“I had to look up that word . . . I will tell you, anybody who knows me, knows that I am not lackadaisical, now that I know what that word means."
Tesla has had a terrible start to 2024. But Tesla stock hasn't gotten any cheaper, by a key metric. In fact, it's more expensive than ever. Often when a stock sells off hard, investors and Wall Street analysts will tout it as a buy, citing much-cheaper valuations.
With Tesla facing a barrage of negative headlines, investors are questioning its long-term viability.