Is Tesla Stock a Buy?
Thanks in part to a resurgence of stocks in 2023, (NASDAQ: TSLA) has seen its shares skyrocket this year. Boosting this performance were the company's better-than-expected financial results in each of the last two quarters.
Even with a roughly $800 billion market capitalization, Tesla shares are still off 38% from their peak price set in November 2021. Now could be an opportune time to take a closer look at this industry-leading enterprise.
Is this top electric vehicle (EV) stock a buy? Let's consider some important recent developments, as well as bigger-picture items, before coming to a conclusion.
Source Fool.com
Tesla Inc Stock
€192.28
-0.740%
Currently there is a rather positive sentiment for Tesla Inc with 76 Buy predictions and 27 Sell predictions.
As a result the target price of 247 € shows a positive potential of 28.46% compared to the current price of 192.28 € for Tesla Inc.
