With a reputation that precedes its name, (NASDAQ: TSLA) has risen to become one of the most prominent companies in the world today. Yet, as much success as the company has had over the last few years, the start to 2024 has been rather dismal.

Since the beginning of this year, Tesla stock has shed more than 30% and is currently trading at its lowest point in nearly a year. But rather than panicking, investors should view this as a great opportunity to grab shares of a company whose products hold the potential to transform society.

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Source Fool.com