Tesla (NASDAQ:TSLA) stock is down 17% over a fortnight. As such, a £10,000 investment then would be worth just £8,300 today. Investors who thought they were picking up a bargain then were engaging in a challenging investment activity: trying to catch a falling knife. The stock’s decline is attributed to a combination of weak global sales, leadership concerns, and analyst downgrades. Additionally, broader market volatility and Tesla’s fundamental challenges, such as declining deliveries and increased competition, have further eroded investor confidence. While some remain optimistic about the company’s long-term potential, as reflected by brief rallies, the current trend suggests caution is warranted.

Musk is losing fans

Tesla’s stock has faced a steep selloff since Elon Musk’s move to Washington, D.C., to assume a key role in the Trump administration. This decline is attributed to several factors beyond Musk’s political involvement. Weak global sales, particularly in key markets like Germany and China, have raised concerns about Tesla’s growth trajectory. This has led to analysts downgrading delivery forecasts, further unsettling investors.  

Additionally, market volatility driven by President Trump’s tariff policies and broader economic uncertainty has weighed heavily on Tesla and other tech stocks. Musk’s leadership distractions, including his role in the Department of Government Efficiency, have also fuelled doubts about his focus on Tesla. Despite Musk’s optimistic reassurances, the selloff reflects a combination of operational challenges, market dynamics, and investor skepticism.

Still disconnected with reality

Tesla’s valuation metrics reveal a significant disconnection with reality. The forward price-to-earnings (P/E) ratio of 82.9 times represents a staggering 450% premium to the consumer discretionary sector average. What’s more, the company doesn’t appear to have the growth to back this valuation up, with the price-to-earnings-to-growth (PEG) ratio sitting at 4.8 — a 235% premium to the sector average.

This overvaluation persists largely because some analysts and investors continue to tout Tesla’s long-term prospects in autonomous driving and robotics. However, in autonomous driving, competitors like Waymo appear have a substantial headstart. Waymo, a subsidiary of Alphabet, has already launched commercial robotaxi services in multiple cities. This is leveraging years of testing and regulatory approvals, while Tesla’s Full Self-Driving (FSD) technology remains in beta and faces scrutiny over safety and reliability. You can also, as of 4 March, hail a Waymo in Austin on Uber. That’s a big step.

In robotics, Tesla’s Optimus project aims to revolutionise automation with humanoid robots, targeting deployment in factories and eventually consumer markets. However, Optimus is still in its infancy, with plans to scale production to 1,000 units by 2025. This is a far cry from the ambitious 100m units Musk envisions long term. 

While Tesla’s AI and robotics initiatives are promising, there are significant execution risks. This makes the company’s current valuations appear disconnected from its near-term realities. Given the current volatility, I’m keeping my powder dry. I actually want Tesla to succeed because its long-term focus is exciting. However, I simply can’t put my money behind it at these valuations.

Investing in the stock market is my preferred way of building wealth. And if these investments are made through the Stocks and Shares ISA, the portfolio could compound much faster as the taxman won’t be getting his hands on capital gains and dividends.

So why start investing at 30? Well, with 30 years of contributions through to the age of 60, an investor could, if averaging 10% annualised growth, achieve a portfolio worth £904,000. In turn, this could generate £45,000 annually. All tax free. This could allow an investor to retire early and it will eventually be complemented by a pension.

In short, this is significantly higher than what a traditional savings account would yield, even with consistent contributions.

Compounding matters

Compounding matters. It allows returns to generate their own returns over time, creating a snowball effect that accelerates wealth growth. For example, in the early years, the growth may seem modest but, over decades, the gains become exponential. By the end of the 30-year period, the annual growth could exceed £85,000.

By comparison, savings accounts typically offer around 3% annual growth, which barely keeps pace with inflation. By contrast, the MSCI World Index has delivered an average annual return of 11.1% over the past 45 years. This stark difference highlights the importance of investing in the stock market for long-term financial goals.

And with a portfolio worth £904,000, an investor could reallocate funds towards dividend-paying stocks, and bonds. In the current market, an average dividend yield of 5% is very achievable. This may not always be the case. But assuming it is, it would allow for a £45,000 passive income.

However, it’s worth noting that £45,000 in 30 years will feel like approximately £21,450 in today’s money, assuming a 2.5% annual inflation rate. Nonetheless, it’s tax free and arguably enough for most people to live on.

Making wise decisions pays dividends

Making wise investment decisions, in the long run, will likely contribute to positive outcomes. However, poor investment decisions can result in investors losing money. In fact, many novice investors chasing quick gains lose money, and fast.

The first rule of investing, according to billionaire investor Warren Buffett, is don’t lose money. And for novice investors, this could mean finding diversification through index tracking funds, investment trusts, or conglomerates.

An interesting alternative to an index tracker is Scottish Mortgage Investment Trust (LSE:SMT). This UK-based trust has an incredible track record of investing in the next big winner before most of us have even heard of it. And that’s why it’s one of the most popular investment trusts in the UK.

Most of its big investments are in US and Chinese tech. In fact, its focus remains on tech companies despite the addition of some luxury brands such as Kering and Ferrari.

Over the past decade it’s delivered a 331.7% share price total return, significantly outperforming the FTSE 100. However, its use of gearing — leverage — introduces risk, amplifying both gains and losses, particularly in volatile markets. Nonetheless, I’ve recently topped up my position, drawn to its long-term potential despite the inherent risks.

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Why we like it: “Lindsell Train Investment Trust (LSE: LTI) owns a portfolio of resilient businesses, managed by fund managers Nick Train and Michael Lindsell. Its primary investment themes include beloved consumer brands and companies that boast a high proportion of digital revenues. Investment manager Nick Train reveres Warren Buffett, and in keeping with Buffett’s approach, many of the holdings have be held for many years, in some cases for at least 20 years.

“Train likes companies with Buffett-like qualities such as wide economic moats, high returns on equity, reliable cash flows and strong balance sheets. Train also rarely trades, evidently trying to do his level best to put into practice Buffett’s often quoted mantra: ‘Our favourite holding period is forever.’ Its largest holding is a unique asset – the fund management company of the eponymous co-founders, Lindsell Train Limited.”

Why we like it now: Unlike open ended funds, which move up and down with the value of the underlying assets, investment trusts carry additional uncertainty since they might trade at either a large premium or discount to the underlying assets. Currently, the Lindsell Train Investment Trust is trading at a 14.8% discount to its net asset value – which seems like a hefty discount to us, considering the strong fundamentals of the businesses in the portfolio and the earnings power they possess. We think owning LTI might offer investors a relatively low-risk way to take advantage of the market’s volatility by investing in a basket of quality businesses – including some technology plays and popular global brands that don’t feature in the make-up of the UK stock market – for less than they’re potentially worth. The fund manager’s style has been out of favour in recent years – its core strategies have underperformed their benchmark indices in three of the last four years – though buying at such a large discount perhaps limits the downside risk if the investment style continues to underperform.

Since the global financial crisis of 2007-09 ended in March 2009, the US stock market has enjoyed an almost unstoppable run. Meanwhile, as I’ve said repeatedly, the UK’s FTSE 100 index looks too cheap and deserves its day in the sun. And guess what’s come to pass in recent days?

The skyrocketing S&P 500

On 6 March 2009, the S&P 500 index hit 666 points — the biblical ‘number of the beast’. I remember this milestone clearly, as investors worldwide were in absolute agony. After all, the index had peaked at 1,565.15 on 9 October 2007, before collapsing by 57.4% — its biggest drawdown since World War II.

Back then, I was thrilled at the possibility of buying stocks at knockdown prices. My family piled our cash into US and UK equities that spring, making life-changing returns over the next 16 years. Currently, the main US market index stands at 5,534.54 points, up a staggering 631% from its 2009 low. Wow.

Nevertheless, since early February, I have repeatedly warned that US stocks had risen too far since the US presidential election of 5 November. It turns out I was right, as the S&P 500 and tech-heavy Nasdaq Composite indexes have since lost of all their post-election gains.

From Trump bump to Trump slump

The S&P 500 is now 10% below its 19 February high of 6,147.43, leaving it no higher than it closed on 3 July 2024. Meanwhile, the Nasdaq Composite stands at 17,351.59 points, having dived 14.1% from its record high of 16 December 2024.

Now for some surprising news: for the first time in years, the FTSE 100 is beating both of these US counterparts. Over one year, the Footsie is up 9.8%, versus 7.3% for both the S&P 500 and the Nasdaq Composite.

Furthermore, the icing on the cake for UK shareholders is that the FTSE 100’s dividend yield is 3.5% a year. The yearly cash yields for the S&P 500 and Nasdaq Composite are 1.5% and 0.8%, respectively.

Possibly, other investors may be adopting my stance that UK shares are undervalued, both in historical and geographical terms. Finally, a triumph for value investing!

One cheap FTSE 100 share

As an old-school value and income investor, I’m a big cheerleader for cheap FTSE 100 stocks. For example, take Legal & General Group (LSE: LGEN), which aims to return around two-fifths of its market value to shareholders over the next three years.

Since 1836, Legal & General has grown to become a leading UK asset manager. Its three key divisions — asset management, institutional retirement, and retail — all had a decent 2024. Thus, the group raised its dividend by 5% to 21.36p a share. It also intends to buy back another £500m of its shares, on top of a previous buyback worth £1bn.

That said, managing around £1.1trn of financial assets leaves Legal & General heavily exposed to market movements. When share and bond prices dive, its profits can be hit hard, as happened in Covid-ravaged 2020. Even so, its rock-solid balance sheet allows the group’s shares to offer a whopping dividend yield of 8.9% a year. This is among the highest on offer from London-listed shares.

Over one year, the shares are down 1.8%, but over five years, they are up 24.8%. Hardly exciting numbers, but we intend hold onto this high-yielding stock for years!

Time’s running out to load up on this year’s Stocks and Shares ISA allowance and I’m accelerating my search for top UK shares. So I decided to cut corners by asking ChatGPT for help. I told it I wanted to create the perfectly balanced portfolio from just five FTSE 100 stocks.

ChatGPT isn’t a stockpicker. It doesn’t have ideas of its own. It just sucks up stuff from the web, and regurgitates. So I had to feed in careful criteria. Then I asked for a balance between growth and income, and undervalued and momentum stocks, across different sectors. I did most of the legwork myself. Which is at it should be.

AI really rates AstraZeneca

Its prime pick was pharmaceutical giant AstraZeneca (LSE: AZN). Which just happens to be the biggest stock on the FTSE 100. An absolute beginner might have picked that.

My ‘bot bro’ said few companies combine defensive resilience with growth potential like this one, as it “its global presence and strong drug pipeline make it a long-term winner”.

It warned AstraZeneca’s valuation isn’t cheap, with a price-to-earnings (P/E) ratio of just under 20. Personally, I’d also have cautioned that high investor expectations mean if its drugs pipeline slows, or Donald Trump attacks big pharma, the shares could take a hit.

ChatGPT’s next pick was insurer Legal & General Group, which it calls “a long-term play on the UK’s ageing population”. Its shares rarely go anywhere, but the 8.9% yield certainly dazzles.

Since I own the stock, I can’t argue with this pick. But ChatGPT got its P/E horribly wrong, claiming it trades at seven times earnings when in fact it’s a whopping 82.8 times. That follows a recent earnings slip that ChatGPT somehow missed. As ChatGPT admits, it can make mistakes. Absolutely.

I also own its next selection, consumer goods group Unilever. Again, I had quibbles. Yes, Unilever owns powerful global brands, such as Dove, Persil and Magnum, and yes, “it delivers steady income and resilience, even during downturns”.

But ChatGPT didn’t mention that the board has lost its way in recent years, forcing it to replace CEO Hein Schumacher after just 19 months. Nor did it mention the threat from tariffs.

I rate all of these FTSE 100 shares

I don’t own Rio Tinto, ChatGPT’s choice from the mining sector, but wish I did. It looks brilliant value with a P/E of just nine, while yielding 6.6%.

Like every commodity stock, it’s been hit by Chinese troubles and the wider global slowdown, with full-year 2024 earnings falling short of estimates. ChatGPT didn’t highlight either, just stuck to generalities. At least it got the P/E right this time. I still think Rio Tinto is worth considering with a long-term view.

Finally, ChatGPT served up a proper growth stock – and a good one – via Information and analytics firm RELX. It said it’s “quietly one of the best-performing FTSE 100 stocks in recent years, thanks to its subscription-based business model”.

RELX is expensive, with a P/E over 30, but now could be a good time to consider it with the shares down 10% in the last month. That’s me saying that, by the way. ChatGPT never mentioned it. The chatbot is great fun to play with, but I’ll never treat it as a serious investment tool.

High dividend yields are very eye-catching. However, high yields can sometimes be unsustainable, especially if the dividend isn’t growing but the share price is falling. So when I saw that there was a FTSE 250 stock with a 13.66% yield, it definitely warranted a closer inspection.

A high-flyer

The company in question is Ithaca Energy (LSE:ITH). The UK-based oil and gas company stock has fallen by 4% over the past year.

As far as business operations go, it’s focused on exploration, development, and production in the UK North Sea. By extracting crude oil and natural gas from its offshore fields, it makes money by selling the products to refineries and gas distributors.

Unlike some stocks from this sector that are yet to produce revenue, Ithaca has sites that are fully operational. This is a key factor when considering it as a dividend share. After all, if finances aren’t strong, dividends are usually one of the first areas that get cut to help ease cash flow pressure.

The latest company update detailed a positive outlook going forward. The first oil from the Talbot project is anticipated before year-end, with drilling at the Jocelyn South exploration well “offers immediate potential production if successful”. If these do come online, it could further boost revenue and filter down to a higher dividend per share.

Risks remain

The dividend policy states that the management team aim to provide “annualised dividends of 15-30% of post-tax net cash from operating activities”. So, naturally, if operations do well and income increases, the dividend will rise.

However, this can be viewed as a risk. Ithaca operates in a volatile sector. Oil and gas prices move up and down sharply. It could drop based on natural weather related events, geopolitical tensions in the Middle East or even demand from sectors like travel and tourism. None of these factors is within Ithaca’s control. So if the prices drop later this year, it could reduce revenue and ultimately mean that the dividend falls.

Another risk is the share price. Energy stocks like Ithaca can jump around based on speculation regarding future projects. This means that if an investor buys now and sentiment around new projects sours, the investor could be left holding a large unrealised loss from the share price, even if the dividend gets paid.

Risk versus reward

I think that Ithaca is undoubtedly a high-risk, volatile stock. This is the case whether an investor is considering it for capital gains or income. However, the risk is balanced by the size of the potential reward. A yield in excess of 13% is considerable. When I compare it to the yield on other income paying assets, it’s not to be ignored.

Therefore, for an investor that’s happy with the risk level, I do think that this is worth considering today.

Nvidia (NASDAQ: NVDA) stock has been one of the best value-creators of all time. Since listing in 1999, it’s gone up more than 289,000%!

The company’s graphics processing units (GPUs) continue to play a pivotal role in the artificial intelligence (AI) industry. And they’re powering an increasingly wide range of applications.

However, Nvidia been a victim of the sharp market sell-off recently. As I write, the share price is down 22% in just over two months.

I parted ways with the stock almost a year ago, but I’m open to potentially reintroducing it into my portfolio at a lower valuation.

Is this my chance? Let’s take a look.

The case against

As things stand, I see a couple of reasons for not buying now. For starters, there’s China. It’s likely that export controls aimed at limiting China’s access to advanced semiconductor technologies, particularly those used in AI, are beefed up even further. 

Last year, China (including Hong Kong) accounted for about 13% of total revenue. So the potential loss of access to this market over time would be a big loss, especially given the growth potential of the Chinese tech industry. It’s definitely an overhang for the stock.

Next, Nvidia’s growth is increasingly reliant upon a handful of key customers. These are the giant tech firms that have been gobbling up its GPUs for the past two years. This has afforded Nvidia an extraordinary amount of pricing power.

However, these tech giants are also looking for ways to reduce their reliance on Nvidia and lower costs. One example is Amazon‘s cloud platform (AWS), which has developed its own family of specialised AI accelerators called Trainium.

We obviously have a deep partnership with Nvidia and will for as long as we can see into the future. However…cost can get steep quickly. Customers want better price performance, which is why we built our own custom AI silicon.

Amazon CEO Andy Jassy

The case for

One key reason for me to consider rebuying the stock is the valuation. Based on current forecasts for the 2026-27 financial year, it’s trading at 21 times earnings. On paper, that looks cheap, though of course actual earnings may differ.

Crucially, Nvidia’s chips remain best-in-class and it spends a tonne on innovation to keep them that way. Management says demand for its latest Blackwell chip is extremely strong, which I find very reassuring.

Meanwhile, governments looking to build supercomputers are increasingly becoming customers of Nvidia. This could be a powerful long-term trend.

Finally, co-founder and CEO Jensen Huang is a visionary leader, with an unrivalled knack for capitalising on future trends. As such, the company’s technology could be central to multiple mega-trends, including self-driving cars, the metaverse, humanoid robots, and even quantum computing (one day).

My decision

Nvidia’s share price hasn’t been keeping pace with its rapid earnings growth in recent quarters. Consequently, the valuation looks better than it did when I sold a year ago.

While some customers are developing their own AI chips, Nvidia’s remain the gold standard.

What I’ll do here is keep a close eye on the share price. I’m expecting more market volatility this year with rising uncertainty around the US economy and tariffs. If Nvidia stock drops beneath $100, I may well take advantage.

Consumer tastes change over time – and so do investor preferences. Take Greggs (LSE: GRG) as an example. Over the past year, Greggs shares have lost a third of their value.

Does that reflect a shifting valuation for the underlying business? Or could this be a potential bargain for investors to consider?

Here’s why I acted on a falling share price

I take the latter view. Indeed, I recently bought some Greggs shares for my portfolio.

Such a big share price fall does not typically happen without reason though. A number of things seem to have been concerning investors lately about Greggs and this month’s annual results served to bring some of them into sharper focus. 

One is weaker growth rates. Another is the impact of a sluggish economy on discretionary consumer spending. Another is the ongoing costs of scaling the business, such as building additional production lines.

But while I recognise the risk such things pose to profits, none of them change the underlying business model at Greggs, as far as I am concerned. The market for cheap, convenient takeaway snacks and food is huge. Greggs has a large shop estate, strong brand, some differentiated products and a proven business model. Last year, the baker reported profits north of £200m before tax.

Value’s in the eye of the beholder

What makes the stock market a market is that different buyers and sellers do not necessarily agree on what a company is worth. Again, take Greggs as an example.

It ended last year with around £665m of property, plant and equipment on its balance sheet. But while that is presumably a fair valuation, it does not mean the company could raise that much selling the kit. The market for secondhand pastry-filling machines is not a sellers’ market.

It also had around £180m of inventory and cash and cash equivalents. It was owed money by some trade debtors, but had larger payments to trade and other creditors outstanding.  

Taken altogether though, all the Greggs shares in issue add up to a market capitalisation of almost £2bn. That is substantially more than the sum of the parts I mentioned.

Why? Greggs has proven it can generate sizeable profits. Its brand has significant value, in my eyes (although on its balance sheet, the company values all intangible assets at under £25m). The loyalty of its large customer base has some value too.

In other words, investors are looking at what they think Greggs is worth based on how much money it can generate from hereon in, not just its assets.

This share looks cheap to me

The steep fall in the past year might suggest that Greggs’ ability to make big profits in future is now more than in doubt than it was 12 months ago.

But I do not see things that way. I reckon a price tag of under £2bn for the company looks cheap. I reckon value-minded long-term investors should consider Greggs shares.

Wild swings in the price of Tesla (NASDAQ: TSLA) stock has long been the rule, not the exception. The five-year share price chart resembles a snapshot of the Rocky Mountains, with towering peaks and deep valleys.

So far in 2025, Tesla shares are down 39%. Yet they jumped 7.6% yesterday (12 March), and are still up nearly 600% over five years!

Here are three reasons the stock has slumped this year.

Falling sales

The most fundamental reason for the decline is that sales of Tesla’s electric vehicles (EVs) have been falling. Automotive revenue in the final quarter of 2024 was down 8% year on year to $19.8bn. Total revenue was $25.7bn, up 2% from the previous year but below analysts’ expectations of $27.1bn. ​Operating profit fell 23% to $1.6bn.

On 2 April, Tesla will report global sales for the first quarter. They might not be pretty. According to the European Automobile Manufacturers’ Association, sales in Europe were down 45% in January compared to the same month last year. Sales have reportedly fallen in China and Australia too, though they were up in the UK and Ireland. 

Previously, Wall Street was expecting over 400,000 deliveries in the quarter, but now some estimates see the figure falling below the 387,000 units from a year ago. For all of 2025, Wall Street currently projects sales of about 2m EVs, up from 1.8m in 2024. That’s well below CEO Elon Musk’s earlier promise of 20-30% growth in full-year vehicle sales.

Valuation disconnect

On paper, Tesla stock appears grossly overvalued. Even after losing nearly half its value since mid-December, it’s trading on a price-to-earnings ratio of 121. The price-to-sales multiple’s still 8.9, despite sluggish top-line growth.

If Tesla is purely a car company, then the valuation is disconnected from reality. Even Musk echoed this back in July, saying investors should sell their shares if they didn’t believe Tesla would “solve vehicle autonomy”.

Will it solve this? We might find out soon, as Musk’s promised to launch paid robotaxi rides in Austin, Texas, by June.

Of course, he’s been saying that full self-driving cars were just round the next bend since 2016. However, the firm’s under massive pressure to finally deliver these now, while Austin has few regulations preventing them from happening (unlike California).

The stakes are high. Previously, the firm has blamed customers for accidents involving its driver-assistance systems. But with robotaxis, Tesla could presumably be liable if anything goes wrong.

While the potential long-term rewards for a successful robotaxi network are huge, there are notable risks.

Musk himself

Finally, Musk’s vocal backing of President Trump has alienated some existing and potential Tesla customers. On Tuesday (11 March), Trump promised to buy a new Tesla in a TV commercial-style appearance with Musk outside the White House. That’s despite serving presidents not being allowed to drive on public roads. Openly aligning the brand with Trump, who opposes EV subsidies, seems at best contradictory.

As always, analysts are split on where the stock could head over the next year. For example, JP Morgan sees a 51% plummet to $120, while Wedbush Securities reckons it could more than double to $550.

Due to the high valuation and uncertainty, I have no plans to invest.

Formula One Group (NASDAQ:FWON.A), Ferrari (NYSE:RACE) and Aston Martin (LSE:AML) are among the most obvious stocks to watch as the F1 season kicks off in Albert Park, Melbourne, this weekend. Let’s take a look.

The American owners

Personally, I rue the day that Formula One Group, a subsidiary of Liberty Media, got its hands on the commercial rights for F1 racing. Since 2017, it’s transformed the sport, leveraging Netflix‘s Drive to Survive to captivate a global audience. But it’s come at the expense of traditionalists like me.

The series, offering behind-the-scenes access and humanising drivers and teams, has attracted younger fans and boosted F1’s popularity, especially in the US. This strategic move expanded commercial opportunities, increased race attendance, and diversified viewership, cementing F1’s modern resurgence.

However, would-be investors need to pay a premium to buy the stock. It’s currently trading at 46 times forward earnings, with earnings growth pointing to a price-to-earnings-to-growth (PEG) ratio around 1.8. This indicates the stock could be significantly overvalued.

A PEG ratio below one typically signals value. Nonetheless, investors could point to the limit coverage — only two analysts provide earnings forecasts — and the recent takeover of MotoGP, where it will hope to replicate its commercial success with F1.

Scuderia Ferrari

Luxury Italian car manufacturer Ferrari owns the F1 team Scuderia Ferrari, perhaps the most prestigious team in the sport. While success has been hard to come by in recent years, developments at the racing team can have an outsized impact on the Ferrari share price. In fact, the early 2024 announcement that Lewis Hamilton would be joining the team resulted in the shares jumping 20%. And they’ve remained expensive.

However, Ferrari stock, which is mainly valued according to the sales of its cars and other retail and service activities such as Ferrari World, is expensive. In fact, with the exception of Tesla, Ferrari is the most expensive car company. The stock trades at 45 times forward earnings, but with just 10% annualised earnings growth in the forecast.

Struggling Aston Martin

Aston Martin F1 isn’t owned by the company that makes the road cars, although the brand name and Lawrence Stroll connect the two. Interestingly, the stock surged two years ago when driver Fernando Alonso demonstrated that its F1 car for the season was very competitive. The apparent connection being that strong track performance could raise the brand’s profile further.

However, the momentum was short-lived. Off the track, the Aston Martin company and the stock are struggling. Shares in Aston Martin Lagonda plummeted in February as the luxury carmaker announced plans to cut 5% of its global workforce to save £25m annually, with half realised in FY 2025. 

The business also announced that pre-tax losses for the year widened to £289.1m. Meanwhile, revenue fell 3% to £1.58bn, and wholesale volumes dropped 9% to 6,030. The company also delayed its first electric vehicle (EV) launch to the late 2020s. 

Despite these challenges, Aston Martin aims for an improved financial performance in 2025, targeting positive adjusted EBIT and free cash flow in H2 2025. CEO Adrian Hallmark emphasised operational execution and financial sustainability as key priorities for the company’s turnaround.

Actually, out of the three companies on this list, Aston Martin is top of my watchlist. However, there’s too much risk to buy today.