Expecting Tesla to 2X by 2029? Here's What Has to Happen.
Without a doubt, (NASDAQ: TSLA) has been one of the best investments in the past decade. As of this writing, shares have soared 2,330% since December 2013.
This top automotive stock is now the ninth most valuable company in the world. And it has done this by spearheading the EV (electric vehicle) industry, while also keeping its foot on the gas as it relates to technological innovation.
Even at a current market cap of $750 billion, some investors might be hoping that Tesla's stock can double in the next five or so years. Here's what has to happen for this lofty outcome to become a reality.
Source Fool.com
Tesla Inc Stock
€193.72
4.100%
Our community is currently high on Tesla Inc with 76 Buy predictions and 28 Sell predictions.
With a target price of 247 € there is a positive potential of 27.5% for Tesla Inc compared to the current price of 193.72 €.
