TSLA - Tesla: Downside Risk Without Participating In The Growth Stocks Rally
2024-03-07 17:50:16 ET
Summary
- After disappointing investors over the past few years, Tesla, Inc. share price continues to underperform.
- Deteriorating business fundamentals are largely at the mercy of outside factors.
- At the same time, Tesla stock no longer participates in growth stocks rallies, which makes the company unattractive from a risk-reward perspective.
For the past two years or so, Tesla, Inc. ( TSLA ) stock has failed to live up to investor expectations. While the business continued to expand, shareholders have not only underperformed the broader equity market since July of 2021, but have also lost roughly 17% on their investment....
Tesla: Downside Risk, Without Participating In The Growth Stocks Rally