3 Reasons to Buy Tesla Stock Hand Over Fist
Long-term investing is the key to sustainable returns in the stock market. While short term strategies are tempting, they can expose your portfolio to volatility and costs associated with bid-ask spreads. Holding for the long haul helps smooth out these challenges, giving you time for a company's fundamental value to shine through.
Let's discuss why investors should take a long-term perspective on Tesla (NASDAQ: TSLA) as it navigates through an uncertain economic environment in the electric car industry.
According to projections from Goldman Sachs, electric vehicles (EVs) will make up a whopping 61% of global car sales by 2040 as technological improvements and government support boost the industry.
Source Fool.com
Tesla Inc Stock
Our community is currently high on Tesla Inc with 75 Buy predictions and 28 Sell predictions.
With a target price of 246 € there is a positive potential of 26.99% for Tesla Inc compared to the current price of 193.72 €.