Tesla: Beaten Down, Out-Of-Favor And A Strong Buy

On the Pulse
14.73K Followers

Summary

  • Tesla's stock has dropped 40% YTD due to political controversies, Cybertruck issues, and market maturation, but these are seen as short-term negatives.
  • Despite recent setbacks, Tesla's long-term growth potential remains strong, supported by its leading position in the U.S. EV market and robust delivery volumes.
  • Temporary factors like consumer boycotts and tariffs are expected to fade, offering a significant re-rating opportunity and potential alpha for investors.
  • Tesla's market share and new model launches, particularly the refreshed Model Y, are poised to drive future sales, deliveries, and profits.

Tesla Cybertruck display at a dealership. Tesla offers the Cybertruck with driving range of up to 340 miles.

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The stock of Tesla, Inc. (NASDAQ:TSLA) (TSX:TSLA:CA) has dropped into a downtrend lately, with the EV company’s stock price plunging by approximately 40% year-to-date.

A series of negative developments hit the electric-vehicle giant this year: Elon Musk’s political stance

This article was written by

14.73K Followers
A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the industry, and strive to provide readers with ample research and investment opportunities.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of TSLA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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