Tesla Is Great. Here's Why You Shouldn't Buy It
There are some businesses out there that deserve the tip of a hat simply because of how revolutionary they have been and the disruption they have caused. Most people would agree that (NASDAQ: TSLA) fits into this category of industry trailblazers.
This top electric vehicle (EV) stock has worked out tremendously well for investors, as it has skyrocketed 1,100% in the past 10 years. But as Tesla trades an alarming 49% off its all-time high, you might be considering adding the business to your portfolio on the dip.
Don't get me wrong. Tesla is great, particularly because of its innovation, but here are three key reasons why you shouldn't buy it.
Source Fool.com
Tesla Inc Stock
€200.45
2.230%
Our community is currently high on Tesla Inc with 73 Buy predictions and 26 Sell predictions.
With a target price of 247 € there is a positive potential of 23.22% for Tesla Inc compared to the current price of 200.45 €.
