Down 12% So Far This Year, Could Tesla Stock Tumble Further in 2024?
The first two weeks of 2024 have not been kind to (NASDAQ: TSLA). The electric vehicle (EV) stock is already trading down 12% year to date after a solid rebound in 2023. Zoom out, however, and Tesla is surprisingly down over 22% over the last three years and 46.6% from its all-time high.
Here's what the electric car company needs to do to reverse course and restore investor optimism.
Image source: Getty Images.
Source Fool.com
Tesla Inc Stock
€204.50
1.060%
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 slightly positive potential of 19.8% for Tesla Inc compared to the current price of 204.5 €.
