(NASDAQ: TSLA) has become such a highly regarded business that it's included in the exclusive "Magnificent Seven" grouping, which consists of some of the most dominant and innovative companies the world has ever seen. But while shares have skyrocketed 1,070% in the past decade, they have disappointed investors in the past three years.
Nonetheless, this top electric vehicle (EV) stock is probably still on the radars of a lot of investors out there. Is Tesla a smart buy? To get to a final answer, let's consider both the bull and bear cases for the business.
Tesla deserves credit for disrupting the auto industry. Grounded on the belief that the world needs to reduce carbon emissions, the company introduced popular EVs to customers across the globe. And this spurred heavy investments in research and development among legacy car companies.
Source Fool.com