Tesla Stock: The Big Question Is Buy or Bye

Benzinga
2025.08.01 12:43
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Tesla Inc. (TSLA) stock has faced volatility due to Elon Musk's political comments and weak earnings, with a recent decline of only 3%. Despite negative sentiment, it may be a good time to buy as positive news could boost confidence. The stock is trading around $300, with support levels in place. However, concerns remain over Musk's political distractions, declining sales, and growing competition from companies like BYD. Investors are cautious but hopeful for a potential turnaround.