Why Shares of Tesla Are Sinking Today
Shares of the electric vehicle (EV) company (NASDAQ: TSLA) traded nearly 5% lower as of 11 a.m. ET Wednesday. New data today shows that Tesla's EV sales continue to struggle abroad, as consumers opt for EVs sold by competitors.
Data in recent months has indicated that Tesla's second-quarter EV deliveries could come in weak, after only delivering roughly 337,000 deliveries in the first quarter of the year, the lowest level seen in over two years.
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Source Fool.com
Tesla Inc Stock
€347.25
0.420%
Currently there is a rather positive sentiment for Tesla Inc with 108 Buy predictions and 45 Sell predictions.
As a result the target price of 397 € shows a slightly positive potential of 14.33% compared to the current price of 347.25 € for Tesla Inc.
