How the Model 3 Could Help Triple Tesla's Revenue
Electric-car maker Tesla (NASDAQ: TSLA) expects its recently launched Model 3 to help the company's sales soar, simultaneously accelerating a mass-market transition to electric vehicles. But just how big are Tesla's expectations for the Model 3?
Today, Tesla's Model 3 deliveries are paltry. But management asserts it is currently laying the groundwork for production capacity to begin surging by the end of this year. Here's a close look at just how ambitious Tesla's expectations for Model 3 are.
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 242 € shows a positive potential of 41.11% compared to the current price of 171.5 € for Tesla Inc.