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Despite facing increasing competition, price cuts, and macroeconomic headwinds, Tesla's stock price crushed the market in 2023.
Fool.com contributor Parkev Tatevosian highlights the phenomenal year Tesla's (TSLA 0.66%) stock price had in 2023. Also, he includes a discussion of Tesla's longer-term prospects and answers if investors should buy the EV stock for 2024.
*Stock prices used were the afternoon prices of Dec. 13, 2023. The video was published on Dec. 15, 2023.
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 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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