Less than 12 months ago, Tesla (NASDAQ: TSLA) stock reached an all-time high of $414.50 -- adjusted for its recent 3-for-1 stock split. But it has since declined by more than half, touching a new 52-week low of $204.16 last week amid a slowing economy and the deepest bear market in the technology sector since the 2008 Global Financial Crisis. 

But Tesla still holds plenty of promise as a business, especially over the long term. Here's why investors should use the dip in its stock as a buying opportunity. 

Image source: Tesla.

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Source Fool.com