Electric vehicle manufacturerTesla, Inc.(NASDAQ:TSLA) has received ample news coverage recently, providing viable ground for speculation on both ends of the sentiment spectrum. Fundamentally, TSLA stock may be trading at a relative discount compared to prior highs. Furthermore, the EV maker's efforts to offer products geared toward modest-income households could also potentially pay off. Still, the underlying market remains challenging, leading to many open questions.

On the positive front, TSLA stock has been moving higher on the broader implications of Tesla shareholders approving CEO Elon Musk's $56 billion pay compensation package. The vote was overwhelmingly in...