Why Tesla Stock Rallied 20% in November
It seems like there's never a dull moment for (NASDAQ: TSLA) shareholders. November was certainly an active month for the company and the stock. Investors were rewarded as Tesla stock gained 19.5% for the month, according to data provided by S&P Global Market Intelligence.
Part of the reason for the gains was the long-awaited rollout of Tesla's unique Cybertruck. The company promised to start deliveries of its newest electric vehicle (EV) offering, and it held the official launch event for the product.
But there were other reasons for the stock's advance, too.
Source Fool.com
Tesla Inc Stock
€227.80
5.150%
Currently there is a rather positive sentiment for Tesla Inc with 85 Buy predictions and 29 Sell predictions.
As a result the target price of 249 € shows a slightly positive potential of 9.31% compared to the current price of 227.8 € for Tesla Inc.
