Great News for Tesla Stock Investors!

By Parkev Tatevosian, CFA – Updated Mar 22, 2024 at 8:23AM

NASDAQ: TSLA

Tesla

Market Cap

$578B

Today's Change

(0.66%) $1.18

Current Price

$181.19

Price as of May 3, 2024, 4:00 p.m. ET

Tesla could be changing its strategy, which could lift profit margins industrywide.

Fool.com contributor Parkev Tatevosian discusses what the latest move from Tesla (TSLA 0.66%) could mean for investors.

*Stock prices used were the afternoon prices of March 18, 2024. The video was published on March 20, 2024.

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.