Tesla Is Great. Here's Why You Shouldn't Buy It
Investors will surely struggle to find better-performing stocks than (NASDAQ: TSLA). In the last decade, the maker of popular electric vehicles (EVs) has seen its shares skyrocket 1,030% (as of March 4). That performance is much better than the Nasdaq Composite Index overall.
But it hasn't been a rosy picture more recently. This top EV stock is currently 54% below its peak price.
Growth-oriented investors who missed Tesla's long-term returns might be salivating at the opportunity to add the stock to their portfolios at a discount. While this business is great, I don't think you should buy shares.
Source Fool.com
Tesla Inc Stock
€202.35
-0.520%
Our community is currently high on Tesla Inc with 73 Buy predictions and 29 Sell predictions.
With a target price of 245 € there is a positive potential of 21.08% for Tesla Inc compared to the current price of 202.35 €.
