Is Tesla a Millionaire Maker?
It's easy to zoom out on a price chart for a winning stock and see how it's created life-changing wealth for those who held it over the years. Take (NASDAQ: TSLA) for example. The stock has returned 12,000% since its initial public offering in 2010.
That's a great result, but there were bumps and bruises along the way, including the company nearly going under while ramping up Model 3 production five years ago.
Today, the stock is down over 50% off its high. The company is caught between its recent success and preparing for what will drive its future growth, which CEO Elon Musk admitted in the company's fourth-quarter earnings release.
Source Fool.com
Tesla Inc Stock
€171.20
0.900%
Our community is currently high on Tesla Inc with 77 Buy predictions and 50 Sell predictions.
With a target price of 220 € there is a positive potential of 28.5% for Tesla Inc compared to the current price of 171.2 €.
