Is Tesla Stock a Buy Now?
Electric vehicle company (NASDAQ: TSLA) is currently sitting pretty. The company is slashing prices to take market share at a time when labor strikes threaten to push the manufacturing costs of domestic competitors like Ford and General Motors higher.
Tesla's stock has also done well; shares have roughly doubled in price over the past 12 months, which raises the question whether investors should continue buying today or hold off.
While Tesla's long-term future looks bright, there are good reasons to stay patient and wait for a better entry point.
Source Fool.com
Tesla Inc Stock
€207.50
2.090%
Currently there is a rather positive sentiment for Tesla Inc with 72 Buy predictions and 29 Sell predictions.
As a result the target price of 240 € shows a slightly positive potential of 15.66% compared to the current price of 207.5 € for Tesla Inc.
