Tesla Stock Pulled Back 26.2% After a Monster Run. Is It Time to Buy the Dip?

Tesla shares have pulled back about 26.2% after a large run, but the Motley Fool piece argues the decline may be a buying opportunity given Tesla’s long-term growth prospects. The stock still trades at nearly 14 times sales despite the drop, versus Rivian at just over 3 times sales. The article highlights Tesla’s heavy investment in AI and the potential of robotaxis — a market McKinsey and other experts expect to scale broadly in the early 2030s — as key catalysts that could materially boost Tesla’s enterprise value (some investors project up to an additional $1 trillion). The author remains constructive on Tesla’s outlook, suggesting the pullback may be temporary if autonomous driving and robotaxi adoption accelerate demand.