3 Reasons to Get Rid of Your Tesla Stock Now

The U.S. electric vehicle (EV) maker Tesla (NASDAQ:TSLA) cannot seem to avoid bad news in 2024. Investors were already taken aback when CEO Elon Musk announced at the beginning of the year that 2024 would be a difficult year for growth and issued lackluster guidance. This premonition turned out to be true, as Tesla saw deliveries decline for the first time since 2020 in the first quarter of 2024, despite Tesla’s Chinese rivals and the American luxury EV maker Rivian (NASDAQ:RIVN) reporting increased deliver ...