Why Tesla Stock Stomped on the Accelerator in June
(NASDAQ: TSLA) stepped on the accelerator in June, with shares climbing 28.3% according to data provided by S&P Global Market Intelligence. That's more than four times the 6.5% gains of the S 500 index and adds to its blistering rally so far in 2023, with the stock up more than 127%.
While a rebound among technology stocks was undoubtedly a contributing factor, the electric vehicle (EV) maker gained additional momentum and had numerous catalysts over the past month that helped drive the stock higher.
Image source: Tesla.
Source Fool.com
Tesla Inc Stock
€189.08
-0.870%
Currently there is a rather positive sentiment for Tesla Inc with 76 Buy predictions and 28 Sell predictions.
As a result the target price of 247 € shows a positive potential of 30.63% compared to the current price of 189.08 € for Tesla Inc.
