Over the trailing decade, few companies have outperformed quite like North America's leading electric-vehicle (EV) maker (NASDAQ: TSLA). As of the closing bell on Dec. 5, shares of the largest automaker by market cap had risen by nearly 2,500% from where they stood 10 years ago. Further, they're higher by 94% year to date.

But as Wall Street's most-famous disclaimer goes, "Past performance is no guarantee of future results."

Though it can be entertaining to look back at eye-popping performances, what matters most is where Tesla stock is headed in 2024 (and beyond). Thus, the all-important question is: Does Tesla stock remain a buy, even after a 94% year-to-date gain?

Continue reading

Source Fool.com