3 Things You Need to Know Before Buying Tesla

In the past decade, Tesla (NASDAQ: TSLA) has taken the global automotive industry by storm. The business brought electric vehicles (EVs) to the mainstream. Positioned as a premium car brand, it proved that people did not have to sacrifice design in the name of sustainability.

While growth has slowed in recent years, Tesla's fundamental gains have still been notable over the long term. Not to mention, this is an extremely ambitious company working on cutting-edge projects.

Investors have profited immensely. The Magnificent Seven stock is currently 23% off its peak (as of Sept. 22). However, it has skyrocketed 2,660% in the past 10 years.

Continue reading