Original article from InvestorPlace by Luke Lango, InvestorPlace Senior Investment Analyst
Editor’s note: “The Tesla-Killer Poised to Soar in 2023!” was previously published in December 2022. It has since been updated to include the most relevant information available.
It may be hard to believe. But back in May 2019, a ton of Wall Street analysts were calling Tesla (TSLA) stock dead money.
But while Morgan Stanley (MS) and Citi (C) were offering doomsday price targets for the EV stock thanks to the choppy Model 3 production ramp, we were calling it a generational buying opportunity.
Fast forward 3 1/2 years. Tesla stock has soared 1,100%, turning every $10,000 investment into a $100,000-plus payday. Over that same stretch, the S&P 500 is up just 53.7%.
A lot of folks have since asked me: Luke, how did you see so early on that Tesla stock would be a winner?
There are several reasons. But perhaps the fun…
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