Tesla Stock Is Down More Than 23% From Its Recent Highs -- Here's Why

Motley Fool2021-04-06

The electric car industry is becoming crowded. Tesla (NASDAQ:TSLA) had a great 2020. Despite the COVID-19 pandemic, Tesla managed to deliver 36% more cars than it did in 2019. It rolled out exciting ...

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Comments

  • Sfun
    2021-04-06
    Sfun
    Hold?
  • Lynny
    2021-04-06
    Lynny
    At present EV makes up only a tiny fraction of the auto market. The expected exponential increase in conversion to EV will create a huge market with many more EV players apart from just Tesla. This is not necessarily bad for Tesla as there is room for more than 1 dominant player. Also we know Tesla is more than just an EV company, with autonomous vehicles and robotaxis, energy and battery businesses all in the works. Long Tesla!
    • Lynny
      That too?
    • Sumei
      The “narrow” analysis of Tesla reminds me of how Apple was seen to be just a hardware or mobilephone company...
    • Avestor
      Haha. You meant to say, “Long Live Tesla!”, right?
  • capsulefong
    2021-04-06
    capsulefong
    Like and comment. Thanks 
  • SalTheFun
    2021-04-06
    SalTheFun
    Good time to get in 
  • cozyli
    2021-04-06
    cozyli
    Good time to buy?
  • JiaJun87
    2021-04-06
    JiaJun87
    Buy
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