As of June 10, Tesla’s stock trades 32% below its peak but has gained 1,810% over the past decade. The company reported a 20% year-over-year decline in automotive revenue for Q1 2024 and experienced its first year-over-year drop in deliveries. Factors such as rising interest rates and increased competition have contributed to a decrease in profitability.
In contrast, Netflix’s stock has risen 1,200% in the last decade. The streaming service added 41 million net new customers in 2024, reaching nearly 302 million subscribers. Despite halting public reporting on subscriber numbers, Netflix’s revenue increased by 12.5% year-over-year in Q1. Analysts project its revenue to grow at a compound annual rate of 12.3% from 2024 to 2027.
