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Is Tesla Stock a Buy Ahead of Earnings?


It's a great time to take a closer look at (NASDAQ: TSLA) stock. Not only are the electric-car company's shares trading substantially below the levels they started the year at, but we also have fresh information on how the company's new vehicles are selling. In addition, Tesla's second-quarter earnings report is due later this month, so it makes sense to have some context going into the important update.

Unfortunately, Elon Musk-led company's latest delivery numbers aren't looking good. But this information alone isn't enough to rule out the stock as a good potential investment at around $300 per share.

Let's examine Tesla's latest vehicle shipments alongside other key information to determine if the stock is worth buying today.

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Source Fool.com

Tesla Inc Stock

€340.45
3.090%
Tesla Inc dominated the market today, gaining €10.20 (3.090%).
Currently there is a rather positive sentiment for Tesla Inc with 104 Buy predictions and 40 Sell predictions.
As a result the target price of 400 € shows a slightly positive potential of 17.49% compared to the current price of 340.45 € for Tesla Inc.
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