Tesla Is Still Down 25% in 2024 Despite Its Monster Jump. Is the Stock a Buy?
Being a Tesla (NASDAQ: TSLA) shareholder isn't for the weak stomach. The company's stock movements can be erratic, and many people may worry if they're not used to the volatility.
Tesla's stock popped more than 10% the day after its recent earnings release. However, since the start of 2024 the stock is still down over 25%.
So, is this pop the start of a new bull run for Tesla? Or is it an overreaction?
Source Fool.com
Tesla Inc Stock
€163.12
0.320%
Currently there is a rather positive sentiment for Tesla Inc with 57 Buy predictions and 27 Sell predictions.
As a result the target price of 248 € shows a very positive potential of 52.04% compared to the current price of 163.12 € for Tesla Inc.
