(NASDAQ: TSLA) stock is up 115% this year and has been one of the best-performing stocks of 2023. Over the last 10 years, shares skyrocketed a mind-blowing 3,970%. 

This type of performance wouldn't be possible if the business wasn't posting tremendous growth. Tesla has been a leader in the industry for electric vehicles (EV), and unsurprisingly, it commands a premium valuation today. The stock currently trades at a price-to-earnings ratio of 77. 

If this doesn't discourage you from wanting to become a shareholder, then perhaps it's a good idea to learn more about the company. With that being said, here are three things that smart investors know about Tesla. 

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Source Fool.com