Tesla stock outperformed its "Magnificent Seven" peers and the broader Nasdaq Composite index during the month of May.

Is Tesla stock worth buying the dip? Check what to review to determine if TSLA stock is a good buy or one to avoid.

Valued at a market cap of $1.11 trillion, Tesla (TSLA) is among the most prominent companies globally. While the electric vehicle maker traded near all-time highs in late 2025, it has since declined nearly 30% from its all-time high.