Tesla Stock Is Down by 50%. Time to Buy?
Tesla stock is not for the faint-hearted.
Tesla's (NASDAQ: TSLA) investors have had a nerve-racking ride over the last few months. The stock soared to an all-time high on the back of enthusiasm accompanying Donald Trump's re-election, but it has given back all of those gains since peaking at $488 in December 2024. The stock closed Monday at $238.
Some bears are concerned about Elon Musk's political involvement, though the bulls remain steadfast about Tesla's long-term prospects. Is the stock a buy after its recent plunge?
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