Tesla Stock Has Tanked 27% in 2024: Is It Time to Buy the Dip?
As we're about a month into the new year, investors might still be focused on reassessing their portfolios. Part of this means looking at companies that performed well last year and thinking about whether they could do so again in 2024.
Just look at electric vehicle (EV) maker (NASDAQ: TSLA). Its shares soared 102% last year. But as of Jan. 25, they have tanked 27% so far in 2024.
Should investors buy this top EV stock on the dip?
Source Fool.com
Tesla Inc Stock
€202.35
-0.520%
Our community is currently high on Tesla Inc with 73 Buy predictions and 29 Sell predictions.
With a target price of 245 € there is a positive potential of 21.08% for Tesla Inc compared to the current price of 202.35 €.
