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Top 3 Reasons NOT to Buy Tesla Stock

TheMotleyFool 
0 0 18.12.23
Top 3 Reasons NOT to Buy Tesla StockPhoto, wide shot, wide-angle lens, soft focus, Car rental company, sunset photo at golden hour, photo by Art Wolfe: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-Ew7cRec38UnlyYzs41FVEri5.png?st=2023-12-29T14%3A03%3A41Z&se=2023-12-29T16%3A03%3A41Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-12-29T15%3A03%3A25Z&ske=2023-12-30T15%3A03%3A25Z&sks=b&skv=2021-08-06&sig=vZPI3wL5I%2BC5Zknik6hYtwmYdTdsE1ct/DM1evRA8EI%3D
 

's (NASDAQ: TSLA) stock is up 135% in 2023, but the company's performance doesn't match the stock. Margins are down, FSD continues to be a year away, and billions are being bet on products that will take years to be proven out.

In this video, Travis Hoium covers the reasons not to buy Tesla's stock.

*Stock prices used were end-of-day prices of Dec. 15, 2023. The video was published on Dec. 17, 2023.

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Source Fool.com

Tesla Inc Stock

€294.95
-1.960%
We can see a decrease in the price for Tesla Inc. Compared to yesterday it has lost -€5.900 (-1.960%).
Currently there is a rather positive sentiment for Tesla Inc with 106 Buy predictions and 39 Sell predictions.
As a result the target price of 409 € shows a positive potential of 38.67% compared to the current price of 294.95 € for Tesla Inc.
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