trump administration confirmed it would press ahead. I am Steven Cress, Head of Quantitative Strategies at Seeking Alpha. I manage the quant ratings and factor grades on stocks and ETFs in Seeking Alpha Premium. I also lead Alpha Picks, which selects the two most attractive stocks to buy each month, and also determines when to sell them.
Steven Cress is the Head of Quantitative Strategies at Seeking Alpha. He previously founded and ran hedge fund and asset management company Cress Capital Management, and was the Head of International Business Development at Northern Trust. For the majority of his career, he ran a proprietary trading desk at Morgan Stanley. Steven created and manages the Quant Ratings and Dividend Ratings for stocks, REITs and ETFs in Seeking Alpha Premium. He also leads Alpha Picks, which selects two attractive stocks to buy each month, and also determines when to sell them. Learn More about Alpha Picks and its performance.
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