Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Should You Buy Tesla While It's Below $500?


(NASDAQ: TSLA) has been a fantastic stock for long-term investors, with returns exceeding 3,100% over the past decade. However, the company currently faces significant headwinds, as sales of its electric vehicles (EVs) are slowing, costs are rising, and it places big bets on unproven markets including robotics and autonomous vehicles (AVs).

It's no surprise, then, that many investors are trying to determine what to do with Tesla stock. Is it a good time to buy with its shares priced under $500, or is it too early to take a risk on the company transitioning toward future technologies when its EV business is slumping? 

Here are three reasons why I believe it's best not to buy Tesla stock right now.

Continue reading


Source Fool.com

Tesla Inc Stock

€412.35
3.530%
A very strong showing by Tesla Inc today, with an increase of €14.05 (3.530%) compared to yesterday's price.
Our community is currently high on Tesla Inc with 107 Buy predictions and 41 Sell predictions.
On the other hand, the target price of 404 € is below the current price of 412.35 € for Tesla Inc, so the potential is actually -2.02%.
Like: 0
Share

Comments