Tesla Stock Dips on EV Tax Break Cut— Perfect Time to Buy?

Shares of Tesla Inc. NASDAQ: TSLA have been the subject of much criticism in the past few months, as the company was seen as out of favor during the previous market cycle. This is especially the case as the price of oil remains below $75 and struggles to rise, meaning that fuel costs aren’t high enough yet to justify ownership of electric vehicles as an alternative source. However, a recent quarterly earnings release sent Tesla stock flying by over 20% in a matter of days, a rally that accelerated once the ...