RACE
Ferrari N.V.
RACE has the edge over TSLA overall, supported by stronger valuation and stronger fundamentals.
TSLA
Tesla, Inc.
TSLA's outlook is improving, though it still trails on the overall score.
RACE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Healthy |
RACE's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
TSLA Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Under pressure | |
| Strong |
TSLA's revenue and balance sheet are currently healthy, and its profitability is stable, but its cash flow is under pressure.
RACE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 38x | $394 | -2.8% |
| Current | 40x | $405 | — |
| Fair | 48x | $490 | +21% |
| Expensive | 55x | $567 | +40% |
Historical ranges are pointers, not guarantees.
RACE has the edge over TSLA in the historical PE scenario, which offers more potential upside but is not a forecast.
TSLA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 60x | $54.70 | -86% |
| Fair | 174x | $158 | -60% |
| Forward | 196x | $397 | — |
| Expensive | 415x | $378 | -4.9% |
| Current | 437x | $397 | — |
Historical ranges are pointers, not guarantees.
TSLA's PE is in its expensive range at 437x. If earnings grow as analysts expect, today's price would be 196x next year's earnings, in its fair range.
RACE Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
RACE has the edge over TSLA on the outlook, with more favorable profitability expectations.
TSLA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for TSLA, with profitability holding steady. However, they disagree widely on these estimates.
RACE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $10.25 | +3.7% |
| Q1 2026 | $10.00 | +2.2% |
| Q4 2025 | $9.95 | +6% |
| Q3 2025 | $9.94 | +13% |
| Q2 2025 | $9.88 | +16% |
| Q1 2025 | $9.78 | +22% |
| Q4 2024 | $9.39 | +22% |
| Q3 2024 | $8.82 | +22% |
RACE has the edge over TSLA on earnings, with more consistent year-over-year improvement.
TSLA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.03 | +123% |
| Q3 2026 | $0.91 | -39% |
| Q2 2026 | $1.08 | -38% |
| Q1 2026 | $1.09 | -40% |
| Q4 2025 | $1.08 | -47% |
| Q3 2025 | $1.50 | -59% |
| Q2 2025 | $1.73 | -51% |
| Q1 2025 | $1.82 | -53% |
| Q4 2024 | $2.04 | -53% |
TSLA's earnings per share have fallen from their peak: $0.91 over the past year, against $4.30 in late 2023.
RACE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $2.1B | +8.2% |
| Q1 2026 | $2.1B | +3.2% |
| Q4 2025 | $2B | +3.8% |
| Q3 2025 | $2B | +7.4% |
| Q2 2025 | $2B | +4.4% |
| Q1 2025 | $2B | +13% |
| Q4 2024 | $1.9B | +14% |
| Q3 2024 | $1.8B | +6.5% |
RACE has the edge over TSLA on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 32% | +0.6 points |
| Q1 2026 | 30% | -0.9 points |
| Q4 2025 | 28% | +1.4 points |
| Q3 2025 | 28% | -0.2 points |
| Q2 2025 | 31% | +1.4 points |
| Q1 2025 | 31% | +2.5 points |
| Q4 2024 | 27% | +2.4 points |
| Q3 2024 | 29% | +1 points |
RACE has the edge over TSLA on profitability, with a higher operating margin.
TSLA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $28B | -0.2% |
| Q2 2026 | $28.2B | +26% |
| Q1 2026 | $22.4B | +16% |
| Q4 2025 | $24.9B | -3.1% |
| Q3 2025 | $28.1B | +12% |
| Q2 2025 | $22.5B | -12% |
| Q1 2025 | $19.3B | -9.2% |
| Q4 2024 | $25.7B | +2.1% |
TSLA's revenue has picked up after two years of holding roughly level: $28B last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 2.6% | -3.2 points |
| Q2 2026 | 1.4% | -2.7 points |
| Q1 2026 | 4.2% | +2.1 points |
| Q4 2025 | 5.7% | -0.5 points |
| Q3 2025 | 5.8% | -5 points |
| Q2 2025 | 4.1% | -2.2 points |
| Q1 2025 | 2.1% | -3.4 points |
| Q4 2024 | 6.2% | -2 points |
TSLA's operating margin was 2.6% last quarter, down 3.2 points from the same quarter a year ago, near the bottom of its range since 2019.
RACE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $366.1M | +111% |
| Q1 2026 | $812.8M | +17% |
| Q4 2025 | $1.6B | +545% |
| Q3 2025 | $525.1M | -2.8% |
| Q2 2025 | $173.2M | +229% |
| Q1 2025 | $692.2M | +101% |
| Q4 2024 | $242.1M | +2.9% |
| Q3 2024 | $540.3M | +64% |
RACE has the edge over TSLA on cash flow, with more consistent year-over-year improvement.
TSLA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.5B | -62% |
| Q2 2026 | -$1.1B | -848% |
| Q1 2026 | $1.4B | +117% |
| Q4 2025 | $1.4B | -30% |
| Q3 2025 | $4B | +46% |
| Q2 2025 | $146M | -89% |
| Q1 2025 | $664M | +$3.2B |
| Q4 2024 | $2B | -1.6% |
TSLA still generates free cash flow, though less than at its 2025 peak: $3.3B over the past year.
RACE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.5% | -891K shares |
| 1 year | -1.1% | -2M shares |
| 3 years | -2.9% | -5.3M shares |
| 5 years | -4.6% | -8.6M shares |
| Available history | -5.8% | -10.9M shares |
RACE has the edge over TSLA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $231.8M |
| Q1 2026 | $251.8M |
| Q4 2025 | $872.4M |
| Q3 2025 | $147.1M |
| Q2 2025 | — |
| Q1 2025 | $470.7M |
| Q4 2024 | $167.2M |
| Q3 2024 | $163.1M |
RACE spent $1.5B buying back its own shares over the past year, up 88% from the year before.
TSLA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +1M shares |
| 1 year | +0.4% | +15M shares |
| 3 years | +1.4% | +48M shares |
| 5 years | +5.1% | +172M shares |
| Available history | +33% | +886M shares |
TSLA has 3.5B diluted shares, about the same as a year ago.
RACE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.6x | Very low |
| Q1 2026 | 0.4x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.5x | Very low |
| Q2 2025 | 0.6x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.6x | Very low |
| Q3 2024 | 0.6x | Very low |
RACE's net debt is less than a year of its operating earnings (EBITDA).
TSLA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.1x | Net Cash |
| Q2 2026 | -0.8x | Net Cash |
| Q1 2026 | -0.9x | Net Cash |
| Q4 2025 | -1.1x | Net Cash |
| Q3 2025 | -1.4x | Net Cash |
| Q2 2025 | -1.1x | Net Cash |
| Q1 2025 | -1.1x | Net Cash |
| Q4 2024 | -1.0x | Net Cash |
TSLA has the edge over RACE on leverage, with a lower net debt burden relative to earnings.
RACE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.4 | Neutral |
| Stochastic | 47.3 | Neutral |
RACE's weekly RSI is 54 (neutral) and its Stochastic is 47 (neutral).
TSLA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.3 | Neutral |
| Stochastic | 72.6 | Neutral |
TSLA's weekly RSI is 54 (neutral) and its Stochastic is 73 (neutral).
RACE PE vs Consumer Cyclical Sector
| Metric | RACE | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 18x | 119% above |
| PE % | 21 | 47 | 26 pts below |
RACE has the edge over TSLA on valuation relative to its sector.
TSLA PE vs Consumer Cyclical Sector
| Metric | TSLA | Sector median | Relative |
|---|---|---|---|
| PE | 437x | 18x | 2,324% above |
| PE % | 84 | 47 | 37 pts above |
TSLA is trading at 437x earnings, a 2324% premium to the Consumer Cyclical sector's median of 18x.
RACE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $399.8 | 1.4% above |
| 20 week MA | $400.3 | 1.3% above |
| 50 week MA | $372.0 | 9% above |
| 100 week MA | $412.7 | 1.7% below |
| 200 week MA | $388.6 | 4.3% above |
RACE's trend is mixed: it's above four of its five weekly moving averages, and 4.3% above its 200-week average.
TSLA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $376.0 | 5.7% above |
| 20 week MA | $364.0 | 9.2% above |
| 50 week MA | $393.6 | 1% above |
| 100 week MA | $372.1 | 6.8% above |
| 200 week MA | $296.9 | 34% above |
TSLA has the edge over RACE on trend strength, trading above more of its moving averages.
RACE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $168.7 | $225.5 | +34% |
| 2021 | $225.5 | $253.5 | +12% |
| 2022 | $253.5 | $211.0 | -17% |
| 2023 | $211.0 | $338.4 | +60% |
| 2024 | $338.4 | $432.2 | +28% |
| 2025 | $432.2 | $378.1 | -13% |
| 2026 YTD | $378.1 | $405.5 | +7.2% |
RACE has the edge over TSLA on returns for 2026, with the stronger performance.
TSLA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $28.7 | $220.6 | +669% |
| 2021 | $220.6 | $355.7 | +61% |
| 2022 | $355.7 | $123.2 | -65% |
| 2023 | $123.2 | $248.5 | +102% |
| 2024 | $248.5 | $431.7 | +74% |
| 2025 | $431.7 | $475.2 | +10% |
| 2026 YTD | $475.2 | $397.5 | -16% |
TSLA's yearly returns have swung widely, from +669% in 2020 to −65% in 2022. It's down 16% so far in 2026.