Should You Buy Tesla Stock Now in 2020? (Full Earnings Analysis!)
Is now the time to buy Tesla Stock? Quarter 1 earnings were just released Wednesday April 29, 2020 and as a result the share price of Tesla (TSLA) has soared almost 10% after hours!
In this video, I'm going over why their price increased so much, taking a look at their financials, recent earnings, and future outlook. I'll also give my opinions about buying the stock right now or waiting.
Make sure to watch this video until the end, and you'll have a much better understanding of Tesla as a company and why they are so strong. If you want to invest in Tesla, knowing their financials and revenues is essential to curating your own opinion about this risky yet high growth stock. Don't buy based on the volatility and low/high points, buy due to the value that Tesla offers as a company!
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Tesla's Q1 Earnings report:
https://ir.tesla.com/static-files/c17...
Note - I have a personal interest in TSLA stock. My recommendations and insights are just a suggestion - I encourage you to do your own research about each company and make a decision for yourself, whether or not you want to invest in that particular company. This should not constitute financial advise, rather commentary on their Q1 earnings and my own opinions about the company.
Happy stock buying! Now could be a great time for you to start investing. With stocks on sale, you'll get more value for your dollar than if you had invested earlier this year.
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Happy investing!
-Charlie
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In addition, I am not a financial advisor. Charlie Chang does not provide tax, legal or accounting advice. The ideas presented in this video are for entertainment purposes only. Please do your own due diligence before making any financial decisions.
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