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Should You Buy Tesla While It's Below $500? [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Meanwhile, Tesla's core EV business is suffering, and vehicle sales fell below 40,000 in November. Tesla's stock is priced for perfection at a time when the company is trying to get back on track. These 10 stocks could mint the next wave of millionaires › Tesla (NASDAQ: TSLA) has been a fantastic stock for long-term investors, with returns exceeding 3,100% over the past decade. However, the company currently faces significant headwinds, as sales of its electric vehicles (EVs) are slowing, costs are rising, and it places big bets on unproven markets including robotics and autonomous vehicles (AVs). It's no surprise, then, that many investors are trying to determine what to do with Tesla stock. Is it a good time to buy with its shares priced under $500, or is it too early to take a risk on the company transitioning toward future technologies when its EV business is slumping? Here are three reasons why I believe it's best not to buy Tesla stock right now. Tesla CEO Elon Musk
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