Where Will Tesla Be in 10 Years?
As a major disruptor to the worldwide auto industry, (NASDAQ: TSLA) has certainly gotten its fair share of attention. CEO Elon Musk seems to always have the spotlight on him. And he's viewed by many as a great visionary.
It's not surprising that if a business has this type of introduction, its shares have performed well. Since June 2014, this top electric vehicle (EV) stock has skyrocketed 1,050%, crushing the gain of the Nasdaq Composite Index. But it's been a difficult ride more recently, with shares trading 56% off their all-time high.
Bullish investors are probably thinking about buying the dip today. Before doing so, let's consider where Tesla could be in 10 years.
Source Fool.com
Tesla Inc Stock
€227.20
3.440%
Currently there is a rather positive sentiment for Tesla Inc with 70 Buy predictions and 27 Sell predictions.
As a result the target price of 247 € shows a slightly positive potential of 8.71% compared to the current price of 227.2 € for Tesla Inc.
