Is Tesla Stock a Buy in 2024?
(NASDAQ: TSLA) stock had a great run in 2023, more than doubling in price from $118 to 248.
But since the start of 2024, the stock price has slumped by around 20%. So is now a good time to pick up some Tesla shares?
For a time, Tesla was on a multiyear winning streak. In 2019, it achieved its first-ever full year of profitability on a non-GAAP (generally accepted accounting principles) basis. The electric vehicle (EV) maker followed that with three years of record revenues, margins, and profitability.
Source Fool.com
Tesla Inc Stock
Our community is currently high on Tesla Inc with 73 Buy predictions and 28 Sell predictions.
With a target price of 245 € there is a slightly positive potential of 18.44% for Tesla Inc compared to the current price of 206.85 €.