TSLA - Tesla, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
+4.49 (+1.76%)
At close: 4:00PM EDT
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Previous Close255.68
Bid0.00 x 800
Ask0.00 x 800
Day's Range254.51 - 260.48
52 Week Range176.99 - 387.46
Avg. Volume11,331,663
Market Cap46.359B
Beta (3Y Monthly)0.34
PE Ratio (TTM)N/A
EPS (TTM)-5.69
Earnings DateJul 24, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est263.55
Trade prices are not sourced from all markets
  • Ford debuts all-electric F-150 pickup pulling one million pounds
    Yahoo Finance Video10 hours ago

    Ford debuts all-electric F-150 pickup pulling one million pounds

    Ford releases an all-electric version of its best-selling F-150 pickup in a video showcasing the car's strength. Yahoo Finance's Akiko Fujita, Dan Howley, Ines Ferre and Emily McCormick discuss.

  • Apple hires the engineer who led the design of Tesla's car interiors
    Engadget19 hours ago

    Apple hires the engineer who led the design of Tesla's car interiors

    Nobody really knows -- except those inside the company -- what Apple hasplanned for self-driving cars, but it appears to be making moves to ensure ithas the right people to be a major player

  • Watch an electric Ford F-150 tow over a million pounds
    Engadget20 hours ago

    Watch an electric Ford F-150 tow over a million pounds

    Ford is trying to show its rabid pickup truck fans that EVs aren't just for latte-sipping Tesla pilots. In an impressive demonstration of torque, an electric F-150 prototype towed 10 double-decker rail cars stuffed with 42 current-model F-150s, weighing over a million pounds (500 tons) in total. That shows promise that it could beat Ford's current towing champ, the 2019 F-150 with a 3.5L twin-turbocharged V6, that's rated to tow 13,200 pounds (6.6 tons).

  • Earnings: 3 Stocks to Watch This Week
    Motley Fool5 hours ago

    Earnings: 3 Stocks to Watch This Week

    Tesla, Amazon, and Twitter are on deck. Here's what you need to know.

  • Earnings Watch: Facebook’s fine, Boeing’s bind and Tesla’s bottom line
    MarketWatch6 hours ago

    Earnings Watch: Facebook’s fine, Boeing’s bind and Tesla’s bottom line

    Last quarter, Boeing Co., Facebook Inc. and Tesla Inc. played “Hold my beer” amid controversies; three months later, it is time for an update as they work through their issues.

  • Think Tesla Will Soon Dominate Pickups? Think Again, Says Ford
    Motley Fool8 hours ago

    Think Tesla Will Soon Dominate Pickups? Think Again, Says Ford

    The Blue Oval just sent Elon Musk a 500-ton message.

  • Tesla's (TSLA) Inflection Point: Earnings After The Bell Wednesday 7/23
    Zacks9 hours ago

    Tesla's (TSLA) Inflection Point: Earnings After The Bell Wednesday 7/23

    TSLA is currently riding this $250 inflection point, and the earnings release after close on Wednesday is going to dictate whether TSLA bounces off or surges through this price level.

  • Registration data suggests Tesla Model S and Model X sales are plummeting in California
    American City Business Journals9 hours ago

    Registration data suggests Tesla Model S and Model X sales are plummeting in California

    The Model S, the luxury sedan that put Tesla on the map, is starting to show its age, with new registrations in California sliding sharply.

  • Barrons.com11 hours ago

    Tesla Stock Can Triple in Price: Fund Manager

    Tom Choi of Third Square Capital says recent negative concerns about Tesla create a great buying opportunity in the auto maker’s shares.

  • Could Ford’s Q2 Earnings Push Its Stock Even Higher?
    Market Realist13 hours ago

    Could Ford’s Q2 Earnings Push Its Stock Even Higher?

    Ford's second-quarter earnings results are scheduled for release on July 24. So far, Ford stock has outperformed its legacy peers.

  • TheStreet.com13 hours ago

    More Proof That Ford Will Eat Tesla's Lunch in the Next Two Years

    Ford unveils prototype electric-powered F-150, showing that it's ahead of Tesla in the race to build electric pickup trucks.

  • Ask Tesla, Apple, Lyft, and More Companies Questions
    SAY13 hours ago

    Ask Tesla, Apple, Lyft, and More Companies Questions

    Sound the alarms—and the Cisco hold music— it’s earnings call season! Earnings calls are when a company’s management gets on a public conference call with analysts to answer questions about what’s in its quarterly earnings report and what’s going on with the profits, losses, and anything else that might move the stock. Sometimes the calls are business as usual. And sometimes, well, they are not. And while analysts are the ones who do most of the question asking on earnings calls, we here at Say think a company's everyday shareholders, who are just as vested in its outlook, should also be able to have their questions answered. Since early 2019, we’ve been testing our Earnings Call question-and-answer platform with Tesla, which used Say to field questions from shareholders during its Q4 2018 and Q1 2019 calls, as well as during its annual shareholder meeting. Now we’re opening up the platform to investors in more companies, including Tesla, Apple, Lyft, Spotify, Knoll, Activision Blizzard and Aurora Cannabis. Call Dates: Tesla 7/24 at 2:30 PM PST/5:30 EST Knoll 7/25 at 10 AM EST Apple 7/30 at 2 PM PST/5 PM EST Spotify 7/31 at 8 AM EST Lyft 8/7 at 2 PM PST/5 PM EST Activision Blizzard 8/8 4:30 PM EST Aurora Cannabis 9/24 Time TBD Learn more: Who can participate: Any shareholder. Shares you've purchased through ETrade, Robinhood, or any other brokerage give you access. Even better, owning company shares indirectly through a mutual fund (like a retirement 401k) or ETF, also gives you access. Huh? People often aren't aware which companies are inside their mutual funds or ETFs, or that owning these funds even makes them an "investor" or a "shareholder." These titles are not just for wealthy or super-serious people who don't break into a cold sweat when they think about retiring. For example, funds from Vanguard and Fidelity can have shares hundreds of companies within them. Once you sign up with Say, we'll let you know exactly what you own inside your fund, whether it's Apple, Tesla, or another company. Basically, this means you may be able to participate in an Earnings Call and not even know it. How it works: Shareholders confirm their shares and can submit questions as well as vote for the ones they most want answered ahead of the call. The company might then answer a selection during the call. Will the company answer my question if it gets the most votes? Nope, not necessarily. It’s up to companies to decide which questions they’ll answer, if any. What happens to the Q&A; forum or my questions after a call’s over? They’ll stay archived on Say’s site and remain viewable and shareable. Questions that are answered will be flagged with the company's responses. Watch the video up-top to take a spin through the platform and ask away. --Elizabeth Thompson and Chloe Imus

  • Tesla’s Q2 Earnings: Can Record Deliveries Drive Profits?
    Market Realist13 hours ago

    Tesla’s Q2 Earnings: Can Record Deliveries Drive Profits?

    Tesla's Q2 earnings are expected after the markets closes on Wednesday. Find out what investors can expect from earnings call and the company's outlook.

  • It’s Getting Harder and Harder to Stay Bearish on Tesla Stock
    InvestorPlace13 hours ago

    It’s Getting Harder and Harder to Stay Bearish on Tesla Stock

    Tesla (NASDAQ:TSLA) stock had a definitive moment of reckoning. In fact "month of reckoning" may be more appropriate to describe Tesla stock. Click to Enlarge Source: Shutterstock In May shares were down a precipitous 25 percent. Since that bottoming out, shares have rebounded nicely with a better-than-expected second quarter.TSLA shares are still down 14 percent for the year, but certain fundamentals do seem to be headed in the right direction. In particular, progress in China seems like it could be a major catalyst for TSLA stock in the coming quarter or two.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAfter the May selloff, advances in the Chinese market, and improvements in Model 3 sales, my bearish attitude toward the company is beginning to shift. China and Tesla StockWall Street analysts who just got back from China indicated that "Tesla could open its Shanghai Gigafactory even sooner than expected."After much speculation over the Gigafactory and sarcasm on Twitter, a report from Morgan Stanley (NYSE:MS) showed that TSLAQ folks might have to eat their words.Analysts told clients that Tesla could open its Chinese factory sooner than expected. Their research note went on to give their feedback from a visit to local suppliers."If they're [the suppliers] right, Tesla may be able to ramp China production faster than we have currently anticipated in our model."Though Morgan Stanley left their rating on the stock unchanged, the note undeniably skews bullish with the China team saying, "We expect Tesla will be the leading luxury EV player in China."A cheaper, domestically produced model has the potential to "unlock pent up demand."The China factor is not being fully priced in at current levels. Model 3 Catching OnThe Model 3 is another potential catalyst for TSLA. Initially, there were a lot of issues about shoddy production and mechanical problems with the vehicle. However, sales for the lower-cost model have been good relative to other competitors.Over the past four quarters, the Model 3 has been outselling the Camry, Accord, and Civic by revenue. In terms of units sold, the Model 3 has been outselling all of its competitors combined, including the Mercedes C-Class and BMW 3-Series.The numbers look pretty good so far, and given the market potential based on the company's analysis of trade-ins, there is still a lot of market share the Model 3 has the opportunity to take. The global market for non-premium vehicles in the Camry/Accord price range alone amounts to tens of million cars.It's not a guarantee that Tesla gets the lion's share of those trade-ins, but it's certainly a possibility given how Model 3 sales have been trending over the past year. Final Word on Tesla StockThat underlying improvement in the international business in addition to a bit of relief from the relentless pressure of bears throughout the year could see TSLA stock back at least at breakeven performance.Overall, CEO Elon Musk seems to be spending less time fending off TSLA haters on Twitter (NYSE:TWTR) and more time on the strategic buildout of the business. His charisma and vision are still important marketing assets of the Company, however intangible they may be, but there is a time for loud proclamations and a time for delivering on those proclamations.After a brutal May, it seems Musk saw that it was time to refocus on execution and delivering on milestones, and he's doing just that. Better things are ahead for TSLA shareholders.As of this writing, Luce Emerson did not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy From This Superstar Fund * 7 Stocks to Buy This Summer Earnings Season * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk The post It's Getting Harder and Harder to Stay Bearish on Tesla Stock appeared first on InvestorPlace.

  • All Eyes on Tesla (TSLA) Stock Ahead of Earnings; Wedbush Remains Neutral
    TipRanks14 hours ago

    All Eyes on Tesla (TSLA) Stock Ahead of Earnings; Wedbush Remains Neutral

    As Tesla’s (TSLA) stock is up 45% over the past six weeks, Wednesday may be the most important day of the year for the company.The electric car giant will release earnings tomorrow, and investors are eager to see solid numbers to back-up the recent stock surge. Specifically, investors will be looking at Model 3 gross margins and management guidance for the next quarter and remaining of the year. The company said it has become more efficient with building the Model 3, indicating improved growth margins, while another recent price cut makes investors curious to see if management believes demand is still strong moving forward.The market has divided itself into two camps. The bulls argue that the worst is behind Tesla as it’s focusing on getting the business growing. The bears argue that the market is too optimistic about Tesla’s prospects for expanding electric-car sales. Wedbush analyst Daniel Ives has found himself in the middle. Ahead of the print, Ives reiterates a Neutral rating on Tesla stock, with a $230 price target. (To watch Ives’ track record, click here)Since Tesla has already reported stronger delivery numbers, Ives says “all eyes… will be around the margin profile in the quarter and most importantly Tesla’s profitability outlook for the next few quarters.” The analyst continues “to believe that despite the impressive 2Q demand rebound, the ability to hit its aggressive FY19 unit guidance of 360k to 400k will be a Herculean task.” Looking ahead, Ives believes that if the company can show sustainable unit demand the next few quarters, this would mark a “major inflection point in the Tesla story and a potential thesis changer for the skeptics moving forward.” But demand continues to be a “hot button issue on the Street,” which is prompting Ives and other investors to hold back for now. Aside from demand and deliveries, profitability concerns remain. The analyst points out that gross margin needs to tick up, and the recent price cuts for the Model 3 are adding to this issue. While the company was able to see high margins for its high-priced S and Y models, the Model 3 is its affordable and mainstream offering and is expected to continue leading the company forward. Without strong margins, many are concerned there is not a clear path to sustained profitability. But the counter-argument is that if demand and deliveries increase, efficiencies will increase and margins improve. Investors are hoping that is the case for this quarter. All in all, though Tesla stock is up big over the past month, many on Wall Street are still waiting for sustained results. TipRanks analysis of 26 analyst ratings shows a Hold consensus, with eight analysts saying Buy, six Hold and 12 Sell. The average price target among these analysts stands at $262.64, which implies a slight upside potential from current levels. (See TSLA’s price targets and analyst ratings on TipRanks)

  • Success in China Is Just the Catalyst to Get Tesla Stock in Gear
    InvestorPlace14 hours ago

    Success in China Is Just the Catalyst to Get Tesla Stock in Gear

    Tesla, Inc. (NASDAQ:TSLA) is seemingly never far from controversy and never short of detractors, but Tesla stock is up 14% this month and has surged nearly 46% off its recently touched 52-week low. Click to Enlarge Source: Shutterstock Elon Musk's company reports second-quarter results on Wednesday, July 24 and while it is likely Tesla delivers another quarterly loss, if the company can confirm that it well 360,000 to 400,000 electric cars this year (or more) Wall Street is likely to forgive another money-losing quarter.The California-based company already said second-quarter sales surged, reaching a record and fueling a rebound in Tesla stock.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAdditionally, the expected quarterly loss of 41 cents a share is well below the loss of $3.06 a share in the year-ago period, and sales are expected to be $6.5 billion, up from $4 billion in the second quarter of 2018. * 10 Stocks to Buy From This Superstar Fund Often prone to missteps, Tesla looks like it's starting to make some of the right moves, including asserting itself in China, arguably the world's most important electric vehicle market. Data indicate Tesla may be getting its act together in China faster than expected."They expect production in the Shanghai plant to start in November, the analysts said. The factory is likely to make 35,000 to 40,000 vehicles by next year, and around 60,000 in 2021," MarketWatch reports, citing Morgan Stanley. Growth and Tesla StockAs has been widely noted, the electric vehicle industry is the future of the automotive and growing at a rapid pace, perhaps more rapid than many analysts anticipated."Electric vehicles (EVs) generally, and Tesla specifically, seem to be breaking the 's-curve' adoption mold," said ARK Investment Management. "According to our research, EV growth is stealing the march from the traditional auto industry, and Tesla is leading the charge, so to speak."ARK, an issuer of active and passive exchange traded funds, is a noted Tesla bull and features Tesla stock among the top holdings in some of its active ETFs. So yes, ARK has skin in the Tesla stock game, but data do confirm the notion that EV adoption is picking up faster than originally forecast.According to ARK:"The rapid growth of the EV market has caught many analysts flat-footed…Four years ago, the Energy Industry Administration (EIA) among other forecasting agencies estimated that EV sales would total a few hundred thousand units in the early 2020s. After they hit 1.45 million units in 2018, the same agencies now forecast that EV sales will increase to roughly 4-4.5 million in 2023, suggesting that their growth will decelerate from 79% last year to 25% at an annual rate during the next five years. Based on Wright's Law, ARK's forecast for EV sales in 2023 is 26 million units, roughly six-fold higher than the consensus estimate, with growth compounding at at a 78% annual rate."Interestingly, Tesla's share of the EV market has been mostly steady, checking in at 17% last year, up from 13% in 2017 and slightly higher than the 16% seen from 2014 through 2016.Part of the reason for that is Tesla is classified as a luxury carmaker. The cheapest car the company currently offers is around $40,000. Bottom Line on Tesla StockDon't scoff at luxury or focusing on a market segment's high end. Making aspirational products can, when properly executed, be a major driver of shareholder returns. Prime example: Apple Inc. (NASDAQ:AAPL)."ARK expects Tesla to follow in Apple's footsteps, losing share as it continues to dominate the high end of the market," said ARK. "In our bear case, during the next five years Tesla could lose two-thirds of its market share, dropping from 17% share to 6%, while its sales increase 47% at a compound annual rate from 245,000 in 2018 to 1.7 million in 2023."Fun fact: Tesla's Model 3 was the top selling luxury car in the U.S. last year. In other words, the catalyst for Tesla stock is not EV prices coming to parity with traditional cars, that is of little consequence to Tesla. To drive Tesla stock higher, the company needs to execute at the market's upper echelon and that means doing with so many of the problems that buyers complain about on social media (software issues, paint problems, slack service and more).Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy From This Superstar Fund * 7 Stocks to Buy This Summer Earnings Season * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk The post Success in China Is Just the Catalyst to Get Tesla Stock in Gear appeared first on InvestorPlace.

  • Barrons.com15 hours ago

    Tesla’s Liquidity May Be Turning a Corner, Analyst Says

    Analysts are posting last-minute updates as investors await second-quarter financial results, due Wednesday evening.

  • Bears Hold the Edge Ahead of Tesla Earnings
    Investopedia15 hours ago

    Bears Hold the Edge Ahead of Tesla Earnings

    Tesla has rallied into heavy resistance after a May breakdown dropped the controversial stock to a two-year low.

  • Tax-Break Cut Is Likely to Sink Tesla Stock
    InvestorPlace15 hours ago

    Tax-Break Cut Is Likely to Sink Tesla Stock

    Tesla (NASDAQ:TSLA) stock is expected to report its second-quarter results tomorrow after the market closes, and the owners of Tesla should be prepared for the company to provide weaker than expected Q3 guidance.Source: Shutterstock That's because the federal tax credit that buyers of its vehicles receive was slashed by 50% after July 1 to $1,875The last time the federal tax break on Tesla's vehicles fell by 50% was January 2019. Tesla's Q1 results subsequently missed analysts' average expectations by a wide margin, sending Tesla stock into a talispin. TSLA stock still hasn't fully recovered from that blow, as the shares have lost 23% in 2019. But Tesla stock rallied 21% in June, and it has climbed 165 in the last month.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Why a Guidance Miss Is LikelyIt makes sense that Tesla's results would be very weak in the quarter after the federal tax break on the company's vehicles take a big hit. That's because, after having learned that the tax breaks are going to drop meaningfully soon, many consumers rush to buy Tesla vehicles before the tax credits decline. As a result, there's not a great deal of demand for the company's vehicles in the quarter after the breaks expire. * 10 Stocks to Buy From This Superstar Fund So it shouldn't have been too surprising that, ahead of the tax credit decline on July 1, Tesla reported higher-than-expected Q2 sales.But most analysts may have again greatly underestimated the negative impact of the tax-break cut on the subsequent quarter's results. Analysts, on average, expect Tesla's earnings per share to come in at a loss of 43 cents, up from a loss of $3.06 per share in the same period a year earlier. As a result, Tesla's guidance could easily miss the consensus estimate, causing TSLA stock to lose much of the ground it had made up in June and July. Tesla Stock Is Facing Other HurdlesTesla's competition is constantly increasing, as top automakers continue to provide consumers with many more electric-car models from which to choose. And some automakers, including Jaguar, Audi, and Volkswagen, have fairly popular electric-car models that continue to qualify for the full federal tax credit.Furthermore, Tesla Model 3 received a number of poor reviews, with Consumer Reports rescinding its"recommended" rating from the vehicle in February 2019, citing "some body hardware and in-car electronics problems, such as the screen freezing," along with "complaints about paint and trim issues," as well as concerns about the reliability of the vehicle's touch screen.Yesterday Roth Capital analyst Craig Irwin downgraded Tesla stock to the equivalent of "hold" from "buy," citing valuation. And in a bad sign for Model 3 demand and Tesla stock, the company cut the prices of its Model 3 vehicles by $1,000-$5,000, Clean Technica reported on July 17. If the vehicle was selling like hotcakes, Tesla would likely not have cut its prices.Tesla may report some positive news soon, as the Model 3, which recently arrived in China, could become quite popular in the Asian country. Excitement about the company's upcoming Model Y crossover vehicle could also begin to build soon.But following the rally of Tesla stock in recent weeks, a meaningful amount of positive news is probably already baked into TSLA stock, whose forward price-earnings ratio now stands at over 49. Consequently, any good news probably won't meaningfully lift TSLA stock in the near and medium terms. The Bottom Line on Tesla StockGiven the July 1 decline of the federal tax credit on Tesla's vehicles, there's a good chance that Tesla's Q3 guidance will miss expectations, causing TSLA stock to decline. Meanwhile, TSLA is facing increased competition and still has to combat some negative perceptions about its Model 3 vehicle. While the company could be boosted by some good news in the near and medium terms, it probably won't lift TSLa stock much, given the shares' high valuation.Given this outlook, investors may want to sell their shares of TSLA stock ahead of the company's Q2 results.As of this writing, the author did not own shares of any of the aforementioned stocks. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy From This Superstar Fund * 7 Stocks to Buy This Summer Earnings Season * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk The post Tax-Break Cut Is Likely to Sink Tesla Stock appeared first on InvestorPlace.

  • 10 Lithium Stocks to Buy Despite the Market’s Irrationality
    InvestorPlace16 hours ago

    10 Lithium Stocks to Buy Despite the Market’s Irrationality

    Editor's note: This story was previously published in June 2019 and has since been updated and republished.No matter how innovative or utilitarian a new platform may be, all modern technologies require a catalyst to operate. For most devices, this requirement translates into a lithium-based power source. Nowadays, almost everything we use runs on the silver-white metal. Logically, the idea of buying lithium stocks is a frequently made suggestion.However, the markets sometimes deploy their own logic, which seemingly runs counter to the fundamentals. For instance, industry demand for lithium remains robust, and is likely to increase as electronics manufacturers pump out smart devices. Yet the benchmark exchange-traded fund Global X Lithium ETF (NYSEARCA:LIT) is down approximately 19% over the past year.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks to Buy From This Superstar Fund Why the disconnect between lithium stocks and underlying industry demand? Mostly, experts in the field forecast an overabundance of supply due to mining companies ramping-up production. Additionally, last year Morgan Stanley analysts predicted a massive drop in the commodity's price over the next few years that could outpace even tremendous demand from electric-vehicle companies.Of course, the other major concern is a more recent development: The escalating U.S.-China trade war. I say escalating because while the two sides are talking, we're seeing no substantive evidence of a potential deal. Continuing rhetoric isn't conducive to the success of lithium stocks.Let's not forget that China has a massive stockpile of lithium. Furthermore, they regard the commodity as "white petroleum," and are actively seeking to dominate its supply chain. Although opinions vary on this dynamic, in my view, that's net bullish for lithium stocks due to the tech industry's ever-rising demand.With that in mind, here are my ten picks for lithium stocks to take advantage of the market's irrationality. Albemarle (ALB)Several of the lithium stocks that analysts commonly discuss are admittedly speculative affairs. As a result, the downturn in the lithium market has severely and disproportionately impacted the industry's direct competitors. But for a solid, renowned organization like Albemarle (NYSE:ALB), the selloff presents a viable contrarian opportunity.Source: fdecomite via Flickr (Modified)I'm not going to beat around the bush: ALB stock has taken a massive beating, even compared to the lithium industry's bloodbath. Over the past year, shares have lost nearly 20% in the markets.That said, I'm encouraged with some positives in the company's financials. After absorbing a disappointing dip in revenues in 2016, Albemarle bounced back the following year. The growth continued in 2018 with revenues growing from $3.07 billion to $3.37 billion. ALB reported Q1 earnings-per-share that was in-line with analysts' consensus estimates and revenue that beat the average outlook.Despite geopolitical saber-rattling, the outlook for lithium remains strong. Experts forecast nearly a 9% lift in global demand through 2019. Thus, the present weakness in ALB stock is a great entry point. Sociedad Quimica y Minera (SQM)Due to its sheer dominance in the sector, no discussion about lithium stocks is complete without mentioning Sociedad Quimica y Minera (NYSE:SQM). SQM is based in Chile, which according to CNBC enjoys the world's largest lithium reserves. In fact, CNBC was quite emphatic about this point, noting that no other nation comes close to Chile's 7.5 million metric tons of the hotly demanded metal. Click to Enlarge Source: Shutterstock Unfortunately, as with many other lithium stocks, SQM suffers from a divergence between fundamental bullishness and technical trading. Over the past year, shares are down over 33%.But what's truly compelling about SQM stock is the general stability of the underlying company's host nation. Historically, relations between the U.S. and Chile are favorable. While that might have changed over the past two-and-a-half years, the U.S. still represents a critical trading partner to Chile. * 7 Defense Stocks to Buy to Fortify Your Portfolio When you're dealing with lithium stocks, you're already in a volatile market. With SQM, you can at least take away some political variables. Tesla (TSLA)For some time, Tesla (NASDAQ:TSLA) was one of my favorite tech firms to discuss. Much of my enthusiasm had to do with CEO Elon Musk, a man who consistently thinks out of the box. Click to Enlarge Source: Shutterstock But for owners of TSLA stock, I'm sure many of them wish he would stay in the box occasionally. For all the positives that Tesla delivered to the technological and scientific communities, the CEO made multiple unforced errors.You can take a look at the chart for TSLA stock and see what those errors -- along with a general lack of focus -- have done. It's not pretty.In the spirit of full transparency, I've lost patience with Musk. I also have some questions about the effectiveness of Tesla vehicles.That said, if you want to speculate on lithium and battery stocks, you may want to consider TSLA. Recently, Musk suggested that Tesla may get into the lithium-mining business to support the company's larger-scale growth plans.Out of the crazy things Musk has said recently, this is one that finally makes sense. Although I'm not entirely convinced, commodity bulls may find that this is the perfect turnaround narrative. Panasonic (PCRFY)Speaking strictly from a product fanbase perspective, few companies generate as much buzz as the aforementioned Tesla. I've repeatedly called Elon Musk eccentric, but that same eccentricity inspires him to create aesthetically and technologically stunning cars. However, many folks might not appreciate just how important of a role Panasonic (OTCMKTS:PCRFY) plays in Tesla's success. Click to Enlarge Source: Shutterstock When most people hear the name Panasonic, they immediately think about consumer-electronic devices. While that's very much part of their business and legacy, the company is also shifting heavily toward lithium-based technologies.Panasonic and Tesla developed a strong if somewhat under-appreciated partnership. Notably, Panasonic manufactures Tesla vehicles' lithium-ion batteries at Tesla's vaunted Gigafactory. * 10 Tech Stocks That Are Still Worth Your Time (And Money) More importantly, all signs point to the two companies continuing their relationship into other business ventures. Call it a corporate "bromance" that looks to be a viable opportunity for long-term gains. This idea gets more credibility considering that PCRFY has suffered the same fate as other lithium and battery stocks. PCRFY is down roughly 5% since the year-ago period.But if Tesla manages to get out of its funk, I can see PCRFY tagging along for the ride. Additionally, Panasonic can use its acumen with other key tech-based partnerships.Livent (LTHM)In the entertainment world, audiences look forward to spin-offs to provide further insights into favorite plotlines and characters. But within the investing segment, spin-offs are touch-and-go affairs. Click to Enlarge Source: FlickrJust take a look at Livent (NYSE:LTHM). Formerly the lithium arm of FMC (NYSE:FMC), LTHM stock began life as its own publicly traded entity in October 2018. To put it mildly, results are not favorable, with shares down a whopping 59% since the initial public offering.But much of that pain didn't start until May, when Livent disappointed for its first-quarter earnings report. Management cut its full-year revenue and profit forecasts due to weak demand, particularly for its higher-end lithium products. Even worse, it looks as if there will be a class-action lawsuit tied to the company's IPO.But lithium demand broadly is not going away. From smaller electronics to large batteries, everyone is diving into this sector. Therefore, LTHM stock attracts as a speculative contrarian opportunity. Power Metals (PWRMF)Contrary to what some may believe, not all lithium-mining processes are the same. Currently, the two most popular methods are lithium brines and lithium-cesium tantalum pegmatites or more commonly referred to as "hard rock." Click to Enlarge Source: Shutterstock Lithium brines represent the most popular method to which most lithium stocks are levered. However, the drawback is that the process is vulnerable to weather-related issues.Given that industry demand for the metal is constantly rising, unfavorable weather could severely impact production. To get around this issue, lithium miners are exploring hard rock, which is essentially weather-independent.One mining company that's putting the hard-rock concept to the test is Power Metals (OTCMKTS:PWRMF). With several projects spread around resource-rich Canada, Power Metals aims to be a significant provider of lithium. Plus, the company's geographically stable region is a big positive for PWRMF stock. * 7 Stocks Top Investors Are Buying Now That's the good news. The not-so-great news is that PWRMF is a genuine, over-the-counter penny stock. Shares are down 53% over the past year, which tells you all you need to know. Still, if you're looking for a potentially explosive contrarian play among lithium and battery stocks, Power Metals is it. Just bet carefully and responsibly. Lithium Americas (LAC)Lithium Americas (NYSE:LAC) is a direct but completely speculative gamble on the growth potential of lithium stocks. While LAC earned itself a healthy dose of street cred with its joint venture with Sociedad Quimica y Minera, the company has no production assets. Click to Enlarge Source: Shutterstock That's not necessarily a deal-breaker as it has legitimate plans to attain those assets. Still, you're taking a risk that management will follow through.And while the markets have not been kind to lithium stocks, LAC has already climbed back into gain territory adding more than 18 percent year over year.I believe that analysts' consensus bearishness toward the lithium industry is overplayed. Yes, commodity prices fluctuate year-to-year for various reasons. However, the demand for lithium is broadly trending higher.It's not just electric vehicles and other physically imposing technologies that require lithium. Consider that the burgeoning e-cigarette or vaporizer market requires a healthy lithium supply chain to keep running.So long as the drive for innovation exists, so too will lithium demand. This adds some measure of confidence to the otherwise speculative LAC stock. Galaxy Resources (GALXF)Most direct plays in the lithium sector invariably involve mining stocks. Even in the best circumstances, commodity miners aren't known for their stability and reliability. That said, one of the better ways to help mitigate this risk is to seek companies with diversified portfolios. Galaxy Resources (OTCMKTS:GALXF) is one such example. Click to Enlarge Source: Shutterstock Galaxy's primary claim to fame is its Sal de Vida project, located in northwest Argentina. Situated in what industry experts term the "lithium triangle", the area produces more than 60% of global annual lithium supply.Beyond that, GALXF has projects in its native Australia, as well as Canada. Both regions are geopolitically stable, eliminating a major headache for investors. * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip Regarding risk factors, you should note that GALXF is now a legitimate penny stock with a share price under $1. During the past year, shares have plummeted over 85%. Some of that is due to the volatility of a relatively new market.Certainly, that's a distraction for Galaxy and other lithium stocks. However, do note that automakers like Toyota (NYSE:TM) could help pick up the slack. Toshiba (TOSBF)Similar to Panasonic, Toshiba (OTCMKTS:TOSBF) is primarily known for its electronic devices, particularly its laptop computers. While their primary businesses are unlikely to change, Toshiba is shifting resources heavily toward lithium technologies. It has already achieved substantial success with high-power, quick-recharging batteries, with more innovations in the pipeline. Click to Enlarge Source: Shutterstock And while TOSBF is a legitimate play on lithium-based battery stocks, its multi-varied product portfolio affords it volatility protection. Shares are up roughly 8% year-to-date, despite taking a severe tumble beginning in May.The other advantage for Toshiba is that the company has suffered from prior missteps. Having taken the ugliness out of the way, the company is on a recovery path.As such, TOSBF offers meaningful exposure to lithium while effectively acting as a hedge. Pilbara (PILBF)Taking a cue from other lithium stocks, Pilbara (OTCMKTS:PILBF) has absorbed a beating. On a YTD basis, PILBF stock is down nearly 24%. Over the trailing 52-week period, the Australian lithium-tantalum miner has dropped a staggering 39%. Click to Enlarge Source: FlickrOf course, this specific mining segment is in a tough spot. While demand is broadly rising, economic tensions between the U.S. and China cloud matters. That conflict has hurt automotive forecasts for EVs, which has deflated sentiment for lithium stocks.Still, despite the ugliness around PILBF stock, I like its potential as a high-risk, high-reward opportunity. Pilbara gets its name from Australia's resource-rich Pilbara region.And the company's Pilgangoora Project sits atop one of the largest lithium-ore deposits in the world. * 7 Dependable Dividend Stocks to Buy A major plus for PILBF is that its key mining project is near established infrastructure. That means it can get its products out to port and feed global demand when it returns.It's a long shot, but PILBF stock features an intriguing narrative, especially at these deflated prices.As of this writing, Josh Enomoto was long TOSBF. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Companies Apple Should Consider Buying * 7 Beaten-Up Housing Stocks Due for a Bounce Back * Take Buffett's Advice: 5 Vanguard Funds to Buy The post 10 Lithium Stocks to Buy Despite the Market's Irrationality appeared first on InvestorPlace.

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