Tesla, once seen as a groundbreaking automaker in the electric vehicle (EV) sector, is facing growing skepticism. Enthusiasm has waned due to CEO Elon Musk's political ties and declining resale values. Over the years, while Tesla's initial models like the Model S and Model 3 set industry standards, newer competitors are closing the gap in terms of range and functionality. As a result, there's an emerging consensus that Tesla vehicles may not be wise investments anymore, with many recommending to sell rather than buy.
For well over a decade, Tesla has been the strange and novel outsider that caught the attention of the non-automotive world.
Tesla's competitive advantage has narrowed from a seemingly uncrossable chasm to a sliver at best.
I don't think they're a good buy, and I think there's a strong case to sell one you own right now.
When the Tesla Model 3 hit the market in 2017, the best-selling EV in history was the Nissan Leaf.
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