Tesla vs Workhorse Which Performs Better?

Tesla and Workhorse are two prominent companies in the electric vehicle industry, each with its own unique approach to revolutionizing transportation. Tesla, led by Elon Musk, has become a household name with its sleek and innovative electric cars, while Workhorse focuses on electric delivery vans and trucks. Both companies have seen significant growth in the stock market, but their strategies and target markets differ. This comparison aims to analyze the strengths and weaknesses of both Tesla and Workhorse stocks for potential investors.

Tesla or Workhorse?

When comparing Tesla and Workhorse, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Tesla and Workhorse.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. Tesla has a dividend yield of -%, while Workhorse has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Tesla reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, Workhorse reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Tesla P/E ratio at 109.81 and Workhorse's P/E ratio at -0.20. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Tesla P/B ratio is 19.95 while Workhorse's P/B ratio is 0.54.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Tesla has seen a 5-year revenue growth of 2.63%, while Workhorse's is 3.17%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Tesla's ROE at 19.29% and Workhorse's ROE at -196.34%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are $415.71 for Tesla and $0.98 for Workhorse. Over the past year, Tesla's prices ranged from $138.80 to $436.30, with a yearly change of 214.34%. Workhorse's prices fluctuated between $0.57 and $8.18, with a yearly change of 1327.57%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.