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Tesla Stock Is Still A Big Loser In 2024, But It's Hitting Highs By This Metric

Tesla Stock Is Still A Big Loser In 2024, But It's Hitting Highs By This Metric

Tesla has had a terrible start to 2024. But Tesla stock hasn't gotten any cheaper, by a key metric. In fact, it's more expensive than ever. Often when a stock sells off hard, investors and Wall Street analysts will tout it as a buy, citing much-cheaper valuations.