Tesla (TSLA) was once the undisputed king of growth stocks, delivering jaw-dropping returns and redefining the auto industry. But soon followed a volatile period of slowing EV growth, rising competition, heavy spending, and lofty valuation. Tesla will report its first-quarter earnings on April 22 after the market closes. Recently, the company reported a 6.3% year-over-year (YoY) increase in Q1 delivery. The stock is down 12% YTD, underperforming the S&P 500 Index ($SPX) gain of 4%, and is down almost 21% from its 52-week high of $498.83.
Investors now wonder if Q1 will push TSLA stock to reclaim its former glory and surge toward $600?
