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Is Tesla Stock a Buy Now?

Tesla stock is trading at its lowest level since August 2020. Is this an opportunity, or is the stock headed lower?

By Eric Cuka – Jan 5, 2023 at 8:06AM EST

Tesla (TSLA 1.55%) stock is trading at levels not seen since the summer of 2020. In today's video, I outline the history of the company since being founded in 2003, then discuss valuation and technical analysis. Is Tesla stock a buy now? Watch the video below for my take.

*Stock prices used in the below video were during the trading day of Jan. 4, 2023. The video was published on Jan. 4, 2023.

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Eric Cuka has positions in Nvidia and Tesla. The Motley Fool has positions in and recommends Nvidia and Tesla. The Motley Fool has a disclosure policy. Eric Cuka 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.

Stocks Mentioned

Tesla Stock Quote
Tesla
NASDAQ: TSLA
$386.42
(-1.55%)-$6.08
Nvidia Stock Quote
Nvidia
NASDAQ: NVDA
$199.89
(-1.07%)-$2.17

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

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