Is Tesla Stock a Buy?

As one of the most valuable and innovative businesses in the world, (NASDAQ: TSLA) never really gets to spend time outside the spotlight. So, when it reported disappointing fourth-quarter and 2023 financial results on Jan. 24, the market's negative reaction made headlines.

Shares fell 12% the following day and they are down 24% year-to-date. This is an unfavorable trend given that the Nasdaq Composite has climbed 6% so far this year.

While they take a breather, is now the right time to buy shares of this leading electric vehicle (EV) maker?

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Source Fool.com