Nov 01, 2026, 3:53 AM ETTesla, Inc. (TSLA) Stock, TSLA:CA StockMotti Sapir1.52K FollowersTesla remains a Hold as valuation is disconnected from current profitability and financial returns, despite ongoing operational progress and ambitious growth targets.Delivery growth has slowed, automotive margins remain well below historical highs, and significant CapEx is ramping up for AI, energy, and robotics initiatives.Energy storage and FSD subscriptions are growing, but neither yet delivers recurring, material profits to offset pressure in the core auto business.Execution and regulatory risks are high; until high-margin, non-auto profits become steady and visible, TSLA's upside is balanced by substantial valuation and execution risk.Getty ImagesTesla’s (TSLA) situation hasn’t really budged since the last time I looked at it on valuation, despite operating progress. I kept the Hold rating back then and flagged the same basic problem: the company is stillThis article was written byMotti Sapir1.52K FollowersWith over 15 years of experience in the markets and a degree in economics, I focus on breaking down companies with clarity and discipline. My goal is to give individual investors a straightforward, honest view—what’s working, what isn’t, and where the risks and opportunities actually are. I don’t chase narratives. I follow the numbers and the business underneath.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Comments