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It’s hard to imagine this in early 2024, but electric vehicle manufacturer Tesla (NASDAQ:TSLA) was once a favorite among stock traders and analysts. Nowadays, however, some people want to see Tesla booted from the Magnificent Seven. Yet, looking through a contrarian lens, my TSLA stock analysis is actually bullish because the prevailing sentiment is bearish.
From rusting Cybertrucks to local pushback against Tesla’s proposed German production plant, it seems like practically every Tesla-related news report is negative now. That’s not a problem, however, if you’ve been waiting to buy Tesla stock at a reduced price. After all, every share-price dip must come with some seemingly terrible news. That’s how opportunities happen in the markets!
You Wanted TSLA Stock Below $200? You Got It!
Lately, investors have been so…
