Is It Too Late to Buy Tesla?
Tesla (NASDAQ: TSLA) just reported a record quarter, and investors are jumping in the stock because of it. Many investors wanting more exposure in the electric vehicle (EV) sector may be wondering if today's pop means it's too late to buy Tesla.
After all, the competition is increasing from both EV start-ups as well as legacy automakers making the transition to electric. But Tesla has been showing that it can navigate headwinds including increasing raw material costs and production delays. For investors with the right mindset, it could still be a good time to buy Tesla shares.
Image source: Tesla.
Source Fool.com
