2 Ways Tesla Can Grow in the Next 5 Years Beyond the Robotaxi
Tesla's (NASDAQ: TSLA) stock is on fire lately as its market cap heads toward $1 trillion, reflecting investors' optimistic expectations of its prospects in its electric vehicle (EV) business and other newer ventures.
However, it is vital to remain realistic. Several of these ventures, such as the robotaxi and Tesla bot, will likely require significant time (and investments) to demonstrate their economic viability.
Thankfully, Tesla has many activities within its "traditional" business that can occupy its attention for years, ensuring the sustainability of its growth engine. Here are two clear avenues to sustain its growth trajectory.
Source Fool.com
Tesla Inc Stock
Currently there is a rather positive sentiment for Tesla Inc with 86 Buy predictions and 51 Sell predictions.
As a result the target price of 250 € shows a slightly positive potential of 7.81% compared to the current price of 231.9 € for Tesla Inc.