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Should Investors Buy the Dip in Tesla Stock?

TheMotleyFool

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Fool.com contributor Parkev Tatevosian evaluates the sell-off in (NASDAQ: TSLA) stock following its quarterly earnings update. Specifically, he asks if investors should buy the Tesla stock price dip.

*Stock prices used were the afternoon prices of Oct. 19, 2023. The video was published on Oct. 20, 2023.

Source Fool.com

Tesla Inc Stock

We can see a decrease in the price for Tesla Inc. Compared to yesterday it has lost -€4.550 (-2.240%).
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 positive potential of 20.79% compared to the current price of 198.7 € for Tesla Inc.

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