Has Tesla's Stock Peaked?
Shares of electric vehicle maker Tesla (NASDAQ: TSLA) have risen by around 70% in the past 12 months, pushing its market cap up to nearly $1.5 trillion. It's one of the leading stocks in the world, due to its focus on growth and innovation.
But there's also no denying that it's also among the most expensive stocks. Investors often have to pay a significant premium to own a piece of the business. Currently, it's around its all-time high. And on a year-to-date basis, it has risen in value by just 9%. Is Tesla's stock approaching a peak, or could this stock still have room to rise higher?
Image source: Getty Images.
Source Fool.com
Tesla Inc Aktie
297,60 €
0,69 %
Leichte Kaufstimmung für Tesla Inc: Mehr Buy- als Sell-Einschätzungen.
Das Community-Kursziel von 396 € für Tesla Inc deutet auf eine deutliche Steigerung um mehr als 20% gegenüber dem aktuellen Kurs von 297.6 € hin.
