How Does Tesla Stock Stack Up Against Its Peers?
Tesla‘s stock has underperformed several peers over the past year, yet how does it truly measure up against the rapidly evolving automotive and clean energy landscape? As of early 2026, a closer look reveals robust profitability and free cash flow generation, particularly compared to many pure-play EV startups. However, Tesla faces negative revenue growth and intensifying global competition, leading to declining sales for a second consecutive year. Its significantly high valuation, despite these challenges, suggests limited upside if competition keeps favoring more cost-effective models.
- TSLA’s 5.1% operating margin, highest among peers, stems from its direct sales model and production efficiency, driving profitability.
- TSLA’s -1.6% revenue growth, lagging peers, reflects fierce EV competition, expiring tax credits, and price cuts impacting sales.
- TSLA gained 15.5% with a 278.3 P/E, reflecting investor speculation on robotaxis/AI growth, despite weaker auto sales and stronger peer returns.
Here’s how Tesla stacks up across size, valuation, and profitability versus key peers.
| TSLA | GM | F | RIVN | LCID | RUN | |
|---|---|---|---|---|---|---|
| Market Cap ($ Bil) | 1,413.7 | 76.4 | 53.1 | 23.7 | 3.5 | 4.5 |
| Revenue ($ Bil) | 95.6 | 187.4 | 189.6 | 5.8 | 1.1 | 2.3 |
| PE Ratio | 278.3 | 25.1 | 11.3 | -6.6 | -1.5 | -1.8 |
| LTM Revenue Growth | -1.6% | 2.6% | 3.7% | 28.2% | 45.9% | 13.8% |
| LTM Operating Margin | 5.1% | 4.3% | 1.9% | -58.5% | -297.5% | -15.4% |
| LTM FCF Margin | 7.1% | -0.9% | 6.3% | -8.4% | -317.5% | -158.0% |
| 12M Market Return | 15.5% | 59.3% | 48.4% | 46.5% | -63.2% | 90.4% |
For more details on Tesla, read Buy or Sell TSLA Stock. Below we compare TSLA’s growth, margin, and valuation with peers across years
Revenue Growth Comparison
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| LTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| TSLA | -1.6% | 0.9% | 18.8% | 51.4% |
| GM | 2.6% | 9.1% | 9.6% | 23.4% |
| F | 3.7% | 5.0% | 11.5% | 15.9% |
| RIVN | 28.2% | 12.1% | 167.4% | 2914.5% |
| LCID | 45.9% | 35.7% | -2.1% | 2143.3% |
| RUN | 13.8% | -9.8% | -2.7% | 44.2% |
Operating Margin Comparison
| LTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| TSLA | 5.1% | 7.9% | 9.2% | 17.0% |
| GM | 4.3% | 6.8% | 5.4% | 6.6% |
| F | 1.9% | 2.8% | 3.1% | 4.0% |
| RIVN | -58.5% | -94.3% | -129.4% | -413.5% |
| LCID | -297.5% | -371.4% | -516.6% | -426.5% |
| RUN | -15.4% | -28.1% | -36.3% | -28.5% |
PE Ratio Comparison
| LTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| TSLA | 278.3 | 181.1 | 52.6 | 30.6 |
| GM | 25.1 | 9.9 | 4.8 | 4.9 |
| F | 11.3 | 6.7 | 11.2 | -23.6 |
| RIVN | -6.6 | -2.8 | -4.1 | -2.5 |
| LCID | -1.5 | -2.7 | -3.1 | -8.8 |
| RUN | -1.8 | -0.7 | -2.7 | 29.3 |
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