Tesla's stock trades at a high premium -- its forward price-to-earnings ratio is 135. That's quite expensive considering the S&P 500 's average P/E ratio is about 30.7. But until Lucid stops losing money and ramps up vehicle production,​​ Tesla wins this match-up hands down.

Tesla's stock price has been on a bit of a rally lately. The price is currently up almost 70 percent since election day, when Donald Trump became president-elect for a second time. This has boosted Tesla’s market capitalization from $807 billion up to $1.

Tesla's (TSLA) meteoric rise has taken it from a niche electric vehicle startup to a global icon of clean energy and autonomous innovation. Under Elon Musk’s vision, Tesla’s growth has been nothing short of extraordinary.

Shares of Tesla Inc. rose 2.27% to $430.60 Monday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 0.98% to 19,764.89 and the Dow Jones Industrial Average rising 0.

Tesla stock rose early Tuesday, adding to recent gains even as the auto industry prepares for its latest shake-up. Tesla stock was up 1.1% to $435.58 in premarket trading. Shares rose 2.3% on Monday.