Should You Buy Tesla Stock

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Should You Buy Tesla Stock

Should You Buy Tesla (Tsla) Stock In 2026?

Tesla (TSLA) is the leader in the EV space and was one of the first companies ever to roll out a commercial EV. However, Tesla (TSLA) has since diversified its income streams, and now EVs are only one part of it.

Right now, the market cap of Tesla (TSLA) is $1.3 trillion, which is way higher than that of Toyota or any other car manufacturer. This alone tells us that Tesla (TSLA) is now more valuable than other car manufacturers with decades of history.

Optimus Robot - The Next Big Project From Tesla

Now, investors think the next big thing for Tesla (TSLA) will be the Optimus Robot and the Robotaxi. Both of these things are far from being a reality, but they have the potential to send the Tesla (TSLA) stock to record highs.

The data shows that around 75% of Tesla's revenue is coming from the EVs. However, the sales of EVs are shrinking amid higher competition.

In fact, there are many manufacturers like BYD that offer more feature-rich cars at a lower cost. So, this has made it difficult for Tesla (TSLA) to compete in Europe, Asia, and several other markets.

But the best thing that Tesla (TSLA) has going on is the Optimus robot, without any doubt. According to Elon Musk, the robot could be used for households and businesses.

Musk also forecasted that these robots will help the company earn $10 trillion or even more revenue in the coming years.

According to analysts, the valuation of Tesla (TSLA) is still very high as it has a P/E of 285. Meanwhile, the P/E ratio of the Nasdaq 100 index is just 32!

So, as far as the year 2026 is concerned, analysts don't expect any major upside in the Tesla (TSLA) stock. In addition, the new products, such as the Optimus Robot and Robotaxi, will not hit the mainstream in the next 12 months as well.

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