Should You Invest in Tesla Right Now?
Many investors may feel they have missed the boat with Tesla (NASDAQ: TSLA). While the stock has been up over 1,800% in the last three years, it has dropped more than 25% since early January. That shouldn't be too much of a surprise, however, with the stock valued for much success coming into this year.
But investments should be made looking forward, not back. Tesla, and the EV sector in general, is entering a new phase, and the company is positioning itself to continue to lead the way forward. While returns over the coming years may not match prior results, Tesla has a lot of irons in the fire. It's worth looking closely at whether now is a good time to invest.
Image source: Tesla.
Source Fool.com
