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Short-term weakness for long-term dominance.
In this video, I will explain why I bought more shares of Tesla (TSLA 6.92%) this week despite a weak first-quarter earnings report. Despite a hit on margins, Tesla's path forward and pace of innovation is no match for any automaker that tries to compete with it today.
*Stock prices used were from the trading day of April 21, 2023. The video was published on April 22, 2023.
Neil Rozenbaum has positions in Tesla. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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