Think Tesla Is Slowing Down? This Chart Says Otherwise
Towards the end of 2022 and through the first quarter of 2023, the critics were out in full force against (NASDAQ: TSLA) and its potentially slowing U.S. demand. In fairness, for about 12 months the electric vehicle (EV) maker had missed sales growth estimates and was slashing prices.
But if you think Tesla is slowing down, think again. Below is a chart along with some figures which show it has regained some momentum recently.
While we won't see Tesla's official sales in the U.S. until its second-quarter report, recent registrations can serve as a proxy of the momentum Tesla had at the outset of the second quarter.
Source Fool.com
Tesla Inc Stock
€191.88
3.070%
Currently there is a rather positive sentiment for Tesla Inc with 75 Buy predictions and 28 Sell predictions.
As a result the target price of 246 € shows a positive potential of 28.21% compared to the current price of 191.88 € for Tesla Inc.
