1 EV Stock to Buy Hand Over Fist Right Now
's (NASDAQ: TSLA) position as the leader of the electric vehicle (EV) industry is undeniable, as it consistently sets new records in production, sales, and revenue nearly every quarter. However, while these achievements make Tesla an ideal growth stock, it's time to start considering Tesla as more than an EV company.
Although less well-known than its best-selling vehicles, Tesla generates revenue from its expansive charging network, energy storage solutions, and proprietary batteries. Even though these all help to contribute to Tesla's diversified technological revenue model, there is one aspect of its business that has yet to produce any profits, but when it does, CEO Elon Musk believes it could be the catalyst that propels Tesla into a "10-trillion [dollar] company."
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Source Fool.com
Tesla Inc Stock
Our community is currently high on Tesla Inc with 56 Buy predictions and 27 Sell predictions.
With a target price of 248 € there is a hugely positive potential of 58.51% for Tesla Inc compared to the current price of 156.46 €.
