3 Reasons I'd Stay Far Away From Tesla Stock Right Now
Tesla (NASDAQ: TSLA) stock has been one of the biggest winners on the market over the last decade. The automaker did something many thought was impossible -- prove that electric vehicles (EVs) were a viable business -- and the company's success has made EVs mainstream.
However, the stock looks uniquely vulnerable right now after pulling back on disappointing results in its third-quarter earnings report. Here are three reasons why I think the stock looks likely to keep falling.
Image source: Tesla.
Source Fool.com
Tesla Inc Stock
€161.80
-1.370%
Currently there is a rather positive sentiment for Tesla Inc with 55 Buy predictions and 25 Sell predictions.
As a result the target price of 250 € shows a very positive potential of 54.51% compared to the current price of 161.8 € for Tesla Inc.
