Shares of Tesla (NASDAQ:TSLA) are down 35% so far in 2024, and the stock is now down over the last three years. This was once one of the hottest stocks for investors, so what happened? In this video, Travis Hoium covers the stock's drop and why there may be more pain ahead.
*Stock prices used were end-of-day prices of March 14, 2024. The video was published on March 15, 2024.
Where to invest $1,000 right now
When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for two decades, Motley Fool Stock Advisor, has more than tripled the market.*
They just revealed what they believe are the 10 best stocks for investors to buy right now… and Tesla made the list -- but there are 9 other stocks you may be overlooking.
*Stock Advisor returns as of March 11, 2024
Travis Hoium has positions in General Motors. The Motley Fool has positions in and recommends BYD and Tesla. The Motley Fool recommends General Motors and recommends the following options: long January 2025 $25 calls on General Motors. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
