Down Almost 20% This Year, Is Tesla Stock Good Value?
- Tesla stock down nearly 20% in 2024 due to cooling EV demand and competition.
- Q4 2023 saw revenues grow only 3.5%, margins under pressure from aggressive price cuts.
- Concerns over 2024 sales growth due to slowing demand and high interest rates.
- TSLA stock down 15% since early 2021, inconsistent returns historically.
- Analysts marginally positive on TSLA, see potential growth from new vehicle models.
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