It is worth £ 10,000 invested in Tesla shares at Christmas …

Investors you have Tesla (Nasdaq: Tsla) The stock laughed, or at least minced meat cakes, at Christmas. The actions of the electric vehicle (EV) pioneer had a huge amount of 227% in two years, and 116% in just two months!

However, the wheels have come out, so to speak. While writing, the action has dropped 42% since Christmas Eve, which means that an investment of £ 10,000 then is now worth only 5,800 on paper. Bah, Humbug!

But is this simply an opportunity to consider investing in Tesla with a massive discount? We cave in some details.

Fork at the time of the road

Tesla has been beaten by a whirlwind of challenges in recent months. These include the fall in sales, the increase in the competition of Chinese rivals, the political mischief of CEO Elon Musk and margin pressure. Global tariffs are a new headache, since they could increase the costs of imported components, potentially increasing production expenses.

Yesterday (April 2), the company launched trim delivery numbers that Q1 worse than expected. Total deliveries reached 336,681, while producing 362,615 vehicles. That was against the company's compiled analysts for 377,590 deliveries.

This was 13% lower than the same period last year and 32% below the figures of the fourth quarter of 2024. worryingly, this came even after lower prices and financing incentives. Weak figures such as will surely plant the main doubt seeds in the minds of investors on the management and assessment of the company.

Wedbush Securities' analyst Dan Iives, who for a long time has been one of the largest Tesla bulls in Wall Street, did not accelerate his words. In x, he wrote: “We are not going to look at these numbers with pink glasses … They were a disaster in each metric. Update problems but brand crisis key. Musk's time has come … Fork at the time of the road for Tesla. “

Dux speculation

To be fair, Tesla lost several weeks of production in its four factories during the quarter, as it updated the manufacturing lines for the model and updated SUV. This was the best -selling car model worldwide last year, and Musk believes that it is still like that.

In addition, the energy business is still strong. Implemented 10.4 GWh of energy storage products in the quarter, almost 160% higher than the previous year.

Perhaps surprisingly, the price of Tesla shares increased 5.3% yesterday. But this had nothing to do with the numbers and apparently everything to do with the speculation that Musk could soon be done with his period by directing the Government Efficiency Department (Doge). If so, that would obviously be positive for shareholders, since it is forwarded in daily operations in Tesla.

Meanwhile, Dan IVES remains optimistic with the ambitions of Robotaxi vehicles and Tesla autonomous vehicles, valuing the global market opportunity in $ 1TRN.

What about the stock?

Even after its fall of grace, Tesla's actions are quoted around 130 times the profits of detention purposes. On a prospective basis, which multiple falls to around 100, but that remains a considerable assessment.

For context, NvidiaThe price to profits ratio (p/e) is 36. However, it is expected that the leader of the chip of ia increases both income and profits greater than 50% this year. Tesla is certainly not.

Tesla is one of the most unpredictable actions, so I would certainly not bet on him, or long -term musk. But given the disappointing quarterly numbers here and the valuation of the sky, I think that investors should step carefully.