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Advertising Isn't What Tesla Needs

Advertising will add costs for Tesla, but may not provide much benefit.

By Travis Hoium – May 26, 2023 at 5:45AM EST

Advertising raises awareness for products, but at this point how many new car buyers are unaware of Tesla (TSLA 1.53%)? This is what Travis Hoium explores in the video below. 

*Stock prices used were end-of-day prices of May 19, 2023. The video was published on May 22, 2023.

Read Next

About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has positions in General Motors. The Motley Fool has positions in and recommends Tesla. The Motley Fool recommends General Motors and recommends the following options: long January 2025 $25 calls on General Motors. The Motley Fool has a disclosure policy. Travis Hoium 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
$341.94
(-1.36%)-$4.71
Ford Motor Company Stock Quote
Ford Motor Company
NYSE: F
$12.19
(+5.82%)+$0.67
General Motors Stock Quote
General Motors
NYSE: GM
$76.33
(+4.91%)+$3.57

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

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