£5,000 in Tesla stock today could be worth this much by next year!
Despite all the ups and downs, Tesla (NASDAQ:TSLA) stock’s been a remarkable market-beating investment over the last five years. Shareholders have reaped close to a 530% gain since May 2020, transforming a simple £5,000 investment into £31,500. And Elon Musk is now back at the helm after a short stint at the US Department of Government Efficiency. So Tesla shares have begun recovering from their recent crash.
So is now a good time to jump in and buy Tesla shares for the long run? Here’s what the experts are saying.
Even after seeing half of its market-cap wiped out in the face of political protests and falling car delivery figures, Tesla stock trades at a forward price-to-earnings ratio…