Tesla: The Bull and Bear Cases Right Now
Tesla (NASDAQ: TSLA) has taken investors on a roller-coaster ride since the start of 2022 -- falling, recovering, and then falling again. It's now down 30% year to date, which is a steep decline compared to the S&P 500's 14% slump. As a result, Tesla bulls are even more enthusiastically promoting this as a golden buying opportunity. Tesla bears, on the other hand, have not hesitated to warn investors that shares of Elon Musk's electric vehicle (EV) company could be heading much lower.
After surpassing a $1 trillion market capitalization at the end of 2021, the company's market value now sits at around $770 billion. Does the polarizing EV leader have what it takes to reclaim its $1 trillion status and continue to grow well into the future?
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Source Fool.com
