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Should You Buy Tesla While It's Below $350?


(NASDAQ: TSLA) continues to be a volatile business to own. Yes, the shares have soared 463% in the past five years. However, they are currently 30% off their peak price from December last year.

There's no doubt that this is an iconic company that's aiming to shape the future of technology. And investors might view the current dip as too good of an opportunity.

Should you buy this "Magnificent Seven" stock while it's trading below $350? Let's take a closer look at the bull and bear cases for Tesla.

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Source Fool.com

Tesla Inc Stock

€295.85
0.320%
The Tesla Inc stock is trending slightly upwards today, with an increase of €0.95 (0.320%) compared to yesterday's price.
Currently there is a rather positive sentiment for Tesla Inc with 105 Buy predictions and 38 Sell predictions.
As a result the target price of 410 € shows a positive potential of 38.58% compared to the current price of 295.85 € for Tesla Inc.
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