You don’t need a deep Tesla TSLA stock analysis to tell you it’s the worst-performing stock of the Magnificent Seven in 2024 so far. The EV maker has different issues than those confronting rival Rivian RIVN, which just reported terrible earnings that sent its stock careening lower. But the general EV market malaise is heavy enough to weigh on the industry, Tesla included.
However, the TLSA also has more in its favor than most other car companies. It might be a bumpy ride for Tesla investors in the immediate future, but what does a TSLA stock analysis say about the longer term? Let’s take a look at where an investment in Tesla might be 10 years down the road.
EV Demand and TSLA Stock
High interest rates make financing a new car purchase prohibitively expensive for many. Rivian produced over 17,500 vehicles in the fourth quarter, 8% more than the previous quarter, but delivered 10% fewer vehicles, or under 14,000 cars than it did…


