Tesla Zigs While the Competition Zags: Is the EV Juggernaut a Buy Now?
(NASDAQ: TSLA) has made history in the automotive industry by going against the grain. Back when Tesla launched its first electric vehicle (EV), the company's vision seemed closer to sci-fi than reality, especially as industry juggernauts continued to focus on highly profitable gas guzzling machines.
Fast forward to today, and Tesla again looks like it's zigging while others are zagging, but can it make the future of autonomous vehicles, robotics, energy storage, among other things, real enough to reward investors?
If you tuned into numerous second-quarter conference calls, you might have found that Tesla talked far less about EVs than many of its competitors. Morgan Stanley analyst Adam Jonas made it even more clear that he believes Tesla is far more than an auto story as he calculated Tesla's core auto operations to be worth $59 a share, compared to his full Tesla price target of $310.
Source Fool.com
Tesla Inc Stock
Currently there is a rather positive sentiment for Tesla Inc with 81 Buy predictions and 30 Sell predictions.
As a result the target price of 249 € shows a positive potential of 20.79% compared to the current price of 206.15 € for Tesla Inc.
