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Markets · Investing · Business
Finance
3 Things You Need to Know Before Buying Tesla
This is an extremely ambitious company whose early shareholders have profited nicely.
In the past decade, Tesla(NASDAQ: TSLA) has taken the global automotive industry by storm. The business brought electric vehicles (EVs) to the mainstream. Positioned as a premium car brand, it proved that people did not have to sacrifice design in the name of sustainability.
While growth has slowed in recent years, Tesla's fundamental gains have still been notable over the long term. Not to mention, this is an extremely ambitious company working on cutting-edge projects.
Details
Investors have profited immensely. The Magnificent Seven stock is currently 23% off its peak (as of Sept. 22). However, it has skyrocketed 2,660% in the past 10 years.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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