EV Stocks: Tesla, Carvana, and Lithia Motors Compete for Market Dominance
Tesla (TSLA) continues to dominate investor attention in the electric vehicle sector, boasting a 60% annual gain despite recent volatility. Yet questions linger about its premium valuation—trading at 200x 2025 earnings—as Q2 automotive revenue dropped 16% year-over-year.
The spotlight extends beyond OEMs to high-growth players like Carvana (CVNA) and Lithia Motors (LAD), with analysts scrutinizing whether Tesla's autonomous driving narrative justifies its multiples amid softening fundamentals. The auto sector's evolution now hinges on balancing technological promise against execution risks.