Uber's stock has been on a tear in 2025. Shares are up over 55% through July 3. Even so, as the chart shows, Uber's P/E ratio is at a low level compared to where it was a year ago, and it's far below Tesla's lofty earnings multiple as well.

After sell-offs in yesterday's trading, Tesla (NASDAQ: TSLA) stock is rising Wednesday. The company's share price was up 4.6% as of 2 p.m. ET amid the backdrop of a 0.3% gain for the S&P 500 and a 0.7% gain for the Nasdaq Composite.

During Tesla's earnings call earlier that month, Musk promised shareholders he would spend more time at HQ in Austin, Texas, this quarter and wrap up his work in Washington. Since that day, the stock has been up double digits,