Are Tesla's Best Days Behind It? If So, Here's What Investors Can Expect.
While I've been bullish on Tesla (NASDAQ: TSLA) stock for a while, some items in its latest earnings report concern me. One or two reports shouldn't sway investors' confidence, but there may be a reason to worry when it's a consistent trend.
So what's going on with Tesla? And should investors be concerned? Let's find out.
As one of the leaders in the electric vehicle (EV) revolution, Tesla attracts a lot of attention. That attention can be both good and bad, but the latest attention it has received isn't of the good variety. In Q3, Tesla produced more than 430,000 vehicles, up an impressive 18% year over year. However, that is the low mark over the past 12 months, which is concerning.
Source Fool.com
Tesla Inc Stock
€202.35
-0.520%
Our community is currently high on Tesla Inc with 73 Buy predictions and 28 Sell predictions.
With a target price of 245 € there is a positive potential of 21.08% for Tesla Inc compared to the current price of 202.35 €.
