Should Investors “Buy the Dip” in Tesla & Other EV Stocks?
has been susceptible to the bear market — though, low share prices usually present an opportunity for skilled investors.
Tesla is currently down about 40 percent from the stock’s high point, and high demand helped the automaker post an 87-percent quarterly revenue growth year over year in the first quarter. Despite this, Tesla’s production grew by just 69 percent, mirroring the fact that Tesla has increased its prices within the same time period.
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