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Down 64% in 2022, Is Tesla Stock a Buy for 2023?

The EV carmaker is making noise for all the wrong reasons.

By Parkev Tatevosian, CFA – Dec 24, 2022 at 6:07AM EST

Tesla's (TSLA +3.37%) stock is down in 2022 as CEO Elon Musk has diverted his attention to his acquisition of Twitter. This video will help determine whether investors should buy Tesla stock for 2023.

*Stock prices used were the afternoon prices of Dec. 20, 2022. The video was published on Dec. 23, 2022.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Tesla Stock Quote
Tesla
NASDAQ: TSLA
$405.67
(+3.37%)+$13.24

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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