Is Tesla Stock a Buy?
As one of the most valuable and innovative businesses in the world, (NASDAQ: TSLA) never really gets to spend time outside the spotlight. So, when it reported disappointing fourth-quarter and 2023 financial results on Jan. 24, the market's negative reaction made headlines.
Shares fell 12% the following day and they are down 24% year-to-date. This is an unfavorable trend given that the Nasdaq Composite has climbed 6% so far this year.
While they take a breather, is now the right time to buy shares of this leading electric vehicle (EV) maker?
Source Fool.com
Tesla Inc Stock
€219.45
-3.640%
Currently there is a rather positive sentiment for Tesla Inc with 84 Buy predictions and 30 Sell predictions.
As a result the target price of 247 € shows a slightly positive potential of 12.55% compared to the current price of 219.45 € for Tesla Inc.
