Should Investors 'Buy the Dip' in Tesla, NIO, XPeng, & Other EV Stocks?

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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.

Source: News Formal (newsformal.com)

 

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Tesla down almost 50% from its ATH. Anyone telling you not to buy the dip is obviously a clown that should be ignored.

Not with Elon musk shooting his maga mouth off.

If the goal is long term growth (yes) If you need the geowth in the next 6 months (gambling)

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