Can Tesla Stock Reach $1,000 by 2030?
In recent times, you will struggle to find businesses that performed better for investors than (NASDAQ: TSLA). In the past five-year period, this top electric vehicle (EV) stock has skyrocketed 908%.
It hasn't been a smooth ride this year, though. Shares are down 28% in 2024 (as of March 27), as investors appear to be growing pessimistic about the Elon Musk-led enterprise. Maybe this is the right time to buy the dip in the hopes that Tesla can continue being a winner over the long term.
But can the stock rise 456% between now and 2030 to reach $1,000 per share?
Source Fool.com
Tesla Inc Stock
€290.80
9.760%
Currently there is a rather positive sentiment for Tesla Inc with 112 Buy predictions and 41 Sell predictions.
However, we have a potential of -1.65% for Tesla Inc as the target price of 286 € is below the current price of 290.8 €.
