Should You Buy Tesla While It's Below $300?

Shares of (NASDAQ: TSLA) are up a whopping 672% in the past five years and 2,050% in the past decade. However, investors have had to deal with tremendous levels of volatility, which doesn't make owning the disruptive business easy at all. And after a post-election surge, the stock is now down 45% from its peak.

As of this writing, Tesla trades below $300 per share. Does this price make the electric vehicle (EV) stock a smart buying opportunity?

Between 2013 and 2023, Tesla's growth was truly spectacular. Revenue surged 48-fold during that time, thanks to expanding vehicle production and rising deliveries. The business made a name for itself by bringing EVs to the masses, driving strategic shifts in the broader industry, a vertically integrated approach, and of course, well-designed and tech-forward cars.

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Source Fool.com