Is Tesla Stock a Buy Under $500?

Tesla (TSLA) stock is closing in on the 500mark.TherecentrallywassparkedbyareportedWaymooutage,whichleftmanyofthecompanysautonomousvehiclesstrandedonthestreets.ThisbroughtbackattentiontoElonMusksfullselfdrivingandautonomy.Withthestockstrugglingtobreakthe500 mark. The recent rally was sparked by a reported Waymo outage, which left many of the company’s autonomous vehicles stranded on the streets. This brought back attention to Elon Musk’s full self-driving and autonomy. With the stock struggling to break the 500 barrier in the last week’s trading, investors have started wondering whether it is a psychological resistance and therefore worth selling the stock in the short term. The arguments for buying or selling t ...