Can Tesla Become a Trillion-Dollar Stock by 2030?
It's a monumental accomplishment for a business to get to a $1 trillion valuation. This exclusive group only consists of seven companies today. Except for one, all of these operate in the technology sector.
(NASDAQ: TSLA), the popular electric vehicle (EV) maker, once sported more than a $1 trillion market cap in early 2022. But thanks to a massive share price decline, the business is worth $520 billion today.
Can this EV stock reclaim its former glory and get back into the trillion-dollar club by 2030?
Source Fool.com
Tesla Inc Stock
Currently there is a rather positive sentiment for Tesla Inc with 56 Buy predictions and 27 Sell predictions.
As a result the target price of 248 € shows a very positive potential of 54.25% compared to the current price of 160.78 € for Tesla Inc.