Looking to Tesla, Inc.'s Next Catalysts
![Looking to Tesla, Inc.'s Next Catalysts Looking to Tesla, Inc.'s Next Catalysts](https://g.foolcdn.com/editorial/images/465540/tsla-stock-model-s.png)
Once Tesla (NASDAQ: TSLA) ramps up production of its Model 3, the less costly vehicle will become the biggest contributor to the electric-car maker's business. But, for now, the Model S continues to hold this important position -- more than five years after it was launched. The award-winning vehicle has served as Tesla's primary growth engine for years, propelling annual revenue from several hundred million dollars to billions in just a few years.
But Tesla's Model S deliveries this year suggest upside for the pricey electric sedan may be limited from here. This puts pressure Tesla's next growth catalysts.
Here's a look at how Model S sales growth has slowed, and why the success of the electric-car maker's newer vehicles is so vital.
Source: Fool.com
Tesla Inc Stock
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 18.08% compared to the current price of 203.25 € for Tesla Inc.