The $625 Billion Blunder I Believe Tesla Shareholders Are Making
Over the past 10 years, electric-vehicle (EV) maker (NASDAQ: TSLA) has been one of the top-performing companies within the broad-based S 500. As of the closing bell on Nov. 29, Tesla had delivered a nearly 2,800% return over the trailing decade.
Additionally, it's become one of the largest publicly traded companies. Tesla's $776 billion market cap has made it an integral part of the Magnificent Seven, which have propelled the broader market higher in 2023.
While Tesla stock has been a successful investment for many, I can't help but overlook what appears to be a $625 billion blunder in the making for the company's faithful shareholders.
Source Fool.com
Tesla Inc Stock
€201.70
-0.760%
Currently there is a rather positive sentiment for Tesla Inc with 72 Buy predictions and 29 Sell predictions.
As a result the target price of 240 € shows a slightly positive potential of 18.99% compared to the current price of 201.7 € for Tesla Inc.
