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Tesla Stock Close to Being Best Deal on Wall Street: Here’s When to Buy
Tesla Stock Close to Being Best Deal on Wall Street: Here’s When to Buy
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Tesla stock is currently hovering around the $241 mark but saw a 5% dip on Wednesday as the markets crashed. Nearly $1.75 trillion worth of wealth was erased from the US stock market as the Dow Jones plunged 700 points. TSLA is among the badly hit equities, down nearly 37% year-to-date. It had fallen 50% YTD but recovered slightly due to the 90-day tariff pause. Analysts are weighing when to buy the dip, with shares down over 100% from their all-time high reached in late 2024. Discouraging news for the EV maker includes founder Elon Musk’s political moves and US tariff threats. Musk believes Tesla could one day surpass Apple as the most valuable company.
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