Tesla Stock Has Tanked 27% in 2024: Is It Time to Buy the Dip?

As we're about a month into the new year, investors might still be focused on reassessing their portfolios. Part of this means looking at companies that performed well last year and thinking about whether they could do so again in 2024.

Just look at electric vehicle (EV) maker (NASDAQ: TSLA). Its shares soared 102% last year. But as of Jan. 25, they have tanked 27% so far in 2024.

Should investors buy this top EV stock on the dip?

Continue reading


Source Fool.com