Is This a Major Red Flag for Tesla Investors?
As the trailblazer in the industry, (NASDAQ: TSLA) has undoubtedly become the leader in the market for electric vehicles (EVs). According to Statista, the business commanded an impressive 52% of total unit sales in 2022 in the U.S., which represented a huge lead over the next best competitor.
This has translated to tremendous gains for shareholders. The stock is up a whopping 1,180% in the last five years, giving the company a market capitalization of $828 billion.
But it might not be all good news for the top EV company. Investors should be paying close attention to a potential red flag that has been brewing in recent quarters. Let's take a closer look at Tesla beneath the hood.
Source Fool.com
Tesla Inc Stock
€193.72
4.100%
Our community is currently high on Tesla Inc with 75 Buy predictions and 28 Sell predictions.
With a target price of 246 € there is a positive potential of 26.99% for Tesla Inc compared to the current price of 193.72 €.
