Below $400 Again, Is Tesla Stock a Buy?
Shares of electric-vehicle and energy specialist (NASDAQ: TSLA) are back below $400 as of this writing. Additionally, the stock is down about 12% year to date, even as Tesla keeps leaning harder into autonomy and a shift toward a more software- and services-driven model.
A pullback like this can look tempting given that Tesla is investing aggressively in promising growth initiatives. Its Robotaxi service, in particular, could morph into a major business for the company over the long haul. But the question is whether the economics of Tesla's newer, higher-margin initiatives will show up quickly enough -- and with enough durability -- to justify today's valuation.
Tesla Cybercab. Image source: Tesla.
Source Fool.com
Tesla Inc Aktie
286,70 €
0,88 %
Die Community bevorzugt leicht Tesla Inc mit mehr Buy- als Sell-Einschätzungen.
Eine Steigerung von über 20% ist für Tesla Inc möglich, angesichts eines Kursziels von 410 € gegenüber 286.7 €.
