Tesla Stock: Bull vs. Bear

Meme stocks? Electric-vehicle stocks? Hypergrowth tech stocks? Whatever you call it, Tesla (NASDAQ: TSLA) is arguably the granddaddy of all of them. For investors who bought early -- or even as recently as a couple of years ago -- the returns on the stock have been nothing short of astounding.

But is there more upside to come? Or is the recent dip a sign that Tesla's share price has already run too far? It's fair to say that opinions are sharply divided on this endlessly fascinating company's stock. Here, two Foolish contributors present their cases for your consideration.

Rekha Khandelwal: I'm not a Tesla aficionado, but I think there is a bull case for Tesla even if we look at the company objectively. Let's begin with the company's sales growth. In five years, Tesla's quarterly revenue grew at an average year-over-year growth rate of 58%. By comparison, this average rate was nearly 7% for Volkswagen (OTC: VWAGY), 5% for Toyota Motor (NYSE: TM), 3.6% for General Motors (NYSE: GM), and -1.3% for Ford (NYSE: F).