Tesla shares trade below $350, well off their record high. Investors might want to buy the dip. In my opinion, though, it's best to pass on the stock. There are some rosy expectations embedded in the valuation that make the downside significantly higher than the upside.

To be clear, despite its relative youth and its recent struggles, Tesla is among the 10 most profitable car makers in the world. Its net income is comparable to that of major car manufacturers like Honda, General Motors, and Ford, as you can see in the chart below.

Poor European sales, strengthening competition and the activities of its eccentric CEO are all pressure on the company's stock price.

Tesla (TSLA) and BYD (BYDDF) are two leading EV manufacturers vying for one of the hottest new business segments in the market. Tesla is a U.S. company, while BYD hails from China, so there is ...

The company has long banked on its ability to innovate through its battery and autonomous driving technology, but the days of delayed promises are gone. Now is the time for Tesla to execute on the innovations it has long promised. With BYD set to take the ...

Tesla has long been synonymous with cutting-edge electric and autonomous vehicle technology. Yet interestingly, the electric vehicle (EV) giant’s biggest rival in China, BYD Company (BYDDY ...