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
€251.65
-0.930%
Our community is currently high on Tesla Inc with 116 Buy predictions and 44 Sell predictions.
With a target price of 280 € there is a slightly positive potential of 11.27% for Tesla Inc compared to the current price of 251.65 €.
