Prediction: This Artificial Intelligence (AI) Stock Will Drop Out of the $1 Trillion Club in 2025
(NASDAQ: TSLA) stock rose by 70% during 2024, catapulting the company to a market capitalization of more than $1 trillion. But the stock actually spent most of the year trading in the red -- it didn't gather momentum until Donald Trump won the presidential election in November.
Tesla CEO Elon Musk put his cash and influence behind the Trump campaign, and investors are speculating the company will benefit from lighter regulations under the incoming administration, which might help fast-track its artificial intelligence-powered full self-driving (FSD) technology.
FSD has the potential to transform Tesla's economics, but the company faces a serious challenge in the shorter term. Its electric vehicle (EV) sales shrank in 2024, the first annual decline since Tesla launched the Model S in 2011.
Source Fool.com
Tesla Inc Stock
Our community is currently high on Tesla Inc with 159 Buy predictions and 66 Sell predictions.
With a target price of 284 € there is a slightly positive potential of 1.19% for Tesla Inc compared to the current price of 280.65 €.
