Valued at a market cap of $1.11 trillion, Tesla (TSLA) is among the most prominent companies globally. While the electric vehicle maker traded near all-time highs in late 2025, it has since declined nearly 30% from its all-time high.

If you want to buy the stock today, the market is asking you to pay a steep fee. The current price-to-earnings (P/E) ratio sits at 193. This showcases the premium investors place on the business, likely due to the view that Elon Musk is a genius and a visionary who's a great storyteller.

Due to Tesla's innovation and diversification, 24/7 Wall St. sees strong upside potential for the stock by the end of the decade.