Is Tesla Stock a Buy Now?
Electric vehicle company (NASDAQ: TSLA) is currently sitting pretty. The company is slashing prices to take market share at a time when labor strikes threaten to push the manufacturing costs of domestic competitors like Ford and General Motors higher.
Tesla's stock has also done well; shares have roughly doubled in price over the past 12 months, which raises the question whether investors should continue buying today or hold off.
While Tesla's long-term future looks bright, there are good reasons to stay patient and wait for a better entry point.
Source Fool.com
Tesla Inc Stock
€392.75
0.590%
Our community is currently high on Tesla Inc with 112 Buy predictions and 41 Sell predictions.
With a target price of 408 € there is a slightly positive potential of 3.88% for Tesla Inc compared to the current price of 392.75 €.
