Up 70% This Year, Here's Why It's Still an Excellent Time to Buy Tesla Stock
If you've wanted to own (NASDAQ: TSLA) shares but thought the stock was too expensive, you now have your opportunity. The stock had doubled this year as sales and profits have continued to grow for the electric vehicle (EV) juggernaut.
But a correction in Tesla's share price is under way. For those willing to withstand short-term headwinds, the market may now be providing a great opportunity to own Tesla. The stock's correction gained traction after Tesla recently updated investors with its third-quarter operational and financial results. Here's a look at those results.
Tesla missed analyst expectations in the third quarter.
Source Fool.com
Tesla Inc Stock
€202.35
-0.520%
Our community is currently high on Tesla Inc with 73 Buy predictions and 28 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 €.
