TSLA vs TSM: Which Is the Better Buy?

Side-by-side comparison of Tesla, Inc. and Taiwan Semiconductor Manufacturing Company Limited — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-04-22.
Tesla, Inc. · Consumer Cyclical
$387.51
-45.0% upside to fair value
Grade D
VS
Taiwan Semiconductor Manufacturing Company Limited · Technology
$366.24
+45.0% upside to fair value
Grade C High Quality
QuantHub Verdict
TSM has more upside to fair value (+45.0%). TSM trades at a lower forward P/E (27.2x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric TSLA TSM
Current Price $387.51 $366.24
Fair Value Estimate $213.13 $531.05
Upside to Fair Value -45.0% +45.0%
Market Cap $1,454.1B $1,899.5B
Forward P/E 330.0x 27.2x
EV / EBITDA 122.9x 17.3x
Price / Sales 15.3x 12.8x
Price / FCF 233.8x 51.6x
Revenue Growth YoY -3.1% +36.5%
Gross Margin 18.0% 61.9%
Operating Margin 4.6% 53.2%
Return on Equity 4.8% 36.9%
Dividend Yield 0% 0%
FCF Yield 0.43% 1.94%
Analyst Consensus Hold Strong Buy
Investment Thesis
TSLA — Tesla, Inc.
Tesla, Inc. is a leading global manufacturer of electric vehicles, energy storage, and solar products, led by CEO Elon Musk since 2008. The company has a mixed business quality profile with a strong brand and innovation leadership but faces significant challenges including declining automotive revenue, which fell nearly 10% year-over-year in 2025, and a 3.1% revenue decline in the most recent qua…
TSM — Taiwan Semiconductor Manufacturing Company Limited
Taiwan Semiconductor Manufacturing Company Limited (TSMC) is the world's leading pure-play semiconductor foundry, commanding approximately 60% of the global advanced node foundry market. The company benefits from a durable competitive moat driven by its pioneering foundry model, massive scale, advanced manufacturing capabilities, and strong customer relationships with major technology firms. TSMC…
Accumulation Zones
Metric TSLA TSM
Zone Low $159.85 $398.29
Zone High $181.16 $451.39
In Buy Zone? No Yes
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