Tesla Stock: My Valuation Analysis Suggests To Buy The Dip


Source: seekingalpha.com seekingalpha.com

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jetcityimage Introduction Tesla, Inc. (NASDAQ:TSLA) stock has been very volatile within the last 52 weeks and had a tough 2024 start after a disappointing Q4 earnings release. The pessimism was caused by the expected deceleration in 2024 revenue growth and profitability metrics compression. But both these factors are due to temporary challenges in the macro environment, which are factors outside Tesla's management's control. From the business perspective, where the management has full control, the picture looks much better. Model Y's good value for money together with unparalleled technologies made it the world's bestselling car in 2023. The company has ample...