Tesla Costs More Than $350 a Share. Here's Why I'd Still Buy One.

Despite Tesla's stock price of $354.72 and a 21% decline this year, analyst Rick Munarriz argues it could be a good buying opportunity. Rising gas prices are boosting electric vehicle demand, and Tesla has multiple growth catalysts including Optimus robots, autonomous driving improvements, and commercial vehicle expansion. However, profitability concerns remain as earnings were cut in half last quarter, though analysts expect smaller declines in Q3 results.