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
Our community is currently high on Tesla Inc with 117 Buy predictions and 54 Sell predictions.
On the other hand, the target price of 300 € is below the current price of 316.1 € for Tesla Inc, so the potential is actually -5.09%.