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Up 104% YTD, Has Tesla Stock Run Too Far Too Fast?


(NASDAQ: TSLA) stock has more than doubled in 2023, which is a massive move for a company that size. But since the beginning of 2022, Tesla is still down 27%, which shows how far the stock fell last year.

Let's look at where Tesla stock is, how it got here, a fair price for the stock, and where it could be headed to see if the growth stock is worth buying now.

Image source: Getty Images.

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Source Fool.com

Tesla Inc Stock

€161.24
-0.780%
Tesla Inc shows a slight decrease today, losing -€1.260 (-0.780%) compared to yesterday.
Our community is currently high on Tesla Inc with 56 Buy predictions and 27 Sell predictions.
With a target price of 248 € there is a hugely positive potential of 53.81% for Tesla Inc compared to the current price of 161.24 €.
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