Tesla, Inc. Could Deliver 125,000 Total Cars This Year
Electric-car maker Tesla (NASDAQ: TSLA) reported second-quarter earnings on Wednesday (fellow Fool Daniel Sparks has the full details here).
Investors are mostly pleased with the results. The Model 3 has now launched on time -- the first punctual product launch for the young company -- and the top priority right now is ramping production to meet demand. After more than a year of declining to update the Model 3 reservation tally, CEO Elon Musk finally provided investors with an official figure: There are currently about 455,000 Model 3 reservations.
Image source: Tesla.
Source: Fool.com
Tesla Inc Stock
€215.50
0.490%
Currently there is a rather positive sentiment for Tesla Inc with 74 Buy predictions and 28 Sell predictions.
As a result the target price of 248 € shows a slightly positive potential of 15.08% compared to the current price of 215.5 € for Tesla Inc.
