When Tesla(NASDAQ: TSLA) introduced the Model 3 and Model Y, it stopped the Model S and Model X in their tracks. Something similar will likely happen with the new low-cost Tesla expected in 2025, and the company's financials won't look any better, either.
Travis Hoium goes over the trends in the video below.
*Stock prices used were end-of-day prices of April 6, 2024. The video was published on May 7, 2024.
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Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
