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Tesla: Buy, Sell, or Hold?


With the Nasdaq Composite index up 32% in 2023 (as of Aug. 9), it's clear that investors are starting to feel optimistic again. That's especially true following the double-digit loss posted last year. 

But some stocks, like (NASDAQ: TSLA), have trounced the overall market. Shares of the electric vehicle (EV) maker are up a whopping 100% this year. And its market cap is close to $800 billion. 

With the stock up so much in 2023, should investors buy, sell, or hold Tesla right now? Let's take a closer look at this top automotive stock. 

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Source Fool.com

Tesla Inc Stock

€193.72
4.100%
A very strong showing by Tesla Inc today, with an increase of €7.64 (4.100%) compared to yesterday's price.
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 €.
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