Great News for Tesla Stock Investors

By Parkev Tatevosian, CFA – Apr 27, 2024 at 6:30AM

NASDAQ: TSLA

Tesla

Market Cap

$557B

Today's Change

(-1.09%) -$1.90

Current Price

$172.82

Price as of May 9, 2024, 10:57 a.m. ET

Tesla is limiting unit capacity expansions amid slowing EV demand.

Fool.com contributor Parkev Tatevosian discusses why the production limitations are great news for Tesla (TSLA -1.09%) stock investors.

*Stock prices used were the afternoon prices of April 24, 2024. The video was published on April 26, 2024.

Parkev Tatevosian, CFA 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.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.