CFRA Research analyst Garrett Nelson maintains a 'buy' rating on Tesla Inc (TSLA), despite its stock falling about 34% year-to-date. Nelson highlights Tesla's strong balance sheet, upcoming Cybertruck production, a new mass-market electric vehicle, and a new factory in Mexico as positive catalysts. He views Tesla as a strong competitor in the Western market, despite increasing competition from China, and predicts it will become the world's largest auto manufacturer by the end of the decade.