Tesla is sending out invites to its highly anticipated Investor Day on March 1st, but CEO Elon Musk says there will be more to come — his Master Plan part 3.
Up by a whopping 82% year to date, Tesla (NASDAQ: TSLA) stock is rapidly bouncing back after its poor showing in 2022. Let's explore some reasons why Tesla's shares could be a no-brainer buy. Despite its significant 2023 rally, Tesla's stock is still down 52% from its all-time high of roughly $410 reached in November 2021.
The stock has soared by more than 70% over the last 30 days, and investors need a good reason to justify the current valuation. This may be it.