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STOCK COMPARISON

Lucid vs Tesla: Fair Value & Quality

Both stocks run through our valuation models. Here is how Lucid (LCID) and Tesla (TSLA) compare, as of Nov 6, 2026.

As of Nov 6, 2026, Fair Value Calculator sees Lucid as the less overvalued of the two: Lucid trades at $3.29 versus a fair value of $1.05 (−68.2%), while Tesla trades at $358 versus $40.00 (−88.8%). The fair value of Tesla carries the note "Extreme value": read it with caution.
Lucid
LCID · USD · Consumer Discretionary
−68.2%
upside to fair value
overvalued
Price$3.29
Fair Value$1.05
Quality23/100
Fair ValueQualityUptrend
Tesla
TSLA · USD · Consumer Discretionary
−88.8%
upside to fair value
overvalued
Extreme value
Price$358
Fair Value$40.00
Quality49/100
Fair ValueQualityUptrend
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

LucidTesla
Valuation
n/aP/E (TTM)377.1×
n/aP/E ex one-offs (FY2025)325.7×
n/aForward P/E (FY2027)166.2×
0.81×P/S (TTM)13.78×
Negative equityP/B17.38×
n/aPEG4.57×
−68.2%Fair value upside−88.8%
Profitability
n/aOperating margin2.6%
n/aEBIT margin trend (5Y)0.73×
Negative equityReturn on equity3.8%
-32.2%Return on assets2.8%
Growth
56.2%Revenue growth (YoY)-0.2%
30.6%Avg. growth/yr (3Y)5.2%
220.9%Avg. growth/yr (5Y)24.6%
n/aValue creation/yr−1.2%
Balance & size
n/aInterest coverage (EBIT/interest)12.9×
Negative equityDebt / equity0.08×
$1BMarket cap$1.4T
expensiveGrowth qualitymixed
The P/E excluding one-off items is only shown where the special items are documented in the accounts (our own raw data or SEC filings). If one side lacks it, the reported P/E stays scored.
Forward P/E: price divided by the analyst consensus for the first fiscal year that has not started yet. The current year carries special items from quarters already reported.

Lucid leads: 4 to 2 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Lucid Tesla
ProfitabilityHow much profit the company makes from its sales and capital
0
31
Quality GrowthAre margins and returns getting better?
80
20
CashflowDo the profits arrive as real cash?
13
52
Financial strengthDebt, balance sheet and risk of trouble
10
82
InvestmentDoes it invest with discipline instead of growing at any price?
63
23
Low VolatilityHow calm the share price moves, does not count
31
15
Price momentumPrice momentum of the last 3 to 12 months, does not count
0
30
Near the 52-week highDistance to the 52-week high, does not count
1
20
New sharesBuys back shares or issues new ones?
0
89

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyLucidPrice $3.29TeslaPrice $358
DCF Modelsn/a−89.3%below the price$38.40
Earnings-Basedn/a−90.6%below the price$33.59
Multiplesn/a−94.0%below the price$21.51
Asset-Based−62.6%below the price$1.23−99.1%below the price$3.28
Growth DCFn/a−90.3%below the price$34.77
Economic Profitn/a−96.6%below the price$12.05
Growth Earningsn/a−87.6%below the price$44.59
Matching families1 of 7
Minimum−62.6%below the price$1.23−99.1%below the price$3.28
Maximum−62.6%below the price$1.23−99.1%below the price$3.28
Median−62.6%below the price$1.23−99.1%below the price$3.28
Geometric mean−62.6%below the price$1.23−99.1%below the price$3.28
Ahead family by family1 of 10 of 1

Minimum, maximum, median and geometric mean only use the families both stocks have (matching families: 1 of 7), so a family without a value on one side does not distort the comparison. Ahead in a family is the stock whose fair value there sits higher relative to its price. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Family by family: Lucid is ahead in 1 of 1 shared families, Tesla in none.

Lucid: 1 of 1 models see the stock below the current price.

Tesla: 24 of 24 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Lucid
Price $3.29
Fair Value $1.05
Bear $0.78Bull $1.56
Tesla
Price $358
Fair Value $40.00
Bear $22.39Bull $57.97

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Lucid · Consumer Discretionary

Quality score23 · bottom 25%
Fair value upside−68.2% · bottom 25%

Tesla · Consumer Discretionary

Quality score49 · below median
Fair value upside−88.8% · bottom 25%

Bottom line

As of Nov 6, 2026, Fair Value Calculator sees Lucid as the less overvalued of the two: Lucid trades at $3.29 versus a fair value of $1.05 (−68.2%), while Tesla trades at $358 versus $40.00 (−88.8%). The fair value of Tesla carries the note "Extreme value": read it with caution.

Tesla has the higher quality score (49/100).

Open Lucid live analysis →

More comparisons

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.