Should You Buy Tesla Stock With $1,000 and Hold for 20 Years?

Despite how volatile it has been along the way, it's impossible to deny Tesla's (NASDAQ: TSLA) long-term share price performance. Over the past decade, the stock has rocketed 1,790% higher. A $1,000 investment made in May 2015 would be worth $18,910 today.Thanks to its success in the auto industry, Tesla has become one of the most valuable businesses in the world. But the electric vehicle (EV) stock is now 38% below its peak -- a tumble that might have some investors wondering whether this is an opportunity to buy the dip.Should you allocate $1,000 to Tesla shares today and hold them for the next 20 years?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool