Tesla (TSLA -0.25%) has done an excellent job increasing profit margins while expanding sales explosively. That said, competition is soaring, which could hurt Tesla's impressive profit margins. In this video, I'll give you three reasons to buy the stock and one reason to steer clear.
*Stock prices used were the afternoon prices of April 5, 2023. The video was published on April 7, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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