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Most Investors Want to Dump Tesla. I'm Not One of Them.

Costs are rising, and Tesla's reputation has taken a hit, but I still like it as a long-term growth investment.

Most Investors Want to Dump Tesla. I'm Not One of Them.

Published August 29, 2026 · Category: Finance

Overview

Tesla (NASDAQ: TSLA) hit major sales milestones in the second quarter of 2026, when it reported $28.2 billion in revenue and surpassed $100 billion in trailing revenue for the first time ever. Despite that, the sentiment around Tesla is largely negative, and its share price is down 21% this year (as of Aug. 27).

I own Tesla stock, and I have no plans of selling. Although the brand has taken a hit, Tesla still excels in several areas, and it's moving into new markets with exciting growth opportunities.

Image source: Tesla.

Details

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Originally published at www.fool.com.

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