Many tech stocks have performed well in 2023, including (NASDAQ: TSLA), whose shares are up an incredible 107% (as of Aug. 2). Having a favorable market environment, as evidenced by the Nasdaq Composite Index's 34% rise this year, also helps.
Investors are likely warming up to growth stocks again following a difficult year in 2022. And as the top electric vehicle (EV) company, Tesla is once again attracting a lot of attention.
Is the business a worthy addition to your portfolio? Let's dive deeper into the world of Tesla.
Source Fool.com