3 Reasons to Buy Tesla Motors

By John Rosevear – Apr 21, 2013 at 4:41PM

NASDAQ: TSLA

Tesla

Market Cap

$517B

Today's Change

(12.06%) $17.45

Current Price

$162.13

Price as of April 24, 2024, 4:00 p.m. ET

With the electric-car startup poised to report its first profit, we look at three reasons to consider hopping on the Tesla bandwagon.

Is Tesla Motors (TSLA 12.06%) a buy right now? With the company set to report its first-ever profitable quarter, there are good reasons to think so. In this video, Fool contributor John Rosevear looks at three of those reasons -- and explains what anyone considering an investment in Tesla should keep in mind.

Fool contributor John Rosevear has no position in any stocks mentioned. Follow him on Twitter at @jrosevear. The Motley Fool recommends Tesla Motors. The Motley Fool owns shares of Tesla Motors. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.