Tesla Stock: Buy, Sell, or Hold?
Judging by the stock's 40% surge since the election on Nov. 5, Wall Street believes (NASDAQ: TSLA) will be a big winner under the incoming Trump administration. Tesla CEO Elon Musk, who actively supported Donald Trump's campaign, has frequently spent time with the president-elect over the past few weeks.
Reports have emerged recently that the Trump team is considering changes to some key policies that could impact Tesla, such as the Biden administration's electric vehicle credit and potential regulations to aid the development of self-driving vehicles.
Nobody knows what will happen, but Musk's ties to Trump understandably fuel speculation that Tesla could thrive during Trump's presidency.
Source Fool.com
Tesla Inc Stock
€295.95
0.140%
Currently there is a rather positive sentiment for Tesla Inc with 112 Buy predictions and 52 Sell predictions.
However, we have a potential of -3.36% for Tesla Inc as the target price of 286 € is below the current price of 295.95 €.
