Tesla's Price Cuts and Layoffs Indicate There's More Downside in the Stock
(NASDAQ: TSLA) announced layoffs earlier this week, and that followed weak deliveries for the first quarter of 2024. What investors need to look at is this performance in relation to the stock price, which this video from Travis Hoium shows is completely out of line with competitors.
*Stock prices used were end-of-day prices of April 16, 2024. The video was published on April 17, 2024.
Source Fool.com
Tesla Inc Stock
€193.72
4.100%
Our community is currently high on Tesla Inc with 76 Buy predictions and 27 Sell predictions.
With a target price of 247 € there is a positive potential of 27.5% for Tesla Inc compared to the current price of 193.72 €.
