Down More Than 20% in 3 Weeks, Is Tesla Stock a Buy?
Shares of electric-car maker (NASDAQ: TSLA) have endured a rough few weeks. The growth stock has lost more than one-fifth of its value in just three weeks. Investors have been concerned with price cuts, slowing deliveries, and somber remarks from Tesla CEO Elon Musk during the company's third-quarter earnings call regarding the current economy and its impact on demand for autos.
Is the growth stock's pullback a buying opportunity for investors? Or is it a sign of potentially worse things to come?
Though Tesla shares are still up nearly 60% year to date, there's undoubtedly been a shift in market sentiment toward the stock to a more negative view recently.
Source Fool.com
Tesla Inc Aktie
202,35 €
-0,52 %
Leichtes Buy-Interesse bei Tesla Inc, mit mehr Buy- als Sell-Einschätzungen.
Für Tesla Inc sieht die Community ein Kursziel von 245 €, was eine erhebliche Steigerung um über 20% gegenüber dem aktuellen Kurs von 202.35 € bedeutet.
