The pros and cons of teleconverters

 Teleconverters have been around for a long time and continue to be available because they're seen as a cheap and convenient way to extend the range of a telephoto lens. Most consist of a magnifying lens (or lens assembly) that is inserted between the camera body and an existing lens, to provide an increase in focal length. A 2x teleconverter will double the apparent focal length, converting a 300mm lens to 600mm focal length. A 1.4x teleconverter will increase the focal length of a 300mm lens to 420mm.

Buying a teleconverter will cost you less than buying a new lens with the increased focal length.