1 "Magnificent Seven" Stock Could Soar 1,027% or Plunge 87%, According to Select Wall Street Analysts. Who's Right?
Tesla (NASDAQ: TSLA) has divided Wall Street since it went public in 2010. Its CEO, Elon Musk, had grand ambitions and very few believers when he set out to manufacture and sell electric vehicles (EVs) back then, but he has repeatedly proved the doubters wrong.
As a result, Tesla stock has delivered a whopping 15,000%-plus return in the last 14 years. It's a member of the "Magnificent Seven," a prestigious group of the world's largest technology stocks.
That membership is under threat, however, because Tesla stock is trading 58% below its all-time high as Musk and his team grapple with softening demand for EVs and an increasingly competitive environment.
Source Fool.com