Is Tesla Stock a Bad News Buy?
Electric vehicle (EV) and technology company Tesla (NASDAQ: TSLA) is one of the largest businesses in the world, with its valuation right around $1 trillion today. And this is even as the stock is down 21% this year as of July 30.
Investor sentiment has become increasingly bearish on the business, and its latest earnings numbers didn't do anything to help that. With its recent results looking unimpressive, the stock may again come under pressure in the days and weeks to come.
Could now be a good time to add Tesla to your portfolio?
Source Fool.com
Tesla Inc Stock
€406.75
3.990%
Our community is currently high on Tesla Inc with 102 Buy predictions and 40 Sell predictions.
On the other hand, the target price of 404 € is below the current price of 406.75 € for Tesla Inc, so the potential is actually -0.68%.
