Electric vehicle (EV) maker Tesla’s (TSLA) shares are currently trading significantly below their $900.40 all-time high, which they hit in January 2021. The price decline can be attributed primarily to the problems TSLA is facing because of a global semiconductor shortage. The question is, given the EV industry’s immense growth potential and TSLA’s dominant position in the market, is it wise to buy the stock at the current price level? Let’s find out.
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