In 2012, Tesla (NASDAQ:TSLA) launched its first mass-production vehicle, the Tesla Model S. Love or hate the firm (or its controversial boss), the vehicle was a stunning leap forward in electric vehicle technology.
Fast forward a decade, however, and everything has changed.
No matter where you look, competitors are beginning to catch up to Tesla’s technologies, design and ability to grab headlines.
In January 2021, I reversed my call on Tesla to a “sell.” And as Tesla continues to squander its lead, investors would do well to follow suit.
This post appeared first on InvestorPlace.