Should You Buy Tesla Stock Before Jan. 29?

It feels like the investing world took the spotlight off of Tesla (NASDAQ: TSLA) in 2024. Investors were enamored with artificial intelligence (AI) stocks such as Nvidia and Palantir. Tesla's CEO Elon Musk has been focused on other endeavors -- both business and political -- over the last few quarters. With the excitement around electric vehicles (EVs) fizzling out and growth stalling in the industry, Tesla shareholders (and perhaps the CEO himself) seem to have lost enthusiasm for the company.And yet, as I write this today, shares of Tesla stock are up 100% in the past 12 months. The EV maker and technology company has crushed the market and trades at a market cap of $1.3 trillion. It is set to report its fourth-quarter earnings on Jan. 29 after the market closes. Should you buy shares before the earnings report? Let's take a closer look.When analyzing Tesla stock, we need to first look at how many cars it is selling to customers each period. Historically, the company was growing its unit volumes like gangbusters, but in 2024 it faced a slowdown. Tesla's trailing-12-month deliveries have stalled out for a few quarters now. In fact, deliveries in 2024 were lower than in 2023. That is a huge slowdown surely impacted by slowing market-share gains for the EV category, especially in the United States.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool