Tesla (NASDAQ: TSLA) has done an excellent job increasing profit margins while expanding sales explosively. That said, competition is soaring, which could hurt Tesla’s impressive profit margins. In this video, I’ll give you three reasons to buy the stock and one reason to steer clear.
*Stock prices used were the afternoon prices of April 5, 2023. The video was published on April 7, 2023.
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Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
