The electric vehicle market is booming thanks to growing climate change concerns, government incentives, and the expansion of charging infrastructure. EV major Tesla, Inc. (TSLA) has been one of the first movers in the battery electric vehicle (BEV) space. TSLA has a dominant share in the EV market, but its market share has declined off late due to the shifting focus of traditional automakers on EVs.
In this piece, I have discussed why waiting for a better entry point in TSLA could be prudent.
