Is Tesla Just a Car Company?
One of the biggest knocks against electric vehicle (EV) maker (NASDAQ: TSLA) is the idea it's just a car company, not a tech giant that deserves a place among the Magnificent Seven.
Indeed, EV sales account for the large majority of Tesla's revenue. However, besides the massive potential behind opportunities like artificial intelligence (AI) that bullish investors may point to, the company has an existing energy storage business too.
Let's explore some of Tesla's capabilities outside of manufacturing EVs and assess what the company could look like in the long run.
Source Fool.com
Tesla Inc Stock
€231.90
2.160%
Our community is currently high on Tesla Inc with 88 Buy predictions and 52 Sell predictions.
With a target price of 249 € there is a slightly positive potential of 7.37% for Tesla Inc compared to the current price of 231.9 €.
