Here's Why Tesla Stock Rose Again Friday
After it reported fourth-quarter earnings Wednesday night, (NASDAQ: TSLA) investors weren't sure how to react. Shares bounced around yesterday before ultimately closing about 3% higher. That positive momentum continued today, and it wasn't solely from investors digesting those results.
The stock jumped as much as another 5% today and was still trading 2.6% higher at 2:35 p.m. ET.
Reactions to Tesla's fourth-quarter financial results were mixed. Competition and slowing demand growth led to lower vehicle pricing, which resulted in sales and earnings missing expectations.
Source Fool.com
Tesla Inc Stock
€380.10
-2.710%
Currently there is a rather positive sentiment for Tesla Inc with 103 Buy predictions and 41 Sell predictions.
As a result the target price of 400 € shows a slightly positive potential of 5.24% compared to the current price of 380.1 € for Tesla Inc.
