Down 14%, Is Tesla a Good Buy Now?
In a challenging EV market, Tesla's emerging energy division could be its strongest growth engine.
Down 14%, Is Tesla a Good Buy Now?
Overview
As competition heats up and demand for electric vehicles (EVs) in the U.S. cools down, shares of Tesla (NASDAQ: TSLA) have unsurprisingly fallen more than 14% in 2026. Simultaneously, Tesla's self-driving capabilities have come under intense scrutiny for both safety reasons and the pace at which they're being rolled out. Is the dip in Tesla's price an opportunity to buy, despite these challenges?
There is good news for Tesla's investors. Sales in Europe are rebounding, and the appetite for EVs abroad doesn't seem to be as sluggish as at home. Tesla's energy division, particularly in battery storage, is growing, and its revenue is likely to increase substantially in the coming quarters. Wall Street's consensus estimates suggest that the company's energy segment could generate $18.3 billion this year.
Details
Between energy storage demand and a rebounding European market, momentum is building in Tesla's favor. The slowdown in the U.S. market could also be cyclical and due for a rebound, but that's still a risk.
Source
Originally published at www.fool.com.
